Group 1 - The current market for polysilicon is experiencing a downward trend, with prices showing weak performance and a recent decline of approximately 2.94% [1][2] - Guangzhou Futures indicates that the anticipated benefits from export tax rebates are still in the expectation phase, with actual effects not yet visible, and the pressure from anti-monopoly regulations outweighs future expectations [2] - New Lake Futures notes that both supply and demand fundamentals for polysilicon are weak, with recent market supervision and anti-monopoly scrutiny leading to a return to market-based cost competition, suggesting a continued weak market [2][3] Group 2 - Guotou Anxin Futures highlights that the cancellation of the export tax rebate is beneficial for short-term polysilicon demand, but market sentiment remains limited, with continued capital outflow [3] - The trading logic for polysilicon has shifted, with market sentiment declining and prices seeking cost support, indicating a cautious approach to market participation [3]

Group 1 - The core viewpoint indicates that the strong performance of tin futures is supported by increased imports and stable domestic production, with the main contract reaching 381,800.00 yuan/ton, a rise of 4.80% [1] - In November, China imported 15,099 tons of tin ore, a year-on-year increase of 24.43%, marking the highest monthly import since March 2024, with Myanmar contributing 7,190 tons, also a new high since March 2024 [1] - Domestic refined tin production in December was 15,895 tons, a month-on-month increase of 2.61%, with a total annual output of 174,400 tons, reflecting a cumulative decrease of 1.65% [1] Group 2 - Citic Futures anticipates that the weak dollar and the commencement of China's 14th Five-Year Plan will provide clear support for tin prices, with expectations of maintaining high price levels in the future [3] - The firm notes that while macroeconomic sentiment may drive prices to new highs, there are concerns about potential selling pressure as prices approach historical peaks, and the actual supply may face risks due to the fragility of overseas mining operations [3] - Newhu Futures highlights that the cancellation of export tax rebates for photovoltaic components may lead to a temporary surge in exports and production, but the actual impact on tin consumption remains uncertain [3]

Group 1 - The current spot gold price is 1029.44 CNY per gram, down by 2.03 USD or 0.20% from the previous trading day, with a daily high of 1033.12 CNY and a low of 1026.10 CNY [1] - Gold prices surged over 64% last year, marking the best performance since 1979 [3] - The technical outlook for gold remains bullish, with the Relative Strength Index (RSI) indicating further upside potential, although it has entered the overbought territory [3] Group 2 - President Trump announced a 25% tariff on all countries conducting business with Iran, effective immediately, amid ongoing anti-government protests in Iran [2] - Federal Reserve Chairman Jerome Powell is under criminal investigation related to the renovation of the Fed's headquarters, which has raised concerns about the credibility of U.S. financial institutions [2] - The geopolitical tensions and the investigation into Powell have contributed to a rise in gold prices ahead of key inflation data [2]

Group 1 - The core viewpoint of the articles indicates that the price of spot gold is experiencing a rebound, currently trading around $4592.80 per ounce, following a period of profit-taking after previous gains [1] - Strategists from State Street Global Advisors report that the probability of spot gold surpassing $5000 per ounce this year has exceeded 30%, driven by recent price momentum and geopolitical dynamics [1] - The demand for gold from central banks is expected to support physical demand, providing stability to the precious metals market [1] Group 2 - The daily chart shows that the 21-day Simple Moving Average (SMA) is above the 50-day, 100-day, and 200-day SMAs, indicating strong bullish momentum [2] - The 14-day Relative Strength Index (RSI) is at 70.17, suggesting that prices may pause or experience a slight pullback [2] - The 21-day SMA at $4417.93 provides immediate dynamic support, and as long as prices remain above this level, the upward trend is intact [2]

