1. According to data from Zhaogang.com, as of the week ending November 19th, national construction material output reached 4.4629 million tons, an increase of 100,300 tons from the previous week; total inventory was 9.0549 million tons, a decrease of 490,500 tons from the previous week; apparent demand was 4.9534 million tons, an increase of 289,100 tons from the previous week.
2. Chitianhua announced that on November 19th, it received approval from the Tongzi County Safety Production Committee to remove the "major accident hazard" designation from the Guizhou Anjia Mining Co., Ltd. list, and Anjia Mining has resumed production.
3. A report from consulting firm Safras & Mercado shows that due to irregular rainfall in some regions, the latest estimate for Brazil's 2025/26 soybean production is 178.76 million tons, a downward revision of more than 2 million tons from the September forecast.
4. S&P Global Energy, in a report to clients, stated that it expects U.S. corn acreage to decrease by 3.8% in 2026 compared to 2025, while soybean acreage will increase by 4%. The company projects U.S. corn acreage to reach 95 million acres in 2026, a decrease of 3.7 million acres from 2025; and soybean acreage to reach 84.5 million acres, an increase of 3.4 million acres year-on-year.
5. According to data from Longzhong Information, as of November 19, 2025, total methanol port inventory in China was 1.4793 million tons, a decrease of 64,300 tons from the previous period. Specifically, inventory decreased in East China by 38,600 tons, and in South China by 25,700 tons.
6. According to SMM, PT Alamtri Minerals Indonesia confirmed that its new aluminum plant in North Kalimantan is scheduled to begin trial operations in mid-December this year. This project is a flagship initiative in Indonesia's strategy to localize resource processing, aiming to transform abundant bauxite resources into higher value-added aluminum products.
7. According to foreign media reports, Chile's National Copper Commission (Cochilco) on Wednesday raised its 2025 average copper price forecast to $4.45 per pound from $4.30 per pound. Cochilco also raised its 2026 price forecast to $4.55 per pound, up from the previous forecast of $4.30 per pound.
8. Brazil's National Grain Exporters Association (ANEC) expects Brazilian soybean exports to reach 4.71 million tons in November, higher than the previous week's forecast of 4.26 million tons. Corn exports are expected to reach 6.36 million tons, higher than the previous week's forecast of 6.04 million tons.
