1. Data from the Shanghai Shipping Exchange shows that as of August 28, the Shanghai Containerized Freight Index (SCFI) was 3509.54 points, up 99.91 points from the previous period.
2. On August 29 local time, the Ecuadorian government declared a national red alert to address the potential impact of El Niño.
3. Data from the China Coal Transportation and Marketing Association shows that as of August 20, the inventory of 30 key monitored coking coal enterprises was 1.42 million tons, a decrease of 310,000 tons, or 18%, compared to the same period last year.
4. Shanxi Coking Coal stated at its earnings conference that the impact of shut-down mines on production was limited. Currently, almost all of the company's mines have resumed normal production.
5. Industry estimates suggest that due to the expected severe El Niño weather in the coming months, Indonesia's palm oil production next year may decrease by up to 3 million tons, further increasing upward pressure on prices.
6. As of the week ending August 28, the profit for self-bred and self-raised pigs was a loss of RMB 167.31 per head, while the profit for purchased piglets was a loss of RMB 38.75 per head.
7. Three sources directly involved in quarterly pricing negotiations indicated that a global aluminum producer offered Japanese buyers a premium of $310 per metric ton for primary aluminum shipments from October to December, a 22% decrease from the previous quarter.
8. Data from the Shanghai Futures Exchange shows that last week, copper inventories decreased by 17,120 tons, aluminum inventories decreased by 12,299 tons, zinc inventories decreased by 2,285 tons, lead inventories decreased by 1,914 tons, nickel inventories decreased by 150 tons, and tin inventories increased by 363 tons.
9. According to Mysteel, some steel mills in Xingtai and major steel mills in Tangshan have raised coking coal prices, effective at midnight on August 31, 2026.
