
Coal prices traded near a three-year high, briefly touching $150 per tonne, while oil prices fell on planned US-Iran negotiations, with Brent still above $100 a barrel. The report also noted the Indonesian rupiah at about 18,130 per US dollar and the Jakarta index down 0.79% in morning trading.
Oil weakness tied to US-Iran talks eases energy-driven costs for feed producers, including diesel and freight, though Brent above $100 keeps input costs elevated. Higher coal prices point to firmer energy costs for processing and transport, with limited direct effect on feed grain prices.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.