Citigroup CEO Frazier: We will face challenges of supply chain shortages and more persistent inflation.

[Exclusive Article for Futures Market Monitoring Tool] CBOT Agricultural Products Evening Analysis: Export Sales Plunge to Annual Low, How Did US Soybeans Rebound? Click to Read.

Energy: 1. South Korea announces extension of oil stockpiling ban until July. 2. Malaysian mining output fell 6.5% year-on-year in March. 3. Abnormal trading in the oil market ahead of major announcements related to the war with Iran by US judicial authorities. 4. US Energy Secretary Wright: It appears Iran has reduced production by 400,000 barrels per day. 5. Market news: Freeport-McMoRan Indonesia postpones the full restart of its Glasgow copper mine by one year. 6. It is reported that total bets on oil prices reached $7 billion before the announcement of the war with Iran, far exceeding previous reports. 7. International Energy Agency Executive Director Birol: The International Energy Agency has only released about 20% of its total oil reserves to date, but is "prepared to act again" if necessary. Precious Metals and Mining: 1. The People's Bank of China increases its gold holdings for the 18th consecutive month. 2. After a nine-year hiatus, the Hong Kong Stock Exchange plans to launch gold futures in the coming months. 3. Indonesian government: The Indonesian and Philippine Nickel Associations sign a memorandum of understanding on nickel cooperation. 4. World Gold Council: Global gold ETFs saw net inflows in April, with Asia experiencing its eighth consecutive month of net inflows. 5. Polish Central Bank Governor: Poland currently holds 595 tons of gold reserves and will continue to increase its holdings, targeting 700 tons. 6. Brazilian government data shows that Brazil's iron ore exports reached 34.57 million tons in April, compared to 30.07 million tons in the same period last year. Other: 1. A US court ruled that Trump's 10% tariffs were invalid, but this ruling is not universally applicable. 2. Sources: Iranian officials are expected to formally respond to the US assessment of the 14-point proposal today. 3. Brazil's National Association of Grain Exporters (ANEC) predicts that Brazil's soybean meal exports will reach 2.56 million tons in May, compared to 2.12 million tons in the same period last year. 4. Hot friction between the US and Iran: Iran claims that the US attacked oil tankers and conducted airstrikes on coastal areas. Iran shot down a "hostile aircraft" and struck three US destroyers. Iranian media indicated that the UAE may be involved in "hostile actions." US officials said that the US military carried out strikes on Iranian ports, but this does not mean the resumption of war or the end of the ceasefire agreement, and there is no intention to escalate the situation.