Iran's Islamic Revolutionary Guard Corps said the United States is a terrorist army and that its provocative actions and interference with transit routes would draw a destructive response, severely disrupt the gradual reopening process and threaten the interests of all users of the Strait of Hormuz.

Zhongjin Lingnan unit Zhongjin Technology began production on July 6 at a Ganzhou high‑energy composite metal electroplating project in the Xinyu electroplating centralized control zone, Jiangxi province. The facility uses a continuous localized electroplating process covering pre‑treatment, nickel underplate, masked localized tin plating and post‑treatment; coating thickness tolerance is controlled within ±0.5μm and product performance is benchmarked to industry‑leading levels.

At midday close, China's lead futures contracts were mostly higher. SC crude and fuel oil rose about 4%; low-sulfur fuel oil (LU) gained over 3%. Plastics and monthly-average plastics were up nearly 2%; styrene (EB), pulp and liquefied petroleum gas (LPG) advanced more than 1%. On the downside, lithium carbonate and container freight to Europe fell over 5%; Shanghai silver dropped nearly 3%; cotton and palladium fell more than 2%; rapeseed was down about 2%; cotton yarn and platinum declined just over 1%.