1. As of the week ending May 27th, according to data from Zhaogang.com, national construction material output was 4.9709 million tons, an increase of 70,000 tons from the previous week; mill inventory was 4.9444 million tons, a decrease of 130,800 tons from the previous week; social inventory was 6.1923 million tons, a decrease of 94,400 tons from the previous week; total inventory was 11.1367 million tons, a decrease of 250,200 tons from the previous week; apparent demand was 5.2211 million tons, an increase of 194,400 tons from the previous week.
2. According to the latest survey results from Mysteel on May 27th: Since May 23rd, a total of 129 coal mines in Shanxi Province have suspended production (excluding previously suspended mines). Of these, 16 mines have resumed production (4 in Linfen and 12 in Lüliang), with a total capacity of 20.7 million tons; 113 mines remain suspended, with a total capacity of 125 million tons, affecting daily raw coal production by 328,400 tons.
3. The Cotton Association of India (CAI) stated that, based on feedback reports received from various states, the cotton planting area for the upcoming 2026 planting season is expected to increase by 7%. Data from the Indian Ministry of Agriculture shows that the cotton planting area for 2025-26 is approximately 11.482 million hectares. CAI projects cotton imports for 2025-26 to be 4.7 million bales, an increase of approximately 15% from the previous year's 4.1 million bales. Cotton exports are projected to remain flat at 1.8 million bales.
4. The latest data released by the Brazilian Sugarcane Industry Association (UNICA) shows that sugar production in Brazil's main sugar belt in south-central Brazil reached 1.8 million tons in the second half of April. Sugarcane crushing volume reached 40.062 million tons in the second half of April. Total ethanol production reached 2.039 billion liters. During this period, sugar mills used 40.34% of their sugarcane for sugar production.
5. The Brazilian National Grain Exporters Association (Anec) predicts that Brazil's soybean exports in May will reach 15.9 million tons, lower than the previous week's forecast of 16.1 million tons. Brazil's soybean meal exports in May are projected at 2.6 million tons, lower than the 2.8 million tons forecast the previous week.
6. Latest data from the Fujairah oil industrial zone in the UAE shows that as of the week ending May 25, total refined product inventories at the port of Fujairah were 5.519 million barrels, a decrease of 1.074 million barrels from the previous week. Specifically, light distillate inventories decreased by 138,000 barrels to 2.358 million barrels; middle distillate inventories decreased by 67,000 barrels to 1.122 million barrels; and heavy residual fuel oil inventories decreased by 869,000 barrels to 2.039 million barrels.
7. Data released by the Petroleum Institute of Japan (PAJ) on Wednesday showed that as of the week ending May 23, Japan's commercial crude oil inventories were 9.4797 million kiloliters, an increase of 489,137 kiloliters from the previous week's 8.9906 million kiloliters.
8. According to statistics from the China Silicon Industry Association, domestic polysilicon production in May was approximately 84,500 tons, a 2.4% increase month-on-month. The industry's average operating rate remained at a low level of 35.5%. Based on company production plans, four companies are expected to increase production in June, slightly raising monthly polysilicon output to around 90,000 tons.
9. According to China News Network, the Kims Rubber rubber factory in Cambodia, invested and constructed by a Chinese company, was officially put into operation on the 27th in Tbong Khmum Province, Cambodia. The factory represents an investment of approximately US$30 million, covering an area of nearly 15 hectares, with an annual rubber processing capacity of 100,000 tons. After the project goes into operation, it will directly provide 300 jobs locally and indirectly create more than 50,000 jobs.
