Energy:
1. Coal India's output fell by nearly 12% in May.
2. South African government: Gasoline prices will rise by 143 cents per liter in June.
3. Sources say the Volgograd refinery in Russia has ceased operations since the drone attack on May 29.
4. Rosneft: First-quarter oil and gas condensate production was 3.74 million barrels per day, down 0.4% from the previous quarter.
5. Indonesian Statistics Agency: Indonesia exported 7.72 million metric tons of crude oil and refined palm oil, and 114.54 million metric tons of coal between January and April.
6. Three sources say OPEC+ is expected to decide at its meeting on Sunday to increase the July crude oil production quota by 188,000 barrels per day.
7. The Office of the United States Trade Representative proposed a 25% tariff on all imports from Brazil, except for goods already subject to Section 232 national security tariffs. Beef, coffee, certain fruits and nuts, spices, oil, and metal ores will be exempt from punitive tariffs.
Other:
1. Australian wheat production is expected to decline by 26% due to weather and war costs.
2. Indonesian Statistics Agency: Indonesia's rice production is projected to reach 21.95 million tons from January to July.
3. The US adjusts tariffs on aluminum, steel, and copper: the "US component" threshold is lowered to 85%, and agricultural equipment is included in the 15% lower tariff rate.
4. Russian Ministry of Natural Resources: Gold mining is projected to reach 480-500 tons and silver 2800-3000 tons in 2026. The St. Petersburg International Economic Forum will be held from June 3-6.
5. Indian government officials: India has lowered its estimate for urea usage for summer crops from 19.4 million tons to 19 million tons, and its estimate for diammonium phosphate usage from 6.8 million tons to 6.6 million tons.
