1. According to data from the Shanghai Shipping Exchange, as of June 12, the Shanghai Export Container Freight Index (Comprehensive Index) was 2985.22 points, up 258.74 points compared to the previous period. The China Export Container Freight Index was 1480.11 points, up 4.9% compared to the previous period.
2. On June 12, coking coal prices in Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao, Tai'an, and Linyi in Shandong Province are planned to increase. Wet-quenched coking coal will increase by 50 yuan/ton, and dry-quenched coking coal by 55 yuan/ton, effective from 00:00 on June 15.
3. According to the Dalian Commodity Exchange (DCE), during the Dragon Boat Festival holiday in 2026, the daily price limits and margin levels for all futures contracts will remain unchanged. All member units are requested to strengthen risk warnings to their clients, enhance market risk prevention, and ensure the smooth operation of the market.
4. According to data from SteelHome e-commerce, the total urban inventory this week was 9.7697 million tons, a decrease of 87,900 tons (-0.89%) compared to last week. The total inventory of construction steel this week was 5.4751 million tons, a decrease of 28,900 tons (-0.53%) compared to last week; the total inventory of hot-rolled coil this week was 2.1896 million tons, a decrease of 54,000 tons (-2.41%) compared to last week.
5. As of the week ending June 12, the profit for self-bred and self-raised pig farming was a loss of 349.83 yuan/head, compared to a loss of 343.8 yuan/head on June 5. The profit for purchasing piglets was a loss of 333.8 yuan/head, compared to a loss of 305.7 yuan/head on June 5.
6. According to data released by shipping survey agency SGS, Malaysia's palm oil exports from June 1-10 are expected to be 361,256 tons, an increase of 39.01% compared to the 259,869 tons exported in the same period last month. 7. According to a price document seen by Reuters last Friday, Kuwait has significantly lowered its official selling price (OSP) for July crude oil exports to Asia, setting it at a premium of $5.25 per barrel over the average Oman/Dubai quote, down $7.50 per barrel from the previous month. Kuwait also lowered its OSP for July extra-light crude oil by $7.50 per barrel, maintaining the premium of $5.25 per barrel over the Oman/Dubai quote.
8. Data from the Shanghai Futures Exchange shows that last week, copper inventories increased by 18,735 tons, aluminum by 4,394 tons, zinc by 1,035 tons, lead by 3,023 tons, nickel by 6,704 tons, and tin by 2,287 tons.
9. On June 12th, the United Nations Conference on Trade and Development (UNCTAD) released its "June Global Trade Update Report," showing that global lithium demand is projected to grow by 353% and graphite demand by 131% between 2024 and 2040. Clean technologies are expected to capture a larger share of demand. The share of lithium demand is projected to rise from 62% in 2024 to 87% in 2040.
