1. According to Mysteel, the spot market for imported Mongolian coking coal remained stable on February 17th. The three major import ports officially closed, with trading companies closed for the holiday, and only a few yard workers remaining for outbound operations during the Spring Festival. The three ports will be closed for four days from the first to the fourth day of the Lunar New Year (February 17th to 20th), reopening for one day on February 21st, and closing normally again on Sunday, February 22nd. Normal operations will resume from February 23rd onwards.
2. According to data released by shipping survey agency SGS, Malaysia's palm oil exports from February 1st to 15th are estimated at 393,853 tons, a 25% decrease compared to the 525,228 tons exported during the same period last month.
3. According to CONAB, Brazil's national commodity supply company under the Ministry of Agriculture, as of February 14, Brazil's soybean planting rate was 100%, compared to 99.7% last week, 99.7% at the same time last year, and a five-year average of 99.9%; the soybean harvest rate was 24.7%, compared to 17.4% last week, 25.5% at the same time last year, and a five-year average of 27.1%.
4. Hungary's Oil and Gas Industry Company (MOL) stated that if oil shipments from the east fail to resume in the coming days, Hungary may need to release approximately 250,000 tons of strategic crude oil reserves in the first phase.
5. A jade mine collapse occurred at a jade mine in Hpakant Township, Kachin State, northern Myanmar, on the evening of February 16. The number of casualties is currently unknown. Police said approximately 50 people were at the site; some survived, but the number of missing persons has not yet been confirmed, and no trapped individuals have been found.
6. Zambia's mining regulator stated that underground operations at Mopani Copper Mines' Mufulira copper mine can resume immediately once new safety measures are in place. The Zambian Minerals Regulation Commission announced last week that it had suspended operations at the mine for failing to comply with safety regulations, particularly by failing to maintain a system that accurately counts all underground workers.
