# The Commodities Feed: Equities drag the complex higher | snaps | ING THINK

> ING's daily commodities roundup says oil moved mainly with equities, with little fundamental news. Base metals rallied after Chinese industrial profit data, and Vale halted its Viga concentrate plant in Brazil after a court order.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51066-the-commodities-feed-equities-drag-the-complex-higher-snaps-ing-think
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Energy and metals moves here have little direct bearing on feed grain or protein prices, so the effect on feed markets is minimal.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- think.ing.com: https://think.ing.com/snaps/the-commodities-feed-equities-drag-the-complex-higher/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.