Group 1 - Styrene futures experienced a rapid increase, reaching a peak of 7696.00 yuan, closing at 7694.00 yuan with a rise of 4.07% [1] - Newhu Futures holds a bullish outlook on styrene, citing unexpected maintenance by Asahi and positive news from the market, although there are concerns about price adjustments due to repurchased export orders [2] - Nanhua Futures indicates that the overall trend for styrene remains strong, with supply elasticity being low and valuation difficult to compress as domestic supply is expected to remain tight [3] Group 2 - The market has seen a reduction in inventory at major ports in East China to below 100,000 tons, tightening liquidity in the spot market [3] - There are rumors of operational issues at two styrene plants in the Middle East, which have led to an expansion in processing margins [3] - The focus will be on the sustainability of export increases, geopolitical risks affecting oil prices, and the downstream sector's ability to absorb high-priced raw materials [3]

Core Viewpoint - The COMEX gold inventory has shown a slight increase, reflecting ongoing market dynamics influenced by geopolitical tensions and trade frictions, which are driving safe-haven demand for gold [1][2]. Group 1: COMEX Gold Inventory Data - As of January 21, 2026, COMEX gold inventory recorded 1124.17 tons, an increase of 0.22 tons from the previous trading day [2]. - On January 20, 2026, the COMEX gold inventory was 1123.95 tons, with no change reported [2]. Group 2: Gold Price Movement - On January 20, 2026, COMEX gold closed at $4830.70 per ounce, up 0.22%, with an intraday high of $4837.70 and a low of $4772.70 [1][2]. - The previous trading day, January 21, 2026, saw gold prices reach a high of $4771.50 and a low of $4665.40, closing at $4762.80 per ounce, reflecting a 1.84% increase [1]. Group 3: Market Influences - Geopolitical conflicts and trade tensions are driving increased safe-haven sentiment, leading global institutions to raise their price forecasts and support gold prices through early capital allocation [2]. - Recent announcements from former President Trump regarding Greenland and trade tariffs have positively impacted U.S. stock, bond, and currency markets [2]. - The European Parliament has postponed the vote on the U.S.-EU trade agreement, indicating ongoing trade negotiations [2].

Group 1 - The core point of the news is that Hunan Gold has suspended trading on January 12, 2026, to plan a major asset restructuring involving the acquisition of 100% equity in Hunan Gold Tianyue Mining Co., Ltd. and Hunan Zhongnan Gold Smelting Co., Ltd. [1] - The suspension is expected to last no more than 10 trading days to prevent market disruption due to information leakage [1]. - For the first three quarters of 2025, the company reported revenue of 41.194 billion yuan, representing a year-on-year increase of 96.26%, indicating strong performance [1]. Group 2 - On January 9, the net inflow of main funds was 55.1245 million yuan, accounting for 3.80% of the total transaction amount, while retail investors had a net inflow of 9.3518 million yuan, making up 0.64% of the total [1]. - The financing data on January 21 shows that Hunan Gold had a financing balance of 1.298 billion yuan, with a net repayment of 31.6345 million yuan [2]. - The technical analysis indicates that Hunan Gold has a resistance level at 23.05 yuan and a support level at 22.05 yuan, suggesting a bullish trend with an accelerating upward movement [3].

同时，海尔天悦AI智能锁Q600也凭借行业首创超薄悬翼式侧拉把手，荣获"中国智能锁高端引领产 品"认证，其创新产品设计已获原创外观专利。 之所以获得行业认可，离不开海尔智能门锁带来的主动安防与便捷操作。海尔天悦AI智能锁Q600超薄 悬翼式侧拉把手，不仅能避免开关门时靠近门框易夹手的隐患，还能满足90%的家庭安装需求。此外， 配合AI掌静脉、AI人脸识别等11种解锁方式，不同家庭成员，都能享受到便捷流畅的开锁体验。 随着智能家居从单品智能向场景智能演进，智慧家庭正成为品质生活的新标配。在海尔智慧家庭战略 中，智能门锁作为家庭安防核心与场景交互入口，其创新突破不仅是战略落地的关键成果，也持续获得 行业认可。 1月20日，中国五金制品协会制锁分会第六届三次会议暨全国制锁行业第三十二次信息交流会于杭州举 行。会上，海尔智能门锁凭借在安全防控、用户体验等方面的综合竞争力，荣获"2025年度中国锁具行 业消费者优选品牌"及"2025年度中国智能锁领军品牌 "。 除了安全以外，海尔智能门锁还是智慧家庭的第一入口。用户开门回家时，家里的灯光自动开启、窗帘 自动关闭，并调整空调至合适的温度，还能根据家庭成员的使用习惯，持续提 ...

