The average of ICDX's tin price at the beginning of April was observed to have remained stable above the level of USD 27,000 per ton. Meanwhile, the total volume of Indonesian tin transactions for export destinations in March reached more than 6,500 tonnes, of which 45% of transactions were made through the ICDX.

Starting the week bearish, the COFR crude oil contract price on the Indonesian Commodity and Derivatives Exchange managed to make a significant recovery since mid-week and ended the week with an appreciation of 1.50%

Gold price printed weekly appreciation of 1.07% and The Fed became the "main star"

Still moving back and forth around the same level throughout last week between $ 1730 - $ 1740 benchmark, the GOLDUD contract is broadly still moving on the back of the USD valuation which was busy responding to a number of important headlines from the US, and other developments in global sentiment.

The ICDX's tin price was shown to have increased by 6 percent in a week, supported by several positive catalysts, from the supply side, including bad weather that hit Indonesia as the second-largest tin producer in the world which had an impact on the disruption of tin mining activities at sea.

Pada 11 Maret 2020, Organisasi Kesehatan Dunia mengumumkan bahwa COVID-19 yang pada awal penyebarannya disebut coronavirus disease sebagai pandemi global pertama sejak wabah H1N1 atau flu babi pada tahun 2009 silam

Jika ditanya apa yang menggerakan harga komoditas, tentunya semua akan setuju bahwa itu semua akan kembali ke hukum pasar yakni supply and demand (permintaan dan penawaran). Lantas, untuk komoditi minyak mentah sendiri apa yang dapat mempengaruhi faktor supply and demand tersebut?