Industry News

Daily Futures Market News Express (April 11)


1. Analysis of steel mesh inventory: As of the week of April 10, building materials factory warehouses were 3.852 million tons, a decrease of 443,600 tons from the previous week, a decrease of 10.33%; building materials social warehouses were 7.1695 million tons, a decrease of 232,100 tons, a decrease of 3.14% from the previous week. %; building materials demand was 3.8386 million tons, a week-on-week increase of 22,700 tons.

2. Based on shipping plan data, the Brazilian National Grain Exporters Association (Anec) predicts that Brazilian soybean exports will be 3.6896 million tons from April 7 to April 13, compared with 3.236 million tons last week.

3. An agricultural research institution said that Thailand’s sugarcane production estimate for 2023/2024 has been significantly increased to 82.5 million tons, an increase of 5.5% from the previous estimate, and the estimate range is 67.50-97.5 million tons.

4. According to the last energy announcement, starting from the continuous trading on the evening of April 11, the maximum number of open positions for non-futures company members, overseas special non-brokerage participants, and customers in each contract day of crude oil varieties is 3,200 lots.

5. Yuanxing Energy stated on the interactive platform that according to the company's overall production operation arrangement for 2024, the Alxa trona project will conduct routine maintenance on the boiler devices of the thermal power part one by one in April. The maintenance time will be determined based on the actual situation. During the maintenance process The load on the soda ash plant has been reduced.

6. The World Silver Association predicts that in 2024, driven by the recovery of mined silver production, the total global silver supply will increase by 2% to 3%, reaching more than 31,700 tons; the total silver demand is expected to increase by 1%, reaching more than 36,700 tons; supply and demand The gap will remain high, reaching around 5,000 tons.

7. According to data from shipping survey agency ITS, Malaysia’s palm oil exports from April 1 to 10 were 431,190 tons, an increase of 12.7% from the same period last month.

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