Hamburger Containerboard announced a $40 per ton price increase for corrugated sheet on 28 May, a direct response to soaring pulp and transportation costs. The success of this hike depends on competitor support and will reveal the true strength of industrial demand ahead of the peak shipping season.
Gunnison Copper secured a $30 million bought deal to fund an expanded drill program in the Yukon. The financing highlights institutional capital targeting copper exploration in stable jurisdictions amid a projected global supply deficit.
Gold fell 1.8% to $2,348 on 28 May 2026 despite escalating U.S.-Iran tensions. The drop reveals a market more focused on the inflationary consequences of conflict, which bolster the case for higher interest rates and a stronger dollar.
Gold prices fell to a new two-month low as diplomatic efforts to reopen the Strait of Hormuz stalled. The impasse removes a key catalyst for lower oil prices and Fed rate cuts, shifting the market's focus squarely to hawkish central bank risks.
Cerrado Gold reported Q1 revenue of $28.1 million, an 11% production decline that pushed costs higher. The mid-tier miner's challenges reveal the widening gap between well-capitalized majors and smaller producers.
Johnson Matthey will pay $360 million for Cormetech, consolidating key manufacturing assets in the automotive catalyst supply chain. The deal arrives just ahead of stringent new emissions rules in the U.S. and China that will drive demand for advanced exhaust treatment systems.
UBS warned on 28 May 2026 that silver's 140% rally is now destroying industrial demand. This pivot threatens the metal's dual investment-industrial thesis and could trigger a deeper correction than mere profit-taking.
Buyers cancelled US liquefied petroleum gas shipments to Asia after freight rates surged over 70% in late May 2026. This abrupt halt exposes how Middle East conflict can swiftly choke global energy trade, threatening to glut US storage and rewire petrochemical supply chains.
Industrial metals declined as US strikes in the Persian Gulf dampened deal optimism, sending copper lower while Meta Platforms rallied 4.10%. The escalation reintroduces a significant risk premium to global supply chains for critical raw materials.
Wilmar International's 9.8% plunge is its worst day since the March 2020 COVID crash, triggered by an Indonesian export probe. The investigation revives fears of a 2022-style policy shock that could reroute capital within the global edible oils complex.
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Start TradingMP Materials sued USA Rare Earth on May 27 alleging theft of magnet manufacturing trade secrets. The legal battle directly impacts the U.S. strategy to break China's 90% stranglehold on permanent magnet production.
