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Silver futures fell 7.28% consecutively, RSS 20 rubber futures fell 7.22% consecutively, palladium futures fell 5.78% consecutively, lithium carbonate futures fell 5.54% consecutively, and platinum futures fell 5.47% consecutively.

Glonghui June 25｜Japanese market NAND storage supplier Kioxia closed up 12.27% at 103,850 yen, up 895% so far this year, with a latest market value of 56.7 trillion yen, making it the largest listed company in Japan. According to reports, Kioxia plans to issue American Depositary Shares in the spring of 2027 to seize the global semiconductor demand surge driven by the artificial intelligence trend. At the company's annual shareholders' meeting, Chief Financial Officer Yoshihiko Kawamura stated that Kioxia plans to enter the US market after the end of the current fiscal year at the end of March. "Our target timing is the beginning of the next fiscal year, around April, May, or June," said Yoshihiko Kawamura, "This is extremely important for the company because it will establish a direct connection with the US market, and we will make every effort to ensure its success."

⑴ UK natural gas prices have fallen to around 97 pence per therm, approaching their lowest level in over two months, as signs of normalization in shipping activity through the Strait of Hormuz emerged following progress in peace talks between the US and Iran. Earlier this week, three stranded very large crude carriers successfully passed through the waterway, and in recent weeks, several empty Qatari LNG vessels have entered the Gulf region for reloads—indicating that natural gas transport could resume. ⑵ In addition, Qatar's Prime Minister stated that, except for damaged facilities, LNG production is expected to return to normal within weeks. The prospect of resuming LNG flows in the Gulf region has alleviated supply shortage concerns and may help Europe replenish inventories ahead of next winter. ⑶ These developments offset the support from strong power sector demand amid hot European weather and low wind speeds.