1. According to Mysteel, as of July, there are no signs of accelerated resumption of production at Shanxi coking coal mines. The safety situation remains severe across the country, and the remaining shut-down mines will face significant challenges in resuming production in the short term. Furthermore, operating mines, especially privately owned ones, are commonly reducing personnel and shifts to ensure safe production, making a significant increase in coal output unlikely in the short term.
2. Data released by Indonesia's Statistics Bureau on Wednesday showed that Indonesia exported a total of 8.92 million tons of crude and refined palm oil between January and May 2026.
3. According to foreign media reports, Indonesia's new mandatory 50% biodiesel blending rule officially took effect on Wednesday, requiring a blend of half palm-based diesel and half conventional diesel, i.e., B50. Meanwhile, stakeholders are still awaiting the government's announcement of revised biodiesel quotas.
4. The USDA's monthly oilseed crush report shows that U.S. soybean crush volume in May 2026 is 6.39 million short tons (213.1 million bushels), compared to 6.53 million short tons (218 million bushels) in April 2026 and 6.11 million short tons (204 million bushels) in May 2025.
5. The latest data from the Fujairah Oil Industrial Zone in the UAE shows that as of the week ending June 29, total refined product inventories at the Port of Fujairah were 7.999 million barrels, an increase of 1.153 million barrels from the previous week.
6. According to an announcement from the Guangzhou Futures Exchange, after research and deliberation, it has been decided that, effective from the settlement on July 3, 2026, the daily price fluctuation limit for platinum and palladium futures contracts will be adjusted to 14%, and the trading margin standard will be adjusted to 16%. 7. According to SMM, the JFR union in Moquegua, Peru, has begun a strike, which is expected to cause delays in shipments from mines owned by Quellaveco and Grupo Mexico.
8. According to four industry sources, the London Metal Exchange (LME) is considering relaxing its rules to enhance Hong Kong's status as a metals storage hub.
