# Weekly Pricing Pulse: Recession worries undercut commodity prices

> S&P Global's Materials Price Index fell 0.9% in the week, as recession fears kept physical buyers on the sidelines. A US announcement postponing some China tariffs to December limited losses, and five of ten sub-indices rose.

- Date: 2019-08-21 · published 2019-08-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57752-weekly-pricing-pulse-recession-worries-undercut-commodity-prices
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer physical demand and a stronger dollar weigh on broad commodity prices, though the tariff delay reduces near-term trade-war downside for feed-linked markets.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-06-09 | [Falling commodity prices stoke fear of global recession](https://feedsoft.ai/events/6884-falling-commodity-prices-stoke-fear-of-global-recession.md) | -0.9% | +2.5% |
| WTI | 2022-09-26 | [Commodity prices down last week amid hawkish monetary policies, recession fears](https://feedsoft.ai/events/11907-commodity-prices-down-last-week-amid-hawkish-monetary-policies-recession-fears.md) | +1.0% | +8.1% |
| WTI | 2022-07-01 | [Oil prices fall due to recession worries](https://feedsoft.ai/events/40409-oil-prices-fall-due-to-recession-worries.md) | -0.9% | -6.2% |
| WTI | 2022-10-14 | [Oil prices fall more than 3% on recession worries](https://feedsoft.ai/events/39282-oil-prices-fall-more-than-3-on-recession-worries.md) | -3.8% | -3.3% |
| WTI | 2020-03-20 | [Commodity weekly \| Saxo](https://feedsoft.ai/events/7426-commodity-weekly-saxo.md) | -26.8% | -27.2% |
| BRENT | 2022-07-01 | [Oil prices fall due to recession worries](https://feedsoft.ai/events/40409-oil-prices-fall-due-to-recession-worries.md) | -7.1% | -7.6% |
| BRENT | 2022-10-14 | [Oil prices fall more than 3% on recession worries](https://feedsoft.ai/events/39282-oil-prices-fall-more-than-3-on-recession-worries.md) | -3.1% | -1.0% |
| BRENT | 2020-03-20 | [Commodity weekly \| Saxo](https://feedsoft.ai/events/7426-commodity-weekly-saxo.md) | -4.7% | -9.9% |

## Sources

- spglobal.com: https://www.spglobal.com/marketintelligence/en/mi/research-analysis/weekly-pricing-pulse-recession-worries-undercut-commodity-pric.html

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