摘要周四(1月22日)亚市尾盘，在美国总统特朗普放弃了对格陵兰岛的一些最严厉的威胁后，黄金、白 银周四回落。截至发稿，现货黄金跌破4800美元关口，报4790美元/盎司，日内下跌约0.8%；现货白银 报91.23美元/盎司，日内下跌近2%。 5000美元目标被视为合理延伸，但能否站稳取决于结构性支撑：实际利率长期走低、全球去美元化、地 缘分裂及机构/央行持续需求。若缺乏这些因素，飙升后或面临调整，难以形成新均衡。 【技术分析】 现货黄金：昨日黄金延续看涨思路，但提示警惕突发跳水。受地缘局势推动，金价开盘大涨至4888美元 新高，欧盘震荡后，美盘上攻未破前高，因特朗普态度转变(暂缓关税威胁)引发三次跳水，日线收长上 影小阳线(近似倒锤头)，短期顶部信号初现。若延续调整，4888美元或成短期顶点；若再度拉高，5000 美元关口将加速临近，核心变量仍在特朗普后续表态。技术面看，隔夜美盘三次跳水后，今早4840区域 再度承压下行，该位置已转化为强阻力。结合特朗普态度软化背景，短期先看调整。下方关键支撑在 4755-4760区域——此位置不破，多头仍有反攻动能；若有效下破，调整深度或进一步扩大，需关注 5/10日均线、 ...

Group 1 - Silver futures are currently trading above 23057, with an opening price of 23037 and a current price of 23214, reflecting an increase of 0.68%. The highest price reached was 23380, while the lowest was 22410, indicating a short-term bullish trend in silver futures [1] - The Shanghai silver market has shown an adjustment, with the premium expanding to 2200 per gram. Market sentiment for silver prices is somewhat suppressed, with high volatility observed. Key support levels to watch are 22500 and 21500, with a reference trading range for the main contract set between 21400 and 23700 [3] Group 2 - President Trump announced a temporary halt on imposing tariffs against European countries opposing his acquisition of Greenland, citing a "framework for a future agreement." This marks a significant shift in his previously aggressive stance on the issue [2] - The specifics of the so-called "framework" remain unclear, especially after Denmark ruled out the possibility of negotiating the sale of Greenland. Despite the temporary easing of tensions, Trump's unpredictable nature suggests that future conflicts may arise [2] - In a speech at the World Economic Forum, Trump dismissed the possibility of using military force to control Greenland but issued threats regarding potential consequences if European demands are not met [2]

Core Insights - The article highlights the advancements in smart lock technology, particularly focusing on Haier's Q600 model, which addresses common user concerns and enhances security and convenience [1][2]. Group 1: Product Recognition - Haier's Q600 smart lock received the "2025 Annual China Smart Lock High-End Leading Product Award" and the S600 model was recognized as a "Bestselling AI Smart Lock" [1]. Group 2: User Experience Innovations - The Q600 features a patented ultra-thin cantilever side pull handle design, improving safety by reducing the risk of pinching fingers when opening or closing the door, and is compatible with 90% of household entry doors [1]. - It offers 11 unlocking methods, including AI palm vein and AI facial recognition, addressing issues of traditional smart locks such as unresponsive fingerprint and facial recognition [2]. - The Q600 acts as the "first entry point of a smart home," integrating with home automation systems to enhance user experience, such as automatically turning on lights and adjusting the air conditioning upon entry [2]. Group 3: Market Positioning - In a market characterized by product homogeneity and upgrade challenges, Haier's smart locks provide innovative solutions that cater to user needs, creating new possibilities for the industry and consumers [2].

