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Contrary to the usual rainy-season decline, Chinese egg prices have risen since mid-April. The main 2607 egg futures contract rallied to 4,485 yuan/500 kg on June 4, the highest since late July 2024, while national wholesale spot prices are over 30%

2026-06-06

Contrary to the usual rainy-season decline, Chinese egg prices have risen since mid-April. The main 2607 egg futures contract rallied to 4,485 yuan/500 kg on June 4, the highest since late July 2024, while national wholesale spot prices are over 30% above April 9. Market participants cite 2025 industry losses driving capacity withdrawal, low inventories, festival restocking and speculative fund flows as the primary drivers. In the near term supply tightness is unlikely to fully reverse and prices may remain elevated, though upside Volatility at high levels is a growing risk.

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2026-06-06

Iran deputy foreign minister Gharibabadi said the IAEA must avoid turning technical reports into instruments of political pressure if it wants to be part of a diplomatic solution.

Iran deputy foreign minister Gharibabadi said the IAEA must avoid turning technical reports into instruments of political pressure if it wants to be part of a diplomatic solution.
2026-06-06

Local time on the 5th, CENTCOM said US forces recently shot down four Iranian one-way attack drones launched toward the Strait of Hormuz. CENTCOM subsequently struck Iranian coastal surveillance radar sites at Goruk and Qeshm Island to guard against

Local time on the 5th, CENTCOM said US forces recently shot down four Iranian one-way attack drones launched toward the Strait of Hormuz. CENTCOM subsequently struck Iranian coastal surveillance radar sites at Goruk and Qeshm Island to guard against further attacks.
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