1. According to data from the Shanghai Shipping Exchange, as of January 19, 2026, the Shanghai Export Containerized Freight Index (Europe route) was 1954.19 points, down 0.1% compared to the previous period.
2. Data from the National Bureau of Statistics shows that crude steel production in December 2025 was 68.18 million tons, a year-on-year decrease of 10.3% and a month-on-month decrease of 2.4%; production from January to December was 960.81 million tons, a year-on-year decrease of 4.4%. Raw coal production in December 2025 was 437.03 million tons, a year-on-year decrease of 1.0% and a month-on-month increase of 2.4%; production from January to December was 4831.78 million tons, a year-on-year increase of 1.2%.
3. A Reuters survey indicates that the average palm oil price in 2026 is expected to be 4,125 ringgit per ton, a year-on-year decrease of 2.55%. Malaysian palm oil production in 2026 is projected to be 19.75 million tons, a year-on-year decrease of 2.61%. Indonesia's palm oil production is projected to reach a record 51.2 million tons in 2026, a 0.39% increase year-on-year.
4. Agricultural consultancy AgRural reported on Monday that as of last Thursday, Brazil's 2025/26 soybean harvest was at 2%, up 1.4 percentage points from the previous week and slightly higher than the 1.7% harvest in the same period last year.
5. Data from Brazil's Ministry of Commerce and Trade shows that in the third week of January 2026, a total of 11 working days, 1.3074 million tons of soybeans were shipped, compared to 1.0692 million tons in January last year. The average daily shipment volume was 118,900 tons/day, an increase of 144.56% compared to 48,600 tons/day in January last year.
6. According to CONAB data, as of January 17, Brazil's soybean planting rate was 98.6%, compared to 98.2% last week, 98.9% in the same period last year, and a five-year average of 98.7%; the soybean harvest rate was 2.3%, compared to 0.6% last week, 1.2% in the same period last year, and a five-year average of 3.2%.
7. Devendra Kumar, CFO of Mangalore Refining & Petrochemicals Ltd. in India, stated that the company is considering purchasing Venezuelan oil while halting imports of Russian oil to comply with Western sanctions.
8. Data from the General Administration of Customs shows that in December 2025, China imported 1,873 tons of polysilicon, a year-on-year decrease of 42.8%; cumulative imports from January to December totaled 19,051 tons, a year-on-year decrease of 52.2%. In December 2025, China exported 210,000 tons of alumina, a year-on-year increase of 9.3%; cumulative exports from January to December totaled 2.55 million tons, a year-on-year increase of 42.7%.
9. The Guangzhou Futures Exchange (GZFE) announced that, after research and deliberation, effective from the settlement on January 21, 2026, the daily price fluctuation limit for lithium carbonate futures contracts will be adjusted to 11%, the margin requirement for speculative trading will be adjusted to 13%, and the margin requirement for hedging trading will be adjusted to 12%.
10. Chile's state-owned copper company, Cochilco, stated on Monday that Chilean copper production is expected to peak at 6.06 million tons in 2033, before slowing to 5.86 million tons in 2034.
