Group 1 - The latest gold futures closing price on January 19 is 1048.88 yuan per gram, reflecting a daily increase of 1.54% with a trading volume of 155,786 lots and an open interest of 84,463 lots [1] - The Shanghai gold spot price on January 19 is quoted at 1040.10 yuan per gram, indicating a discount of 8.78 yuan per gram compared to the futures main price [1] Group 2 - The newly established Gaza "Peace Committee" by President Trump has sent invitations to approximately 60 countries and international organizations, with cautious responses from most invitees, except for Hungary's Prime Minister Orban, who has accepted [2] - The committee will be chaired by Trump as a "lifetime chairman" and aims to first address the Gaza conflict before expanding to other conflicts, with a three-year term limit for members unless they pay $1 billion for permanent membership [2] Group 3 - The geopolitical disturbances are slightly reduced, but uncertainties remain, particularly due to the unresolved selection of the Federal Reserve chairperson, which increases risk factors in the precious metals market [3] - The U.S. has communicated directly with Iran regarding its severe economic situation and the need for diplomatic solutions to key issues, including uranium enrichment and regional proxy forces, with a warning that failure to resolve these issues diplomatically could lead to dire alternatives [3]

Group 1: Silver Futures Market - The total silver futures inventory reported by the Shanghai Futures Exchange is 617,760 kilograms, with a decrease of 9,083 kilograms from the previous day [1] - The main silver futures contract opened at 22,200 yuan per kilogram, reached a high of 23,577 yuan per kilogram, and a low of 21,447 yuan per kilogram, closing at 23,189 yuan per kilogram, reflecting an increase of 2.75% [1] Group 2: Warehouse Inventory Changes - In Shanghai, the inventory at Zhongchu Wusong decreased by 858 kilograms, while the inventory at Zhonggongmei Supply Chain saw a reduction of 8,164 kilograms, contributing to a total decrease of 9,022 kilograms in Shanghai [2] - The total inventory in Guangdong is reported at 44,292 kilograms, with a minor decrease of 61 kilograms [2]

【市场要闻速递】 美国PBS新闻记者在社交媒体上表示，特朗普致挪威首相约纳斯·加尔·斯特勒的信件将诺贝尔奖与格陵兰岛问题挂钩，重申相关威 胁，并由国家安全委员会工作人员转发给多名驻华盛顿的欧洲大使。 特朗普在信件中称，鉴于挪威决定不把诺贝尔和平奖授予给他，他已不再觉得有义务只从"和平"角度思考问题，现在可以考虑什么 才是对美国有利、正当的事情；不存在任何书面文件证明丹麦对格陵兰岛拥有"所有权"，只是几百年前有一艘船在那里登陆过，而 美国也有船在那里登陆过。特朗普还称，自北约成立以来，美国为北约所做的贡献超过任何人，现在北约也该为美国做点事情 了。 全球最大白银etf--iShares Silver Trust持仓报告显示，1月16日白银etf持有量为16073.06吨，较上一交易日上涨11.28吨。上周五（1月 16日）现货白银尾盘收于89.94美元/盎司，下跌2.63%，盘中白银价格最高上探至92.78美元/盎司，最低触及86.86美元/盎司。 ...

Group 1 - The benchmark price of coke on January 19 is 1391.25 CNY/ton, a decrease of 3.55% compared to the beginning of the month (1442.50 CNY/ton) [1] - On January 19, the main futures contract for coke closed at 1721.0 CNY/ton, with a decline of 1.04%, reaching a high of 1762.0 CNY/ton and a low of 1713.5 CNY/ton, with a trading volume of 23,136 lots [2] - In December, China's coke and semi-coke exports reached 1 million tons, an increase of 80.2% year-on-year, while the total export volume for the year was 7.94 million tons, a decrease of 4.5% year-on-year [3] Group 2 - The analysis from a futures research report indicates that production cuts in coking plants have led to a decrease in coke output, resulting in a marginal improvement in supply and demand, with expectations for a price increase in the near term [4] - The anticipated price increase is expected to be limited, and after the adjustment of coke basis, the momentum for further price increases may weaken [4] - With a significant increase in inventory on the cost side, the support for coke prices from costs is also expected to be weak, indicating limited upward space for coke prices in January [4]

今日（1月19日），ETF白银最新净持仓量数据如下所示： 日期 ETF白银净持仓量(吨) ETF白银净持仓量(盎司) ETF白银净持仓量总价值(万美元) 2026-01-16 16073.06 516760830.8 4691283.12 2026-01-15 16061.78 516398256.4 4712068.01 更多白银资讯，白银数据，白银etf数据，白银价格走势，敬请关注金投白银（https://ag.cngold.or）。 ...

【要闻回顾】 周四美国劳工部公布的数据显示，上周初请失业金人数意外下降9000人，经季节性调整后仅为198000 人，远低于经济学家预期的215000人。 周四特朗普表示，被告知伊朗镇压抗议中的杀戮正在缓解，且目前没有大规模处决的计划，这标志着从 早前的干预威胁转向观望姿态。 1月16日，COMEX白银库存录得13348.27吨，较上一日减少131.43吨；comex白银上周五（1月16日）收 报89.26美元/盎司，下跌2.72%，comex白银价格日内最高上探至92.64美元/盎司，最低触及86.57美元/盎 司。 最新comex白银库存数据： | 日期 | comex白银库存量(吨) | 增持/减持（吨） | | --- | --- | --- | | 2026-01-16 | 13348.27 | -131.43 | | 2026-01-15 | 13479.70 | -30.43 | ...

