1. The second round of price reductions for coking coal took effect yesterday, with steel mills in Hebei and Shandong provinces lowering their coking coal purchase prices by 100/110 yuan/ton and 110/110 yuan/ton respectively.
2. MPOB data shows that Malaysian palm oil stocks in September reached 3.5109 million tons, an increase of 24.54% month-on-month.
3. Bank of America predicts that gold prices will reach $4,000/ounce in the fourth quarter of 2026 and expects the average gold price for the whole of 2027 to reach $4,813/ounce.
4. The Silver Institute and Metals Focus's "World Silver Survey" predicts that the silver market will record its sixth consecutive year of annual supply shortage this year.
5. According to data from the Shanghai Shipping Exchange, as of October 12, 2026, the Shanghai Export Containerized Freight Index (Europe route) was 2264.82 points, a decrease of 6.1% compared to the previous period.
6. Leaders from 13 steel companies analyzed the industry situation. Ding Liguo, Chairman of Delong Steel Industry Group, pointed out that the weak demand for steel is expected to continue for some time, and suggested that steel companies increase production cuts to adapt to changes in demand.
7. According to data released by the Malaysian Palm Oil Association (MPOA), Malaysian palm oil production in September increased by 19.07% compared to August.
8. According to Longzhong Information, as of October 12, 2026, the total inventory of soda ash manufacturers in China was 1.7102 million tons, a decrease of 68,500 tons from the previous week, a drop of 3.85%.
9. According to pricing documents, Qatar set its November official selling price (OSP) for marine crude oil at a discount of $8 per barrel to the Oman/Dubai benchmark price, and its official selling price for onshore crude oil at a discount of $7.50 per barrel.
10. According to Mystee data, Chinese polysilicon production in September was 114,000 tons, an increase of 0.35% month-on-month and a decrease of 15.24% year-on-year. Polysilicon production is projected to reach 98,100 tons in October, a 13.95% decrease month-on-month.
11. The Silver Institute and Metals Focus's "World Silver Survey" predicts that the silver market will record its sixth consecutive year of annual supply shortage.
