[Insights]: Shanghai, CME and SGX Commodities

This week, we share about trends and insights in certain Shanghai, CME and SGX commodities. Also, we are excited to share that the beta version of MAF Cloud is ready, which you can try for free - scroll down to learn more!

• The price of Shanghai fuel oil in September deviated from the price of Shanghai crude oil in August. However, fuel oil has seen a deep backwardation at 11% from September 2019 to January 2020.

• The correlation between CME Copper and CME AUD stands at 65.94%. Looking at the Correlation Chart, there may be an underlying pattern that can be utilised in your trading strategy?

• The price of SGX 62% Iron Ore is relatively high compared to the price of SGX 65% Iron Ore. Currently, the theoretical price of SGX 62% Iron Ore is 106.08.

• The correlation between CME Soy Bean and CME Soy Bean Oil is at 78.25%. Soy bean prices may be undervalued?

• Looking at the CME Natural Gas October 2019 contract quarterly analysis (2015-2019), the current price is far below the historical average price for the same period. There may be an underlying trading opportunity prevalent?

This week, we have launched our MAF Cloud beta version! MAF Cloud has everything you need to manage your data, quant, and portfolio - all in one platform. MAF Cloud comes equipped with many comprehensive data models, visualisation tools, and smarter analysis & insights – all making your day-to-day management of business risks easier than ever!

Scan the QR code or click here to try our beta version for free today!