1. Indonesian Deputy Energy Minister Yuliot Tanjung stated on Wednesday that Indonesia has cancelled its plan to increase the mandatory biodiesel blending ratio to 50% this year, maintaining the current blending ratio of 40% palm oil-based fuel and 6

2026-01-15

1. Indonesian Deputy Energy Minister Yuliot Tanjung stated on Wednesday that Indonesia has cancelled its plan to increase the mandatory biodiesel blending ratio to 50% this year, maintaining the current blending ratio of 40% palm oil-based fuel and 60% diesel. 2. According to Longzhong Information, Qinghai Wucai Equipment is undergoing maintenance, with the plant operating at 30% capacity, expected to last for one week. 3. The Guangzhou Futures Exchange announced transaction fees and position limits for polysilicon PS2701 and lithium carbonate LC2701 contracts. 4. According to local media citing mining officials, Indonesia may approve a nickel ore production quota of approximately 260 million tons for 2026. The Indonesian Tin Exporters Association stated that the approval process for the 2026 production quota is currently underway, with an estimated tin production quota of approximately 60,000 tons for 2026. 5. According to Mysteel, Hebei Iron & Steel Group's first round of inquiries for ferrosilicon manganese in January 2026 was 5850 yuan/ton, and the December price was 5770 yuan/ton. 6. According to the latest statistics from Mongolian customs authorities, Mongolia's coal exports reached 10.9291 million tons in December 2025, a 16.83% increase month-on-month and a 71.31% increase year-on-year. 7. As of the week ending January 14, according to data from Zhaogang.com, national construction material output was 4.4952 million tons, an increase of 42,000 tons from the previous week; factory inventories were 3.8945 million tons, a decrease of 56,500 tons from the previous week. 8. The latest data from the Fujairah Oil Industrial Zone in the UAE shows that as of the week ending January 12, 2026, total refined petroleum product inventories at the Port of Fujairah were 19.769 million barrels, a 4.2% increase week-on-week. 9. From January 14 to February 28, 2026, Sichuan Tianli will conduct scheduled production line shutdowns for maintenance. This production line overhaul is to ensure the continuous and stable operation of the lithium iron phosphate production line. The overhaul is expected to reduce the company's lithium iron phosphate output by 1,500 to 2,000 tons, and is not expected to have a significant impact on the company's production and operation.