1. A spokesperson for the Indonesian president stated that Indonesia's planned "Minerals and Strategic Commodities" exchange is expected to cover palm oil, nickel, and coal, and is scheduled to officially launch on January 1st next year. 2. BHP Bill

2026-08-19

1. A spokesperson for the Indonesian president stated that Indonesia's planned "Minerals and Strategic Commodities" exchange is expected to cover palm oil, nickel, and coal, and is scheduled to officially launch on January 1st next year. 2. BHP Billiton, in conjunction with port unions, stated that the two sides failed to reach an agreement on wage terms for workers at the Port of Hedland in Western Australia, and negotiations are expected to resume on August 25th. 3. According to Mysteel, coking coal prices in Xingtai market are planned to increase, with wet-quenched coking coal prices rising by 50 yuan/ton and dry-quenched coking coal prices by 55 yuan/ton, effective from 00:00 on August 20th. 4. Data released by the National Grain and Material Reserves Data Center shows that oil mills are expected to maintain high operating rates in the second half of the month, and soybean meal inventories at oil mills may rise to around 1.2 million tons by the end of the month. 5. Pro Farmer, a subsidiary of Farm Futures magazine, predicts that the average number of soybean pods in South Dakota in 2026 will be 945.98, and the average number of soybean pods in Ohio will be 1197.25. 6. According to data from the National Development and Reform Commission's Price Monitoring Center and Zhuochuang Information, as of the week ending August 12, the national average ex-farm price of live pigs was 10.90 yuan/kg, a 2.06% increase compared to the previous week. 7. India, the world's second-largest sugar producer, is considering lowering import tariffs on sugar to curb domestic sugar prices, which have recently surged to record highs. 8. According to Longzhong Information, Tianjin Yaopi Glass Co., Ltd.'s second production line, with a designed capacity of 600 tons/day, and Shanxi Qingchun Glass Co., Ltd.'s second production line, both with a designed capacity of 600 tons/day, resumed production on the 18th. 9. According to a related statement, Iraq has approved a three-month crude oil export mechanism starting September 1, allowing local and international companies to export crude oil. 10. According to Mysteel, a major silicon producer in the Northwest industrial region has confirmed a production halt on August 22, resulting in a reduction in overall supply. Production in the Southwest region remains stable overall.