1. According to foreign media reports, Indonesia's new Minerals and Strategic Commodities Exchange (BMKS) is scheduled to launch on January 1, 2027, as part of President Prabowo Subianto's ambition to expand the country's control over its abundant natural resources.
2. Hebei Iron & Steel Group's initial inquiry for ferrosilicon manganese in September 2026 was 6,000 yuan/ton, with an August price of 5,880 yuan/ton, and a September 2025 price of 6,000 yuan/ton. Ferrosilicon manganese procurement volume is 14,800 tons (excluding 6,000 tons of medium and heavy plates), with August procurement volume at 16,600 tons and September 2025 procurement volume at 17,000 tons.
3. The Shanghai Futures Exchange and the London Metal Exchange (LME) jointly announced that LME Shanghai hot-rolled coil contracts will begin trading on the London Metal Exchange on October 27, 2026.
4. A Reuters poll released its forecast for U.S. soybean production in the USDA's September supply and demand report. Analysts on average expect U.S. soybean production for 2026/27 to be 4.501 billion bushels, with an estimate ranging from 4.393 billion to 4.572 billion bushels. The USDA's August forecast was 4.519 billion bushels.
5. Data released by the U.S. Department of Agriculture (USDA) shows that private exporters reported sales of 340,000 tons of soybeans to China, 182,880 tons of corn to Mexico, and 100,000 tons of soybeans to unknown destinations, all for delivery in 2026/2027.
6. The government of Maharashtra, India's largest sugar-producing state, announced on Wednesday that it has approved sugar mills to begin crushing sugarcane on October 15, two weeks earlier than last year, anticipating a decrease in sugarcane supply.
7. According to Longzhong Information, the total inventory of urea enterprises in China is 1.5629 million tons, a decrease of 112,800 tons from the previous period, a month-on-month decrease of 6.73%. As of September 9, the total methanol port inventory in China was 551,500 tons, a decrease of 96,000 tons from the previous period.
8. The World Gold Council: Global gold ETFs attracted $18 billion in inflows in August, marking the second-largest monthly inflow in history, pushing total assets under management to $615 billion and holdings to a record high of 4,189 tons.
9. According to sources, low water levels in Indonesia have already affected the shipment of some bauxite from the country. If the situation does not improve, it may lead to alumina production disruptions. This situation is expected to continue for the time being.
