1. The Argentine Oilseed and Cotton Processing Federation announced in a statement on Tuesday (local time) that it will begin a nationwide strike on Wednesday to protest the government's proposed labor reforms.
2. Weda Bay Nickel, the world's largest nickel mine, is expected to face a significant reduction in its production quota by the Indonesian government. The Indonesian government is aggressively reducing supply, pushing up global nickel prices. Sources indicate that the mine's approved ore production quota for this year is 12 million tons, far below the 42 million tons projected for 2025.
3. Brazil's National Grain Exporters Association (Anec) stated that Brazil's soybean exports in February are expected to reach 11.71 million tons, higher than the previous week's forecast of 11.42 million tons.
4. According to Longzhong Information, as of February 11, 2026, China's total methanol port inventory was 1.4322 million tons, an increase of 21,200 tons from the previous period.
5. India has asked its state-owned refiners to consider purchasing more US and Venezuelan crude oil, after the Trump administration stated that the trade agreement reached between the two countries included a commitment from India to stop importing Russian crude oil.
6. Sources say the CME Group is exploring the launch of the world's first rare earth futures contract. The Intercontinental Exchange (ICE) is also researching rare earth futures, but its plans are not as advanced as CME's.
