White House National Economic Council Director Hassett said markets may need to see a few more data prints like today’s.

France's CAC 40 was up 1.00% intraday.

1. According to Mysteel, on July 29th, some steel mills in Shandong province lowered their coking coal purchase price (tamped coking coal) by 55 yuan/ton, while steel mills in Hebei province lowered their coking coal purchase price by 50/55 yuan/ton. 2. An Energy Ministry document shows that Indonesia has increased its 2026 palm oil-based biodiesel quota to 16.75 million kiloliters, an increase from the initially allocated 15.65 million kiloliters. This quota increase aims to implement the country's mandatory blending policy for B50 biodiesel, which was launched earlier this month. 3. According to PanSugar Technology, India's Ministry of Food announced that its August 2026 domestic sugar sales quota is 2.25 million tons, unchanged from the same period last year. 4. According to the Shanghai Securities News, market sources indicate that the Price Supervision and Inspection and Anti-Unfair Competition Bureau of the State Administration for Market Regulation will conduct a price compliance guidance activity for the photovoltaic industry on July 31st, inviting participants including the China Photovoltaic Industry Association and related photovoltaic companies. 5. The Indonesian Nickel Industry Association (FINI) stated on Wednesday that despite the Presidential Office's promise to resolve bottlenecks caused by new rare earth content inspections, exporters are still awaiting the release of approximately 120 inspection reports before resuming shipments. 6. According to statistics from the Silicon Industry Association, domestic polysilicon production in July was approximately 105,100 tons, an increase of 13.13% month-on-month, with a net increase of approximately 12,200 tons. Based on company production schedules, three companies will increase production in August, while another three companies plan to undergo maintenance and reduce operating rates.