# Nickel Rivalry: ShFE Overtakes LME & Iran War Triggers 17% Qatar LNG Export Drop

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/nickel-rivalry-shfe-overtakes-lme-iran-war-triggers-17-qatar-lng-export-drop
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/nickel-rivalry-shfe-overtakes-lme-iran-war-triggers-17-qatar-lng-export-drop.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-05-06T10:33:18+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/Nickel-Rivalry-ShFE-Overtakes-LME--Iran-War-Triggers-17-Qatar-LNG-Export-Drop-e3ive5v
Audio file: https://anchor.fm/s/10747c694/podcast/play/119567999/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-6%2Fcefd8142-1de1-418d-4c63-c70d1024902f.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/nickel-rivalry-shfe-overtakes-lme-iran-war-triggers-17-qatar-lng-export-drop
Duration seconds: 479

## Resource

We analyzes a transformative week in commodities, where the Iran war has forced a 17% cut in Qatari LNG capacity and a radical EU pivot toward domestic drilling. We explore the shifting power dynamics in metals as Shanghai nickel volumes overtake the LME, and examine the "acid buffer" keeping copper smelters afloat despite negative fees. Plus, a deep dive into the $126 oil rally driving palm oil to new heights and the devastating drought cutting Oklahoma's wheat harvest in half. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy

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