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German chipmaker Infineon raised its sales forecast for its data‑center business, saying it now expects about €4.0bn in revenue for the fiscal year ending September 2027. The company had previously guided €2.5bn for AI data‑center power solutions; th

2026-11-10

German chipmaker Infineon raised its sales forecast for its data‑center business, saying it now expects about €4.0bn in revenue for the fiscal year ending September 2027. The company had previously guided €2.5bn for AI data‑center power solutions; the new figure includes roughly €0.5bn from traditional data centers. CEO Hanebeck said Infineon expects significant revenue and profit growth in fiscal 2027, with power chips for data centers and e‑mobility as the main growth drivers.

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2026-11-10

Refinitiv sources said Ukrainian attacks on Russian refineries since late October has cut Russian refining capacity by about 30%, reducing actual oil processing by roughly 200,000 tons per day.

Refinitiv sources said Ukrainian attacks on Russian refineries since late October has cut Russian refining capacity by about 30%, reducing actual oil processing by roughly 200,000 tons per day.
2026-11-10

1. According to the Shanghai Futures Exchange, the maximum daily opening position for fuel oil futures contracts FU2612 and FU2701 is 800 lots. The maximum daily opening position for petroleum asphalt futures contracts BU2611, BU2612, and BU2701 is a

1. According to the Shanghai Futures Exchange, the maximum daily opening position for fuel oil futures contracts FU2612 and FU2701 is 800 lots. The maximum daily opening position for petroleum asphalt futures contracts BU2611, BU2612, and BU2701 is also 800 lots. 2. According to SMM, global lithium demand is projected to reach approximately 7 million tons of LCE by 2050, an increase of 4.8 million tons from 2.11 million tons in 2026. 3. According to data from the Shanghai Shipping Exchange, as of November 9, 2026, the Shanghai Export Containerized Freight Index (European route) was 2198.66 points, a decrease of 4.6% compared to the previous period. 4. Consulting firm Sovecon stated on Monday that due to disruptions in Black Sea shipping, it has lowered its 2026/27 forecasts for Russian grain and wheat exports to 43.6 million tons and 36 million tons, respectively. 5. The National Cotton Market Monitoring System projects total national cotton production at 7.337 million tons, a year-on-year decrease of 5.3%. Xinjiang's production is projected at 6.966 million tons, a year-on-year decrease of 5.7%. 6. The USDA's weekly crop progress report shows that as of November 8, 2026, the US soybean harvest was 92% complete, below market expectations of 93%, and down from 88% the previous week. The five-year average is 91%. 7. According to Longzhong Information, as of November 9, 2026, the total sample inventory of styrene at Jiangsu ports was 37,600 tons, an increase of 6,900 tons from the previous period (November 2), representing a 22.48% increase. 8. On November 9, Zimbabwe's Ministry of Mines instructed that the January 2027 deadline for local beneficiation be maintained, after which only lithium sulfate exports will be permitted.
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