According to the National Energy Administration, by the end of 2025, the total installed power generation capacity in China reached 3.89 billion kilowatts, representing a year-on-year increase of 16.1%.

Will Danoff, the legendary fund manager of Fidelity Contrafund, will retire at the end of this year.

1. According to data released by shipping surveyor SGS, Malaysia's palm oil exports from January 1st to 25th are estimated at 746,745 tons, a 9.41% decrease compared to the 824,276 tons exported during the same period last month. 2. Brazil's National Association of Grain Exporters (Anec) stated that Brazil's soybean exports in January are expected to be 3.23 million tons, lower than the 3.79 million tons estimated last week. Brazil's soybean meal exports in January are expected to be 1.78 million tons, lower than the 1.82 million tons estimated last week. Brazil's corn exports in January are expected to be 3.39 million tons, compared to the 3.45 million tons estimated last week. 3. The latest data from the Price Monitoring Center of the National Development and Reform Commission shows that as of January 14, 2026, the price of live pigs was 12.95 yuan/kg, the price of corn was 2.30 yuan/kg, and the pig-to-corn price ratio was 5.63. Compared to January 7, 2026, the price of live pigs increased by 2.21%, the price of corn remained unchanged, and the pig-to-corn price ratio increased by 2.18%. 4. Mauritius-based tin miner Alphamin Resources recently announced that its Bisie mine in eastern Democratic Republic of Congo will produce a record 18,576 tons of tin concentrate in 2025. 5. According to SMM, a large recycled lead smelting company in East China suspended production completely last weekend (January 25, 2026) due to frequent heavy pollution, tight raw material supply, and severe losses. During this period, the company will conduct lead ingot sales and equipment maintenance in an orderly manner. The specific date for resumption of production will depend on subsequent market trends. 6. According to Aladdin (ALD) tracking, two bauxite exploration rights in Shanxi Province failed to sell in January: the Nanping block in Qinyuan County, Changzhi City, and the Liujiazhuang block in Linxian County, Lüliang City.