1. According to the China Iron and Steel Association, in late October, social inventories of five major steel products in 21 cities totaled 9.05 million tons, a decrease of 310,000 tons, or 3.3%, compared to the previous month, continuing a slight decline.
2. According to data from the National Development and Reform Commission, as of October 29, the pig-to-grain price ratio was 5.54, an increase of 5.52% compared to October 22.
3. OPEC Secretary General Heiselm Guess stated on Monday that the organization continues to see positive signs in oil demand and does not expect any unexpected market events.
4. Data from the Chilean National Institute of Statistics and Geology shows that Chile's copper production in September was 456,663 tons, a 7.79% increase month-on-month but a 4.5% decrease year-on-year.
5. According to Mysteel data, from October 27th to November 2nd, 2025, the total arrivals at 47 Chinese ports reached 33.141 million tons, an increase of 12.298 million tons month-on-month; the total arrivals at 45 Chinese ports reached 32.184 million tons, an increase of 11.893 million tons month-on-month; and the total arrivals at the six northern ports reached 15.859 million tons, an increase of 4.9 million tons month-on-month. Global iron ore shipments totaled 32.138 million tons, a decrease of 1.745 million tons month-on-month.
6. According to data from the Southern Peninsula Palm Oil Pressors Association (SPPOMA), from October 1st to 31st, 2025, Malaysian palm oil yield per hectare increased by 4.50% month-on-month, oil extraction rate increased by 0.20% month-on-month, and production increased by 5.55% month-on-month.
7. According to data from the National Development and Reform Commission, as of October 29, the national average ex-farm price of live pigs was 12.53 yuan/kg, up 4.59% from October 22; the price of corn in major wholesale markets was 2.26 yuan/kg, down 0.88% from October 22; and the pig-to-corn price ratio was 5.54, up 5.52% from October 22. Based on current prices and costs, pig farming using the piglet-to-fat method is expected to result in a loss of 192.70 yuan per head. The average price of live pigs increased this week compared to the previous week.
8. According to data released by shipping survey agency SGS, Malaysia's palm oil exports from October 1-31 are estimated at 1,282,036 tons, an increase of 26.54% compared to the 1,013,140 tons exported during the same period last month.
9. Abu Dhabi National Oil Company (ADNOC) CEO Sultan Al Jaber said on Monday that oil demand will remain above 100 million barrels per day after 2040, while also warning of near-term challenges.
10. According to data from the Wood Union, last week, the average daily outflow of coniferous logs from 13 ports in 7 provinces of China was 62,800 cubic meters, a decrease of 2.48% compared to the previous week.
11. According to Longzhong Information, as of November 3, 2025, the total sample inventory of styrene at Jiangsu ports was 179,300 tons, a decrease of 13,700 tons from the previous period, a drop of 7.10%.
12. According to CONAB, the national commodity supply company under the Brazilian Ministry of Agriculture, as of November 1, the soybean planting rate in Brazil was 47.1%, compared to 34.4% last week, 53.3% in the same period last year, and a five-year average of 54.7%.
