At the invitation of Uzbekistan PM Aripov, CHINA'S LI will make an official visit to Uzbekistan Oct 17-18. At the invitation of Tajikistan PM Rasulzoda, CHINA'S LI will visit Tajikistan Oct 18-20 and attend the 25th meeting of the Shanghai Cooperatio

Bank of America CEO Moynihan: We are not concerned about our relationship with the Trump administration.

1. CCTV News reported that, according to customs statistics, China's imports and exports reached 5.16 trillion yuan in September, exceeding 5 trillion yuan for the first time, representing a 27.5% increase. 2. Data from the National Bureau of Statistics shows that in September 2026, the national consumer price index (CPI) rose 0.9% year-on-year and 0.2% month-on-month; the national producer price index (PPI) rose 5.0% year-on-year and 1.2% month-on-month. 3. The Ministry of Commerce announced that the total import tariff quota for fertilizers in 2027 will be 13.65 million tons. This includes 3.3 million tons of urea, 6.9 million tons of diammonium phosphate, and 3.45 million tons of compound fertilizer. 4. The Indonesian Nickel Smelters Association (FINI) stated on Wednesday that Indonesia's nickel production in 2026 is expected to decline by up to 4% year-on-year due to tight supplies of some raw materials, a shift in production to other metals, and the impact of drought. 5. Wang Qingfeng, Director of the Shaanxi Provincial Development and Reform Commission, and Yang Yang, Deputy Director and Director of the Shaanxi Provincial Energy Bureau, visited Shaanxi Coal Group's Huangling Mining and Pubai Mining Companies to conduct research on stable coal production and supply, intelligent coal mine construction, and the transformation and upgrading of traditional industries. 6. Hebei Iron & Steel's October ferrosilicon tender inquiries were priced at 6150 yuan/ton, compared to a September price of 6340 yuan/ton. The October tender quantity for Hebei Iron & Steel's 75B ferrosilicon is 4233 tons (including 900 tons of Tangshan medium and heavy plates), an increase of 429 tons from the previous round of tenders (3804 tons). 7. Data released by the U.S. Department of Agriculture (USDA) shows that private exporters reported sales of 470,000 tons of soybeans to China, to be delivered in the 2026/2027 marketing year. 8. The weekly forecast released by the Brazilian National Grain Exporters Association (Anec) shows that Brazil's soybean exports in October are expected to reach 6.55 million tons, compared to the previous week's estimate of 6.18 million tons. 9. The latest data from the Fujairah Oil Industrial Zone (FOIZ) in the UAE shows that as of the week ending October 12, total refined product inventories at the port of Fujairah were 6.825 million barrels, a decrease of 749,000 barrels from the previous week. 10. The IEA monthly report projects that global oil supply will be 1.73 million barrels per day lower than demand in 2026 (previously projected to be 1.74 million barrels per day lower). 11. Data released by the International Copper Study Group (ICSG) shows that supply and demand balance forecasts indicate a global refined copper market surplus of approximately 104,000 tons in 2026, expanding to approximately 368,000 tons in 2027. 12. According to Reuters, the union of supervisors at BHP's Escondida mine in Chile said it has restarted negotiations with the mine to avoid a strike.