ICE London cocoa futures fell nearly 4% to £4,193 a tonne.

China General Nuclear Power Group (CGN) said on July 16 it unveiled in Xining, Qinghai the world’s first 8.6m-aperture molten-salt trough solar thermal collector model, Yuanyao-1. CGN said the model delivers material gains in solar-to-electric conversion efficiency and end-to-end domestic controllability, providing core technology support for scaled deployment of China’s solar thermal power.

On the 16th Pakistan's foreign ministry urged the US and Iran to stop military hostilities and quickly restore technical-level talks, calling for maximum restraint after a week of escalating hostile actions. A ministry spokesman said dialogue is the only route to lasting peace and said the Islamabad Memorandum of Understanding signed last month remains a durable framework for peace, mutual respect and shared prosperity, warning against actions that would further undermine regional stability.