1. According to the steel and silver e-commerce data, the total urban inventory this week was 8.8774 million tons, an increase of 98,700 tons (+1.12%) from last week, including 39 cities and a total of 146 warehouses.
2. The latest data released by the General Administration of Customs of Mongolia shows that in the first six months, Mongolia exported 28.057 million tons of coal to China, a year-on-year increase of 293.51%, accounting for 99% of Mongolia’s total coal exports. In June, Mongolia’s coal exports all went to China for the second consecutive month.
3. According to Mysteel’s survey of major oil plants across the country, in the 27th week (July 1st to July 7th), the actual soybean crushing volume of 111 oil plants was 1.5202 million tons, which was 1.6096 million tons before, and the operating rate was 51.09% %, previously 54.09%.
4. According to data from the Southern Peninsula Palm Oil Crusher Association (SPPOMA), from July 1 to 5, 2023, Malaysia’s palm oil yield per unit will increase by 45.83%, the oil yield will decrease by 0.27%, and the output will increase by 43.75%.
5. DCE stated that starting from the trading hours on July 17, 2023 (that is, the night trading session on July 14), the maximum order quantity for soybean meal option trading orders will be adjusted to 1,000 lots each time, and the maximum order quantity for corn option trading orders will be adjusted to 1,000 lots each time. The maximum order quantity is adjusted to 2000 lots.
6. The latest forecast of the Food and Agriculture Organization of the United Nations for global grain production in 2023 was raised by 5.9 million tons (0.2%) month-on-month to 2.819 billion tons in July, an increase of 1.1% year-on-year and a record high.
7. According to Wind data, as of July 6, the methanol inventory in East China ports was 540,500 tons, and on June 29 it was 517,500 tons, an increase of 23,000 tons from the previous month.
