1. The National Energy Administration announced on the 17th that my country's total electricity consumption will historically exceed 10 trillion kilowatt-hours by 2025, reaching 10.4 trillion kilowatt-hours, a year-on-year increase of 5%.
2. According to data from SteelHome, the total urban inventory this week was 6.9913 million tons, an increase of 9,100 tons (+0.13%) compared to last week. The total inventory of construction steel this week was 3.0045 million tons, an increase of 41,000 tons (+1.38%) compared to last week.
3. According to CCTV News, multiple departments including the Emergency Management Bureau and Fire and Rescue Bureau of Baotou City, Inner Mongolia Autonomous Region, reported that as of 5:30 PM on the 18th, the explosion at a Baogang Steel plate plant that occurred around 3 PM resulted in 2 deaths, 5 missing persons, and 66 people hospitalized, including 3 in serious condition.
4. Data from the Southern Peninsula Palm Oil Pressors Association (SPPOMA) shows that from January 1st to 15th, 2026, Malaysian palm oil yield per hectare decreased by 18.09% compared to the same period last month, oil extraction rate decreased by 0.03%, and production decreased by 18.24% compared to the same period last month.
5. According to data released by shipping survey agency SGS, Malaysia's palm oil exports from January 1st to 15th are estimated at 525,228 tons, an increase of 20.5% compared to 435,882 tons exported in the same period last month.
6. Data released by the Indian Sugar and Bioenergy Manufacturers Association (ISMA) shows that as of January 15th, 2026, India's national sugar production has reached 15.909 million tons, an increase of nearly 22% compared to 13.044 million tons in the same period last year.
7. The Syrian government and the Syrian Democratic Forces (SDF) have reached an agreement: a comprehensive ceasefire, transfer of oil fields, and completion of military integration.
8. According to Beike Finance, market rumors suggest that a leading polysilicon manufacturer has halted production at its bases, with various clues pointing to Tongwei Co., Ltd. On January 16th, a staff member from Tongwei's securities department stated that the company has always dynamically adjusted the operating rates of its various bases based on market conditions to achieve optimal economic production. However, the specific implementation details are currently unclear.
9. The Shanghai Futures Exchange (SHFE) adjusted trading limits for silver and nickel futures contracts. The maximum daily opening position for silver futures contracts AG2602, AG2603, and AG2604 is now 3,000 lots. The maximum daily opening position for nickel futures contracts NI2602, NI2603, and NI2604 is now 2,500 lots.
10. According to SMM, a major Indonesian stainless steel mill resumed quoting prices on January 16th, directly raising them by $50 per ton. SMM believes that this significant price increase was mainly driven by the strong performance of China's domestic futures and spot markets, as well as the continued rise in nickel prices, prompting steel mills to follow suit and raise their export prices.
11. In response to external criticism, Nvidia has revised its data on data center copper demand in a technical paper, revising the copper busbar usage for a traditional one-gigawatt rack in a data center to 200 tons, only 0.04% of the original paper's figure of "500,000 tons." This also means that the expected copper demand for data centers needs to be significantly lowered.
