1. Traders reported that India's palm oil imports in March fell 18.7% month-on-month to 689,000 tons, a three-month low. Soybean oil imports fell 3% month-on-month to 290,000 tons. Sunflower oil imports surged 36.3% month-on-month to 198,000 tons.
2. To maintain the stable operation of the pork market and better leverage the regulatory role of central reserves, the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance are currently conducting the purchase and storage of frozen pork from central reserves.
3. Attacks on two aluminum smelters in the Gulf region continue to impact the global aluminum market. Analysts predict that if the Middle East conflict continues and the Strait of Hormuz remains closed to navigation, a significant supply-demand gap may emerge in the global aluminum market in 2026.
4. The CME Group raised the margin requirement for some aluminum futures contracts to $5,000. The new rule will take effect after the market closes on April 3rd local time. 5. An investor asked Zhongkuang Resources (002738) on the interactive platform: It is rumored online that Zhongkuang Resources has obtained an export quota for lithium concentrate from Zimbabwe. Is this true? In response, Zhongkuang Resources replied: The company is paying close attention to the relevant policies in Zimbabwe and is maintaining regular communication with the local authorities.
