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Futures News, May 11th: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes: 1. Pulp futures warehouse receipts: 199,456 tons, an increase of 478 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 15,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 957 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 5,360 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 58,530 tons, unchanged compared to the previous trading day. 6. Petroleum asphalt futures warehouse receipts: 24,200 tons, down 1,800 tons from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 21,790 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,511,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 19,050 tons, down 8,520 tons from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.May 11 - Gold futures fell 1% as oil prices rose amid lack of progress in US-Iran peace talks, fueling concerns about a prolonged disruption and escalating inflation. Soojin Kim, an analyst at MUFG Financial Group, stated, "The market increasingly expects interest rates to rise to address inflation risks associated with high energy prices, which is unfavorable for gold." Meanwhile, "strong US labor market data continues to support market expectations that the Federal Reserve will maintain high interest rates for an extended period."On May 11, local time, Iranian media PressTV reported on social media that within 24 hours, a second US Air Force F-35A Lightning II fighter jet issued an emergency code 7700 while flying over the Gulf of Oman and then diverted to the Zafra Air Base in the United Arab Emirates for an emergency landing. According to Iranian sources on May 10, a US Air Force F-35 fighter jet sent the 7700 emergency code while flying over the Gulf of Oman. This code indicates that the aircraft is in an emergency and urgently needs to land. Subsequently, the aircraft changed course towards the UAE and lowered its altitude.On Monday, May 11, the German DAX 30 index opened up 9.79 points, or 0.04%, at 24,317.21; the UK FTSE 100 index opened up 28.88 points, or 0.28%, at 10,261.95; and the French CAC 40 index opened down 39.52 points, or 0.49%, at 8,073.05. The Stoxx 50 index opened down 8.93 points, or 0.15%, at 5902.60 on Monday, May 11; the Spanish IBEX 35 index opened down 15.82 points, or 0.09%, at 17873.58 on Monday, May 11; and the Italian FTSE MIB index opened down 24.04 points, or 0.05%, at 49265.50 on Monday, May 11.May 11 - According to Japans Ministry of Economy, Trade and Industry, an oil tanker carrying Azerbaijani crude oil is scheduled to arrive at the Negishi Refinery in Yokohama, Kanagawa Prefecture, on May 12. This will be the first shipment of crude oil from Azerbaijan in Central Asia to Japan since the US attack on Iran. The crude oil was reportedly purchased by ENEOS, a major Japanese oil company.

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Sources: Jin10.com