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1. According to Longzhong Information, as of the week ending July 6, the total commercial inventory of pure benzene at Jiangsu ports fell to 59,800 tons, a decrease of 14,200 tons week-on-week, a drop of nearly 20%. This absolute amount is a sharp decrease of 114,200 tons compared to 174,000 tons in the same period last year, a year-on-year decrease of 65.63%. 2. Sources say Germany plans to establish an emergency natural gas reserve, with a scale of up to 1.5 billion euros, plus operating costs. 3. Monitoring by the National Grain and Oil Information Center shows that as of July 3, 2026, the commercial inventory of the three major domestic oils has increased significantly to 2.18 million tons, an increase of 70,000 tons week-on-week. The national major oil mills imported soybean inventory is 7.7 million tons, an increase of 280,000 tons week-on-week; domestic soybean oil commercial inventory is 1.08 million tons, an increase of 10,000 tons week-on-week; and palm oil is 760,000 tons, an increase of 50,000 tons week-on-week. 4. According to the Ejin Horo Banner Mine Safety Supervision Bureau, the Ejin Horo Banner Haoda Coal Co., Ltd. has been ordered to suspend production for rectification due to safety hazards. 5. Market news: BHP Billiton has received approval to launch a $15 billion copper mine expansion project in Chile. 6. Mysteel satellite data shows that from June 29 to July 5, 2026, the total iron ore inventory at seven major ports in Australia and Brazil reached 14.394 million tons, an increase of 421,000 tons compared to the previous period. Port inventories continue to accumulate, and the current inventory level has risen to a high level for the year. 7. Shanghai Gold Exchange: Agreed to admit Hong Kong Precious Metals Central Clearing System Limited as an international member of the Shanghai Gold Exchange. 8. According to CCTV, the Guangxi Zhuang Autonomous Region Hydrological Center upgraded its flood warning to red at 7:00 AM on the 7th. Riverside areas in Guigang, Nanning, Wuzhou, Qinzhou, Beihai, Fangchenggang, Yulin, and Guilin should strengthen precautions and take timely evacuation measures. 9. According to the Shanghai Securities News, Pan Gongsheng, Governor of the Peoples Bank of China, stated that he supports Hong Kong in launching offshore RMB treasury bond futures and supports Hong Kong in building a comprehensive financial trading platform.JPMorgan Chase raised its price target for Eli Lilly (LLY.N) from $1,300 to $1,400.The yield on Japans 5-year government bonds fell 1.0 basis point to 1.930%.The yield on Japans 20-year government bonds fell 4 basis points to 3.765%, while the yield on Japans 30-year government bonds fell 7 basis points to 4.005%.The yield on Japans 30-year government bonds fell 5 basis points to 4.025%.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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