Indian government officials: India has revised down its estimated urea usage for summer-sown crops from 19.4 million tons to 19 million tons, and has lowered the estimated diammonium phosphate usage from 6.8 million tons to 6.6 million tons.

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.