• Recent geopolitical events have dictated global commodities prices in recent weak. Global commodities prices rallied 26% YTD amidst volatility on the back of strong global demand and concerns of supply shortages.

• SGX 10 most traded Energy, Materials & Resources plays saw combined daily turnover YTD jump 173% as compared to the whole of 2021.

• The 10 most actively traded names YTD averaged a price gain of +26.8% YTD, outperforming STI’s +6.6%. These 10 stocks can be bucketed into the following: Oil Exploration & Producers, Coal Miners, Chemical Manufacturers, Gold Production, Iron ore concentrate Production, and Cement Production.

Recent geopolitical events have dictated global commodities prices in recent weeks.

While commodities prices have been volatile recently, commodities have been one of the best-performing asset class globally as concerns of supply shortages amidst strong global demand impacted. Some of the key notable top-performers include Wheat, Oil, Palladium, Gold and Nickel.

As seen from Refinitiv/CoreCommodity CRB® Index, which tracks 19 major commodities globally, commodities prices hit a year-high return of +33.1% in early March, declined 9.2% a week later but rebounded 4.2% and has now returned 25.8% in the year to date.

Source: Refinitiv Eikon. Refinitiv/CoreCommodity CRB® Index Total Return

The Refinitiv/CoreCommodity CRB® Index is based on Exchange Traded Futures. The Index represents 19 commodities, grouped by liquidity into 4 groups. Petroleum products capped at 33%, other 3 groups equal weighted

SGX Listed Energy, Materials & Resources Stocks in Focus

SGX most traded Energy, Materials & Resources plays have moved in tandem with global commodities prices in recent weeks. In the year-to-date, the most actively traded stocks come from sub-segments including chemicals, coals, gold, iron ore, and oil.

The top 10 actively traded stocks in these segments saw a combined daily turnover of S$29.8mil, increasing 173% as compared to CY2021 overall daily turnover of S$17.2mil. In 2022 YTD, the average price gains of these 10 stocks are at +26.8%, outperforming STI’s +6.6%. Amongst the 10, only China Sunsine Chemical (-4.1%) and International Cement Group (-3.6%) have seen negative returns YTD.

Most of these names saw net institutional inflows YTD, with the exception from Rex International (-S$3.6mil), China Sunsine Chemical (-S$1.6mil), and Interra Resources (-S$0.4mil).

The top 10 actively traded Energy, Materials & Resources plays on SGX are bucketed into the following:

• Oil Exploration and Production Plays: Rex International (SGX:5WH), RH PetroGas (SGX:T13), Interra Resource (SGX:5GI)
• Coal miners: Golden Energy & Resources (SGX:AUE), Geo Energy Resources (SGX:RE4)
• Chemicals manufacturers: China Sunsine Chemical (SGX:QES), Jiutian Chemical (SGX:C8R)
• Gold producer: CNMC Goldmine (SGX:5TP)
• Iron ore concentrate producer: Fortress Minerals (SGX:OAJ)
• Cement producer: International Cement Group (SGX:KUO)

Source: SGX, Refinitiv (Data as of 18 March 2022).