1. International shipping giants Maersk and Hapag-Lloyd announced on Monday that they will resume some Suez Canal-transit services under their jointly operated Gemini shipping network. 2. The Dalian Commodity Exchange (DCE) is soliciting public opin

2026-07-07

1. International shipping giants Maersk and Hapag-Lloyd announced on Monday that they will resume some Suez Canal-transit services under their jointly operated Gemini shipping network. 2. The Dalian Commodity Exchange (DCE) is soliciting public opinions on coking coal futures and options contracts. 3. From June 29 to July 5, 2026, the total iron ore arrivals at 47 Chinese ports will be 25.878 million tons, a decrease of 2.916 million tons compared to the previous period. 4. From June 29 to July 5, 2026, global iron ore shipments will total 35.494 million tons, an increase of 2.269 million tons compared to the previous period. 5. According to Mysteel research, the number of vehicles clearing customs at the Gantimaodu border crossing is expected to gradually decrease to below 600 this week. Current inventory at the Gantimaodu border crossing is 4.3491 million tons, and is expected to decrease to around 3.3 million tons after the Naadam Festival. 6. Last Friday, major coking plants initiated the tenth round of price increases for coke, effective July 6th. As of now, major steel mills have not responded. Meanwhile, chemical coke prices in Northwest China have decreased by 30-50 yuan/ton, effective from 00:00 on July 6th. 7. According to Mutian Technology, sugarcane in Guangxi has been hit by both wind and flooding. The Liuzhou sugar mill reports that the extent of damage is still being assessed, estimated to be around 40%. 8. According to the Zhengzhou Commodity Exchange, after research, it has been decided to adjust the premium/discount for soda ash futures delivery areas as follows: the premium/discount for Anhui Province will be adjusted from 0 yuan/ton to a premium of 30 yuan/ton, effective from the soda ash futures contract 2708. 9. According to Longzhong Information, this week, the total inventory of domestic soda ash manufacturers was 1.7478 million tons, an increase of 17,800 tons from last Thursday, a rise of 1.03%. 10. From June 29th to July 5th, 2026, the total shipment of Australian lithium concentrate to China was 0 tons, a decrease of 114,000 tons compared to the previous week.