1. According to data from the China Futures Association, as of January 1, 2026, a total of 1,051 intermediaries were still under contract, a decrease of 4,016 from the end of 2024, representing a reduction of 79.26%.
2. The Henan Bureau of the National Mine Safety Administration conducted an on-site inspection of Dengfeng Xingyu Coal Mine Co., Ltd., and found significant accident hazards at the mine. The Henan Bureau of the National Mine Safety Administration issued an administrative penalty ordering the mine to suspend production for rectification for 10 days (Mining Safety Supervision Henan Coal Second Penalty [2025] No. 1074).
3. The revised "Detailed Rules for Cotton Futures Business of Zhengzhou Commodity Exchange" has been reviewed and approved by the 30th meeting of the 8th Council of Zhengzhou Commodity Exchange and reported to the China Securities Regulatory Commission. It is hereby promulgated and will take effect from the date of promulgation.
4. According to Longzhong Information, based on a search on the official website of the State Taxation Administration, the current export tax rebate for PVC is 13%. After its cancellation, PVC exports will no longer be eligible for tax rebates after April 1st. Considering the significant price adjustments expected after April due to policy changes, the cost gap within the Asian region is narrowing, leading to increased regional price competition. Meanwhile, the rising cost advantage of the US PVC market may have a limiting effect on PVC exports.
5. According to SMM, with domestic glass prices falling again in early January, price competition among manufacturers has spurred module manufacturers to replenish their inventories. It is understood that several module manufacturers began stockpiling last week, with transaction volume significantly increasing compared to the end of December.
6. According to SMM, starting Monday, prices for all silicone products in the market increased. The guidance price for DMC is 14,000 yuan/ton, an increase of approximately 300 yuan/ton from the previous week. Prices for other downstream products such as 107 silicone rubber, raw silicone rubber, conventional silicone oil, and compound silicone rubber also increased by 300 yuan/ton.
7. According to an announcement from the Guangzhou Futures Exchange, effective from the settlement on January 13, 2026, the daily price fluctuation limit for platinum and palladium futures contracts will be adjusted to 16%, and the trading margin standard will be adjusted to 18%.
8. According to an announcement by China Nonferrous Mining, the main and auxiliary shafts of the Chambishi Southeast Orebody were repaired in December 2025, and the repair results met expectations. The mine officially resumed production on January 1, 2026.
