Energy: 1. Bharat Oil Corporation, India: Gasoline sales in May increased by 4.29% year-on-year, and diesel sales increased by 6.72%. 2. Indonesian Ministry of Mines: Coal production from January to April was 234 million metric tons, and exports we

2026-06-04

Energy: 1. Bharat Oil Corporation, India: Gasoline sales in May increased by 4.29% year-on-year, and diesel sales increased by 6.72%. 2. Indonesian Ministry of Mines: Coal production from January to April was 234 million metric tons, and exports were 150.9 million metric tons. Nickel-iron production from January to April was 198,970 metric tons. 3. US EIA Strategic Petroleum Reserves for the week ending May 29 were at their lowest level since the week ending January 19, 2024. Crude oil inventories saw their largest decline since the week ending February 13, 2026. Precious Metals and Mining: 1. Russia released its first gold mining assessment in many years, with figures far exceeding expectations. 2. Indonesian Ministry of Mines: Copper concentrate production from January to April was 422,510 metric tons, and cathode copper production was 83,280 metric tons. 3. Polish Central Bank Governor Grapinski: Poland's gold reserves rose to 613 tons. Poland confirms its gold reserve target of 700 tons. 4. ANZ Bank: Copper prices are expected to remain above $13,500 per ton in 2026, rising to $14,000 per ton by year-end. Agriculture: 1. New World spiral fly cases may be detected in the US, potentially threatening beef cattle farming. 2. Vietnam's Statistics Bureau: Rice exports increased by 19.3% in May, reaching 925,000 tons. 3. As of May 26, Russian farmers had planted approximately 7.1 million hectares of wheat, a 12% decrease compared to last year. 4. Vietnam's Ministry of Trade: Anti-dumping duties on certain sugar products imported from Thailand will be extended to 2031.