This week, world commodity prices may fluctuate strongly.

According to MXV, in the trading week from May 12 to 18, after the US-China negotiations, the world commodity market fluctuated, with prices of many commodities rising sharply and then plummeting at the end of the week.

Dominant buying pressure pulled the MXV-Index up slightly by 0.1% to 2,196 points.

The market for industrial raw materials fluctuates. Source: MXV

Cocoa attracted attention when its price approached its historical peak in January, reaching 10,898 USD/ton, up 18.6%; meanwhile, the prices of two coffee products simultaneously plummeted.

Robusta coffee prices fell 6.9% to $4,865/ton, marking the third consecutive week of decline, while Arabica coffee prices also fell 5.7% to $8,061/ton.

In coffee, the latest forecasts for global supply continue to put pressure on prices. According to Conab, Brazil’s coffee production in 2025-2026 is expected to increase by 2.7% compared to the previous year, while the USDA also forecasts that Honduras and Uganda’s coffee exports will both increase by 2.6%.

Additionally, according to ICE, Robusta inventories reached 4,890 lots – the highest level in seven and a half months, while Arabica inventories were approximately 851,170 60kg bags, the highest level in nearly three months.

Energy commodity market covered in green. Source: MXV

According to MXV, oil prices continue to maintain their upward momentum thanks to market optimism following the US-China trade agreement.

At the end of the week, Brent oil price surpassed the threshold of 65 USD/barrel, increasing by 2.35% to 65.41 USD/barrel; while WTI oil also recorded an increase of 2.41%, to 62.49 USD/barrel.

Trade deals between the US and the UK, followed by a US-China trade deal, have boosted investor sentiment this week, while US inflation data has also helped support oil prices.

On the other hand, OPEC+'s unusual decision to increase production further raises concerns about the supply-demand gap in the oil market.

Over the weekend, President Donald Trump announced that the US would announce tariffs on trading partners within the next two to three weeks, instead of continuing negotiations with individual countries.

MXV believes that this week, world commodity prices may experience many sessions of strong fluctuations.

Source: https://hanoimoi.vn/tuan-nay-gia-hang-hoa-the-gioi-co-the-rung-lac-manh-702717.html