According to the Vietnam Commodity Exchange (MXV), after 5 consecutive recovery sessions, at the close of last week's trading session, the MXV-Index increased by more than 3.6% to 2,228 points.
Energy commodity market increased sharply. Source: MXV
Buying power completely overwhelmed the energy market. In which, the prices of two crude oil products simultaneously recovered despite concerns surrounding OPEC+'s decision to increase production.
Specifically, Brent oil price stopped at 66.47 USD/barrel, up 5.88% compared to the previous week's close. WTI oil price also recorded a weekly increase of up to 6.23%, reaching 64.58 USD/barrel.
According to experts' analysis, many investors actually expected an even higher production increase, so OPEC+'s decision did not come as a big surprise.
In addition, information about the risk of supply disruption from Canada and Venezuela further increased buying power in the market, contributing to pushing oil prices up.
In addition, last week, S&P Global also released a series of important PMI indexes of the US economy , showing positive signals across the board.
The market for industrial raw materials is mixed between green and red.
Source: MXV
According to MXV, contrary to the general trend of industrial raw materials, the prices of two sugar products continued to extend their decline for the fourth consecutive week due to pressure from oversupply and reduced consumption globally.
Specifically, the price of sugar 11 decreased by 3.28% compared to the closing price of the previous week, down to 363 USD/ton - the lowest level in nearly 4 years, while the price of white sugar decreased by 2.28%, to 465 USD/ton.
According to the global sugar supply and demand report for the 2025-2026 crop year just released by the USDA, the global sugar surplus is expected to more than double to 11.4 million tons compared to the previous crop year.
The increase in supply mainly comes from major sugar producing countries such as Brazil, Thailand, China... Notably, India's sugar output recorded an outstanding growth of 25% thanks to favorable weather conditions and expanded planting area, putting downward pressure on sugar market prices.
Source: https://hanoimoi.vn/dong-tien-quay-lai-thi-truong-hang-hoa-nguyen-lieu-704975.html
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