深潮TechFlow
深潮TechFlow|Oct 12, 2026 00:01
[Futures News: Coke Price Cuts, Iron Ore Inventory Increase, and Agricultural Product Data Updates] Deep Tide TechFlow reports that on October 12, according to Jin10 Data, the SCFI stood at 3664.11 points, up 1.81 points from the previous period. Xingtai Steel Mill reduced wet quenched coke prices by 100 yuan/ton and dry quenched coke prices by 110 yuan/ton, effective from midnight on October 12. Nationwide, iron ore inventory at 45 ports increased to 164.8022 million tons, while the average daily port clearance volume dropped to 3.411 million tons. In terms of agricultural products, the Ministry of Agriculture and Rural Affairs revised down its forecast for China's soybean production in the 2026/27 season by 590,000 tons to 20.36 million tons. GAPKI predicts Indonesia's crude palm oil production in 2027 will be 51.7 million tons, lower than this year's 53.7 million tons. The Ministry of Commerce clarified that the total sugar import quota for 2027 will be 1.945 million tons, with 70% allocated to state trading. Additionally, Malaysia's Ministry of Finance disclosed that edible oil subsidy expenditures for 2024 to 2025 will amount to 3.886 billion ringgit, exceeding the 3.278 billion ringgit collected from the windfall tax on palm oil during the same period.
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