1. Dirjen Minerba, Director General of the Minerals and Coal Department of Indonesia's Ministry of Energy and Mineral Resources, stated that approximately a dozen nickel companies and dozens of coal companies have received approval for the 2026 RKAB

2026-08-21

1. Dirjen Minerba, Director General of the Minerals and Coal Department of Indonesia's Ministry of Energy and Mineral Resources, stated that approximately a dozen nickel companies and dozens of coal companies have received approval for the 2026 RKAB revision. 2. The Shanghai Futures Exchange (SHFE) further expanded the range of tradable products for Qualified Foreign Institutional Investors (QFIIs), adding hot-rolled coil and stainless steel options. The Shanghai International Energy Exchange (INE) further expanded the range of tradable products for QFIIs, adding low-sulfur fuel oil options. 3. According to Mysteel, this week, the approved capacity utilization rate of 523 sample coking coal mines was 68.2%, an increase of 0.7% week-on-week. The average daily output of raw coal was 1.532 million tons, an increase of 16,000 tons week-on-week, and raw coal inventory was 4.08 million tons, an increase of 17,000 tons week-on-week. 4. According to Xinhua News Agency, reporters learned from the Shanxi Provincial Bureau of Statistics on August 20 that Shanxi Province's raw coal output from enterprises above designated size reached 68.933 million tons in July, and the cumulative output of raw coal in the first seven months reached 680.287 million tons. 5. According to AmSpec, an independent Malaysian inspection agency, Malaysia's palm oil exports from August 1st to 20th totaled 807,592 tons, a decrease of 5.52% compared to 854,823 tons exported during the same period last month. 6. Data from shipping survey agency ITS shows that Malaysia's palm oil exports from August 1st to 20th totaled 819,141 tons, a decrease of 13.2% compared to 943,867 tons exported during the same period last month. 7. A report from the Brazilian Institute of Geography and Statistics (IBGE) indicates that Brazil's soybean production this year is estimated at 174.88 million tons, an increase of 5.3% year-on-year. 8. As of August 20th, methanol inventory at East China ports was 382,700 tons, compared to 355,300 tons on August 13th, an increase of 27,400 tons week-on-week. 9. Enterprise Singapore (ESG): For the week ending August 19th, Singapore's fuel oil inventories rose by 1.188 million barrels to a two-week high of 18.423 million barrels. Light distillate fuel inventories fell to a near 5-year low of 10.976 million barrels. Middle distillate fuel inventories fell to a two-week low of 8.274 million barrels. 10. The International Aluminium Institute (IAI) projects global primary aluminum production in July 2026 at 6.16 million tons, compared to 6.267 million tons in the same period last year, with the previous month's figure revised to 5.939 million tons. Average daily primary aluminum production in July was 198,700 tons, compared to a revised 198,000 tons in the previous month. China's primary aluminum production in July is projected to be 3.866 million tons, compared to a revised 3.727 million tons in the previous month. 11. According to CCTV International News, Iran's total daily gasoline production capacity has now recovered to approximately 130 million liters.