National Bureau of Statistics: In late June 2026 versus mid-June, prices for 13 products rose, 34 fell and 3 were unchanged.

Shanghai Shipping Exchange said heavy rain in southern China has kept power-plant daily burn low and the peak electricity season has not arrived, slowing downstream inventory drawdown. Falling coal prices have damped purchases and traders are largely sidelined; northern anchorages have ample waiting tonnage. On July 3 the exchange's China Coastal (bulk) Composite Freight Index closed at 1,037.36, down 6.7% from the prior reading.

Russia launched a large-scale bombardment on Sumy in northern Ukraine, striking an apartment building and a shop and killing three people.