1. Maersk points out that global supply chains are facing structural fluctuations driven by factors such as geopolitics, shifting trade flows, and climate dynamics. Latin America faces greater uncertainty in terms of cost, capacity, and service reliability, and climate-sensitive commodities and export flows face higher risks.
2. The Australian Joint Ports Union stated that BHP Billiton employees held five hours of wage negotiations with elected representatives on Tuesday. No agreement was reached in the labor negotiations. Further negotiations with BHP Billiton are scheduled for July 21. BHP Billiton workers plan to continue their strike on July 16.
3. According to Mysteel, satellite data shows that from July 6 to July 12, 2026, the total iron ore inventory at seven major ports in Australia and Brazil was 14.199 million tons, a decrease of 195,000 tons compared to the previous period. Port inventories showed a slight destocking trend, but current inventory levels remain fluctuating within the high range for the year. 4. A new coal mine in Qinyuan County, Changzhi City, has resumed production, with a approved capacity of 2.1 million tons. The coal type is low-sulfur lean coking coal. During the mine's shutdown, it affected raw coal production by approximately 350,000 tons, currently producing about 1,000 tons per day. Production is unlikely to return to normal levels in the short term. This brings the total number of resumed coal mines in the county to two, with a combined approved capacity of 3.6 million tons. No resumption information has been received for the remaining mines.
5. The Solvent Extractors Association (SEA) of India reported on Tuesday that India's palm oil imports in June fell by approximately 11% month-on-month to 487,846 tons; soybean oil imports fell by 23% to 380,815 tons; and sunflower oil imports fell by approximately 18% to 242,870 tons. Total vegetable oil imports fell by 16% to 1.15 million tons.
6. According to July forecast data released by CONAB, the National Supply Company under the Brazilian Ministry of Agriculture, Brazil's soybean production in 2025/26 is projected to reach 180.568 million tons, an increase of 9.0875 million tons, or 5.3%, year-on-year; the soybean planting area is projected to reach 48.6406 million hectares, an increase of 1.2945 million hectares, or 2.7%, year-on-year.
7. Data from the Brazilian National Grain Exporters Association (Anec) shows that Brazil's soybean, soybean meal, and corn exports in July are expected to exceed previous expectations. Brazil's soybean exports in July are projected at 13.76 million tons, higher than the previous week's estimate of 12.26 million tons. After this adjustment, Anec expects soybean exports to increase by 1.8 million tons compared to the same period last year.
8. According to Longzhong Information, as of the week ending July 13, the total commercial inventory of pure benzene at Jiangsu ports was 56,800 tons, a decrease of 3,000 tons, or 5.02%, compared to the previous week. Thus far, Jiangsu's benzene port inventory has declined for 20 consecutive weeks, with a cumulative reduction of over 70%, and the absolute inventory of 56,800 tons has once again hit a record low.
