IEA monthly report projects global oil supply will fall by 4.8 mln b/d in 2026.

LME on-warrant inventory and canceled warrants: copper on-warrants 308,725 tonnes, up 11,200 t; canceled warrants 20,375 t, down 10,700 t. Aluminum on-warrants 199,775 t, down 6,500 t; canceled warrants 24,375 t, up 4,300 t. Zinc on-warrants 130,400 t, down 825 t; canceled warrants 12,225 t, up 825 t. Nickel on-warrants 259,092 t, up 228 t; canceled warrants 13,632 t, down 30 t. Lead on-warrants 233,225 t, up 2,525 t; canceled warrants 50,125 t, down 5,825 t. Tin on-warrants 3,025 t, down 25 t; canceled warrants 715 t, down 25 t.

BAIC Group said BAIC Research Institute and Ziguang Tongxin signed a chip cooperation agreement to co-develop an automotive-grade, cabin-and-drive-control integrated SoC. The single-chip design targets 1,000 TOPS of compute and aims for mass production and initial vehicle fitment on a first model in 2028.