Core Viewpoint - The futures market for rapeseed meal has shown weakness, with the main contract dropping significantly by 2.37% to 2221.00 CNY/ton on January 19 [1] Market Data Summary - On January 16, the number of rapeseed meal futures warehouse receipts was 84, unchanged from the previous trading day [2] - The spot price of rapeseed meal on January 19 was reported at 2388.95 CNY/ton, a decrease of 75.79 CNY/ton, representing a daily decline of 3.07% [2] - Over the past week, rapeseed meal prices have cumulatively dropped by 113.68 CNY/ton, a decline of 4.54% [2] - In the last month, rapeseed meal prices have decreased by 90 CNY/ton, a decline of 3.63% [2] - The C&F price for Canadian canola (March shipment) was 525 USD/ton, up by 4 USD/ton from the previous trading day; the price for May shipment was 531 USD/ton, also up by 4 USD/ton [2] Institutional Perspectives - According to Everbright Futures, rapeseed meal prices have significantly declined, with a notable drop on Friday night and a maximum intraday decline of nearly 3% [3] - The decline in prices is attributed to the recent visit of the Canadian Prime Minister to China, where an initial agreement was reached to enhance agricultural cooperation and food security, including a potential reduction in tariffs on Canadian canola by March 1 [3] - The expected decrease in import costs due to lower tariffs may lead to an increase in import volumes, contributing to the weak performance of rapeseed meal futures [3] - According to Ruida Futures, the current rapeseed meal market is characterized by weak supply and demand, moving in tandem with soybean meal prices [3]

Group 1 - The latest silver futures closing price is 23189 yuan/kg, with a daily increase of 2.75% and a trading volume of 1,278,937 contracts [1] - The spot price of silver in Shanghai is quoted at 23365 yuan/kg, indicating a premium of 176 yuan/kg over the futures price [1] - The European Union is considering imposing tariffs on 93 billion euros worth of goods imported from the U.S. in response to Trump's tariff threats [1] Group 2 - U.S. Treasury Secretary Mnuchin emphasized the strategic importance of Greenland for U.S. national security [2] - Trump expressed a desire for Hassett to remain in his current position and downplayed the criminal investigation against Federal Reserve Chairman Powell [2] - Federal Reserve Governor Bowman highlighted potential layoff risks and urged against signaling a pause in interest rate cuts [2] Group 3 - The appointment of the Federal Reserve Chairman is in flux, causing fluctuations in gold prices, while silver prices are experiencing strong bullish sentiment [3] - The premium for Shanghai silver has quickly narrowed to 2100 yuan/kg [3] - The silver price is expected to operate within the range of 22200-23500 yuan/kg [3]

Core Viewpoint - Methanol futures are experiencing weak fluctuations, with the main contract dropping to 2211.00 yuan, a decrease of 1.60% [1] Group 1: Supply and Demand Analysis - On the supply side, domestic maintenance operations are stable, keeping supply at high levels, while Iranian supply remains low [1] - Demand is affected by reduced operating rates at MTO facilities in Zhejiang, with load dropping below 70% in East China, and attention is on the restart plan for Ningbo Fude [1] - January imports have significantly decreased, but MTO facility loads have also declined, leading to continued pressure on port inventory [1] Group 2: Market Outlook - Everbright Futures expects methanol to maintain bottom oscillation due to the current supply-demand dynamics and geopolitical situation [1] - Yide Futures suggests that methanol may continue to operate within a range, with slight decreases in domestic operations and some facilities temporarily halted [1] - The future outlook remains uncertain, with potential impacts from Iranian geopolitical issues and inventory changes, indicating a possible continuation of range-bound trading [1]

Group 1 - The domestic futures market for non-ferrous metals showed a significant decline, with the main contract for nickel futures closing at 142,320.00 yuan/ton, down 1.42% [1] - Macro factors include Trump's announcement of tariffs on eight European countries starting February 1, which may lead to retaliatory tariffs from multiple EU countries [2] - The Canadian Prime Minister announced a reduction in the import tax rate on 49,000 electric vehicles from China from 100% to 6.1% [2] Group 2 - Indonesia's Ministry of Energy and Mineral Resources plans to set the nickel production target for 2026 between 250 to 260 million tons, a significant reduction from the 379 million tons quota for 2025, though actual implementation remains to be seen [2] - Nickel ore prices are stabilizing as Indonesia cracks down on illegal mining, and the Philippines enters the rainy season, which may impact future nickel mining activities [2] - The stainless steel sector is experiencing upward pressure, with increased losses for downstream nickel-iron plants, leading to some high-cost nickel-iron plants in Indonesia halting production for maintenance [2] - The outlook for nickel prices suggests they will follow fluctuations in the non-ferrous market, with uncertainty regarding nickel ore quotas likely to persist, and a recommendation to buy on dips despite short-term cooling market sentiment [2]