Group 1 - The USDA reported that private exporters sold 190,000 tons of U.S. soybean meal to the Philippines for delivery in the 2025/26 marketing year [1] - The European Commission indicated that as of January 15, the EU's soybean imports for the 2025/26 marketing year reached 6.7 million tons, a 16% decrease year-on-year, while soybean meal imports totaled 9.9 million tons, down 10% year-on-year [1] - On January 21, the total soybean meal transaction volume at major national oil mills was 154,500 tons, a decrease of 45,400 tons from the previous trading day, with spot transactions accounting for 116,800 tons [1] Group 2 - According to Everbright Futures, concerns are rising that U.S. soybean exports may stagnate again following China's 12 million tons procurement, as the current price structure makes U.S. soybeans less competitive [2] - Brazil's soybean harvest rate has exceeded 2%, with Mato Grosso state progressing the fastest at an estimated 7%, leading some institutions to raise Brazil's soybean production forecast to over 180 million tons, with estimates ranging from 170 million to 182.2 million tons [2] - Domestic soybean meal is expected to remain volatile, with oil mills maintaining prices amid logistics disruptions due to snowfall, resulting in lower crushing volumes and a third consecutive week of declining soybean meal inventories [2] Group 3 - New Century Futures noted a seasonal decline in domestic soybean arrivals, but oil mills maintain high soybean inventories and operating rates, leading to ample soybean meal supply [3] - The upcoming Chinese New Year is expected to drive concentrated fattening in livestock, creating a replenishment demand from feed enterprises, which will support soybean meal consumption [3] - Market focus before the holiday will center on South American weather, soybean arrival schedules, and logistics efficiency during the Spring Festival [3]

Core Viewpoint - The domestic futures market for xylene is showing a strong upward trend, with the main contract experiencing fluctuations and a price increase of approximately 2.10% [1][2]. Group 1: Market Performance - The main contract for xylene opened at 7234.0 CNY/ton and reached a high of 7414.0 CNY, with a low of 7180.0 CNY during the trading session [1]. - The overall market performance for xylene is characterized by a strong upward trend, indicating positive sentiment among traders [2]. Group 2: Supply and Demand Analysis - Newhu Futures reports that the recent rise in crude oil prices and tight supply expectations for PX have led to strong price performance and profit expansion [2]. - Despite a recent recovery in PX supply and weakening downstream demand, the overall supply-demand balance remains favorable until new production capacities are introduced in the third quarter [2]. - New Century Futures highlights that geopolitical instability and lower-than-expected crude oil exports from Venezuela are contributing to the upward pressure on oil prices, while PX supply remains relatively loose [2]. Group 3: Future Outlook - Wuzhou Futures indicates that high PX operating rates and seasonal maintenance in downstream PTA are expected to maintain a stockpiling trend for PX [2]. - The mid-term outlook for PX remains optimistic, with expectations of strong demand from downstream PTA after the Spring Festival, despite short-term volatility [2].

Core Viewpoint - The domestic futures market in the energy and chemical sector showed significant gains, with PTA futures experiencing a notable increase of 2.60% to reach 5290.00 yuan/ton [1] Group 1: Cost Side - Brent crude oil prices have maintained a strong technical position after breaking through key levels, supported by geopolitical factors [2] - Despite relatively low oil prices, currency depreciation is expected to provide support for oil prices, alongside a marginal easing of restrictions on fuel vehicles in Europe and the US [2] Group 2: Supply Side - CCF data indicates that the restart of 3 million tons of production in Dushan is underway, while 3.6 million tons of new material facilities are currently offline [2] - PTA operating rates are at 76.9%, reflecting a month-on-month decline of 1.3% [2] Group 3: Demand Side - Downstream demand is experiencing seasonal weakness, with polyester operating rates declining from previous highs; CCF polyester operating rates fell to 88.3% from 90.8%, a decrease of 2.5 percentage points [2] - Major polyester manufacturers have announced maintenance plans for January and February, with a total maintenance volume of approximately 1.538 million tons [2] - Weaving operating rates continue to decline, particularly in Jiangsu and Zhejiang, with ongoing weakness in orders [2] Group 4: Market Outlook - The PTA supply side faces uncertainties due to maintenance activities at facilities operated by INEOS and Yisheng New Materials, which may impact supply [2] - Increased production cuts in downstream polyester and significant influences from the cost side are expected to lead to price fluctuations in the market [2]