Huludao Maritime Safety Administration posted a navigation warning on the China MSA website: parts of the Bohai Sea will be closed for military exercises from June 11 22:00 to June 12 05:00, entry prohibited.

June 11 — The Guangzhou futures exchange's most-active polysilicon contract hit the daily limit for the third time this year, settling at 37,710 yuan/ton, up 3,110 yuan/ton (8.99%) from the prior settlement. Market participants cited rumors of PV capacity clearing as the main driver. The draft Energy‑efficiency limit values and grades for crystalline‑silicon PV modules and inverters has entered its final pre-release approval stage and is expected to be published shortly, sources said.

Shipping intelligence firm KPLER said about 96 mln barrels of non-Iran crude have been exported via the Strait of Hormuz or the Gulf of Oman since early May; including cargoes still loading, total exports exceed 100 mln barrels, broadly consistent with Trump's claim that more than 100 mln barrels entered global markets in the period.