1. Shanghai Gold Exchange: Recently, numerous factors have contributed to market instability. To mitigate potential risks from market fluctuations, all member units are requested to continue developing risk contingency plans, maintain stable market operations, and promptly implement corresponding risk control measures. Investors are advised to take precautions against risks, rationally manage their positions, invest prudently, and effectively protect their legitimate rights and interests.
2. According to Mysteel, as of the week ending November 20th, both rebar production and apparent demand rebounded, while mill and social inventories continued their downward trend. Total rebar inventory this week was 5.5334 million tons, compared to 5.7617 million tons last week, representing a decrease of 228,300 tons this week and 163,700 tons last week. Rebar production was 2.0796 million tons, an increase of 79,600 tons from last week, representing a growth of 3.98%.
3. China National Grain Reserves Corporation (CNGRC) issued a notice regarding the auction of frozen pork from the central reserves on November 26, 2025. The auction will feature 6,500 tons of domestically produced frozen pork.
4. According to data from shipping survey agency ITS, Malaysia's palm oil exports from November 1st to 20th totaled 831,005 tons, a 20.5% decrease compared to the same period last month.
5. According to a report on the USDA website on November 20th, private exporters reported sales of 462,000 tons of soybeans and 132,000 tons of wheat to China, for shipment in the 2025/2026 marketing year.
6. Data from Longzhong Information shows that as of November 20, 2025, the total inventory of float glass sample enterprises nationwide was 63.303 million weight boxes, an increase of 56,000 weight boxes, or 0.09%, compared to the previous period. The inventory days were 27.7 days, an increase of 0.2 days from the previous period. The national daily output of float glass was 158,100 tons, a decrease of 0.66% from the 13th, hitting a nearly four-month low. The weekly total output was 1.1102 million tons, a decrease of 0.34% compared to the previous week.
7. The International Aluminium Institute (IAI): Global primary aluminum production in October 2025 was 6.294 million tons, compared to 6.258 million tons in the same period last year, with the previous month's figure revised to 6.077 million tons. China's primary aluminum production in October is projected to be 3.766 million tons, with the previous month's figure revised to 3.644 million tons.
8. According to an announcement from the Guangzhou Futures Exchange, after research and deliberation, the following adjustments have been made to the transaction fees and trading limits for lithium carbonate futures contracts: Effective from the start of trading on November 24, 2025, the transaction fee for the lithium carbonate futures contract LC2601 will be adjusted to 0.032% of the transaction amount, and the intraday closing transaction fee will also be adjusted to 0.032% of the transaction amount; the transaction fee for lithium carbonate futures contracts LC2602, LC2603, LC2604, and LC2605 will be adjusted to 0.016% of the transaction amount, and the intraday closing transaction fee will also be adjusted to 0.016% of the transaction amount.
