1. According to data from the China Iron and Steel Association (CISA), in mid-December 2025, the steel inventory of key steel enterprises reached 16.01 million tons, an increase of 1.26 million tons (8.6%) compared to the previous ten-day period; an increase of 3.64 million tons (29.5%) compared to the beginning of the year; and an increase of 400,000 tons (2.6%) compared to the same ten-day period of the previous month.
2. Data from Zhaogang.com shows that as of the week ending December 24, national construction material output was 4.2739 million tons, an increase of 64,400 tons from the previous week; total inventory was 7.4089 million tons, a decrease of 234,100 tons from the previous week; and apparent demand was 4.508 million tons, a decrease of 5,400 tons from the previous week.
3. According to SMM, a major Indonesian stainless steel mill raised its export prices by $20/ton on Wednesday, bringing the cumulative increase to $80/ton in two weeks. This continued price support reflects strong cost support and bullish sentiment in the international market.
4. According to data released by the Malaysian Palm Oil Association (MPOA), Malaysian palm oil production from December 1st to 20th is estimated to have decreased by 7.44%, with a decrease of 11.66% in Peninsular Malaysia, 2.12% in Sabah, 0.75% in Sarawak, and 1.73% in Borneo.
5. Data from Longzhong Information shows that as of December 24, 2025, the total methanol port inventory in China was 1.4125 million tons, an increase of 193,700 tons from the previous period. Specifically, East China saw an increase of 207,700 tons in inventory, while South China saw a decrease of 14,000 tons.
6. Due to intensifying winter weather and a power outage at a large industrial plant leading to propane supply shortages, the US government is extending the emergency trucking exemption for the Northeast and expanding the scope of the measure to more states.
7. The Guangzhou Futures Exchange (GFE) announced that the platinum futures contract PT2610 experienced three consecutive days of limit-up trading. In accordance with Article 20 of the "Guangzhou Futures Exchange Risk Management Measures," the exchange has decided that, at the settlement on December 24, the daily price limit for the platinum futures contract PT2610 will remain at 12%, and the trading margin requirement will remain at 14%.
8. The GFE announced that, effective from the start of trading on December 26, 2025, the minimum order size for each transaction in the lithium carbonate futures contracts LC2601, LC2602, LC2603, LC2604, LC2605, LC2606, LC2607, LC2608, LC2609, LC2610, LC2611, and LC2612 will be adjusted from 1 lot to 5 lots, while the minimum order size for each transaction will remain at 1 lot.
9. According to Jiemian News, the Yifeng County Zhenkouli-Fengxin County Jianxiawo lithium mine project of Yichun Times New Energy Mining Co., Ltd. is expected to resume production around the Spring Festival.
10. The Guangzhou Futures Exchange announced that Xinjiang Qiya Silicon Industry Co., Ltd., Xinjiang Dongfang Xiwang New Energy Co., Ltd., and Hangzhou Zhengcai Holding Group Co., Ltd. have been added as polysilicon futures delivery warehouses, effective immediately.
