1. According to data from the Shanghai Shipping Exchange, as of May 25, 2026, the Shanghai Export Containerized Freight Index (Europe route) was 1863.74 points, up 9.0% compared to the previous period.
2. From May 18 to May 24, 2026, Mysteel's global iron ore shipments totaled 38.024 million tons, an increase of 5.969 million tons compared to the previous period. Shipments of Australian and Brazilian iron ore totaled 31.327 million tons, an increase of 5.596 million tons compared to the previous period.
3. Major steel mills in the Tangshan market and some steel mills in the Xingtai area plan to raise prices for wet-quenched coke by 50 yuan/ton and dry-quenched coke by 55 yuan/ton, effective at midnight on May 26, 2026.
4. According to Mysteel statistics, the safety situation in Shanxi's coal mines continued to escalate this week. As of the morning of May 25th, the latest survey results show that the number of coking coal mines in Shanxi that have suspended production has risen to 109, with a total capacity of 122 million tons, affecting daily raw coal production by 319,500 tons.
5. Recently, the cost of imported US soybeans in my country remains high. On May 22nd, the CNF price for July shipment of US soybeans in my country was $538/ton, $40/ton higher than Brazilian soybeans and $45/ton higher than Argentine soybeans.
6. According to data released by the Malaysian Palm Oil Association (MPOA), Malaysian palm oil production from May 1st to 20th is estimated to have decreased by 2.19%. Specifically, production in Peninsular Malaysia decreased by 5.70% month-on-month, Borneo production increased by 2.04% month-on-month, Sabah production decreased by 6.10% month-on-month, and Sarawak production increased by 21.12% month-on-month.
7. According to foreign media reports, data released by the Indonesian Palm Oil Association (GAPKI) on Monday showed that Indonesia's palm oil exports in March totaled 2.17 million tons, a decrease from 2.88 million tons in the same period last year.
8. The National Development and Reform Commission issued a notice from the Ministry of Finance regarding the target price policy for cotton from 2026 to 2028. Based on the principle of production cost plus reasonable profit, and taking into account factors such as the development needs of the cotton industry, market supply and demand, and fiscal affordability, the target price for Xinjiang cotton from 2026 to 2028 is set at 18,600 yuan per ton. Efforts will be made to maintain a reasonable cotton planting scale and optimize the production layout.
9. According to shipping data from Guinea obtained by Aladdin (ALD), shipments in the first three weeks of May were approximately 12 million tons. Based on the decreasing trend, total shipments in May are estimated to be around 16-17 million tons. The expected shipments from 19 Guinean mining companies in June are projected to be 16 million wet tons, a decrease of approximately 5 million tons from the peak of 21 million tons in March.
10. Guinea, the world's largest bauxite producer, plans to announce reforms next month to control exports of this ore used in aluminum production, as it strives to boost market prices.
11. Chile's state-owned copper company, Copper, stated that the earthquake in the Antofagasta region has caused disruptions, with some mining operations under inspection and some activities suspended due to low visibility in open-pit mines or power outages in certain areas. Previously, according to the National Seismological Center of the University of Chile, a 6.9-magnitude earthquake struck the Antofagasta region in northern Chile on the 25th. The Chilean Navy's Hydrographic and Oceanographic Service's tsunami warning department stated that the earthquake would not trigger a tsunami.