Market Overview - The US dollar index is trading around 98.928, while spot gold opened at $4597.42 per ounce and is currently around $4594.97 per ounce. Gold T+D is trading at approximately 1026.30 CNY per gram, and the Shanghai gold main contract is at about 1028.86 CNY per gram [1] - On the previous trading day, the US dollar index fell by 0.16% to 98.896, while spot gold rose by 1.97% to $4597.94 per ounce. Other precious metals also saw gains: spot silver increased by 6.51% to $85.16 per ounce, platinum rose by 3.03% to $2337.30 per ounce, and palladium gained 1.80% to $1851.00 per ounce [1] Inventory Data - As of January 12, COMEX gold inventory remains unchanged at 1129.43 tons, while COMEX silver inventory decreased by 70.15 tons to 13607.32 tons [2] - SPDR gold ETF holdings increased by 6.24 tons to 1070.80 tons, and SLV silver ETF holdings rose by 39.47 tons to 16347.95 tons on the same date [2] - The payment direction for deferred compensation fees indicates that for Au(t+d), shorts pay longs, and for Ag(t+d), shorts also pay longs [2] Economic Events - Key economic data to be released includes Japan's trade balance for November, the US NFIB small business optimism index for December, and various CPI metrics for December, including the unadjusted and seasonally adjusted core CPI [4] - The Federal Reserve's Musalem is scheduled to speak, and the EIA will release its monthly short-term energy outlook report [5]

今日周二(1月13日)亚盘时段，国际黄金市场冲高回落，多空分歧加剧。截至发稿，伦敦金现报4584.07 美元/盎司，较前一交易日收盘价下跌14.57美元，跌幅0.32%，盘中曾短暂触及4600美元/盎司整数关口 后遇阻回落。 摘要今日周二(1月13日)亚盘时段，国际黄金市场冲高回落，多空分歧加剧。截至发稿，伦敦金现报 4584.07美元/盎司，较前一交易日收盘价下跌14.57美元，跌幅0.32%，盘中曾短暂触及4600美元/盎司整 数关口后遇阻回落。 中长期而言，黄金的基本面依然稳健。全球范围内，"去美元化"趋势不断加强，各国央行特别是新兴市 场国家如中国、印度等持续增加黄金储备，显示出对黄金长期价值的认可，这为金价提供了坚实的底部 支撑。同时，地缘政治紧张局势和不断攀升的全球债务水平增强了黄金作为避险资产的地位。汇丰银行 预测，在这些因素共同作用下，到2026年上半年，金价有望达到5000美元/盎司。此外，美国经济面临 的制造业疲软及消费挑战也预示着未来更宽松的货币政策环境，有利于黄金价格上涨。 【要闻速递】 综上所述，当前影响黄金走势的关键因素是美国12月CPI数据，短期内需密切关注4500美元/盎司关口 ...

Core Viewpoint - MLILY has partnered with Nantong Zhiyun Football Club to donate zero-pressure thin mattresses to youth training teams in Rugao, Jiangsu Province, aiming to improve the sleeping conditions of young athletes and enhance their learning and athletic performance [1][2]. Group 1: Donation and Product Features - The donation of thin mattresses is based on observations of the current sleeping conditions in school dormitories, where limited space and collective living necessitate a mattress that is appropriately sized, comfortable, and easy to maintain [2]. - The zero-pressure thin mattress is designed to fit student dormitory bed sizes, addressing the issue of generic mattresses being unsuitable; its slim profile and moderate thickness ensure comfort and support without compromising space or cleanliness [2]. - The core material, "non-temperature-sensitive zero-pressure foam," is patented in China, the USA, Canada, and Denmark, and has been proven to balance and distribute body pressure, effectively reducing nighttime movements and enhancing deep sleep duration [2]. Group 2: Long-term Commitment to Community and Sports - MLILY's investment in sports and community welfare demonstrates a systematic and long-term approach, having partnered with Manchester United since 2016 and extending the partnership until 2031 to support athlete recovery and performance [3]. - As a company originating from Nantong, MLILY has become a strategic partner of Nantong Zhiyun since 2023, further supporting local football development and expanding its sponsorship to include advertising on the team's jerseys [3]. - The recent donation to local school youth training teams is part of MLILY's broader strategy to extend its sports sponsorship logic to community and youth development, including initiatives like the "Hundred Cities, Ten Thousand Volumes" program and the "Dusk Plan" for elderly sleep health [3][4]. Group 3: Educational Support and Broader Impact - In addition to sleep-related donations, MLILY has established the "Dream Scholarship" in 2018 at Rugao High School to encourage and reward outstanding students and faculty, with the scholarship's reach expanding to multiple schools in the region [4]. - The company's philanthropic efforts reflect a systematic and long-term commitment to enhancing education and community welfare, aiming to change traditional perceptions of hard beds and promote the importance of deep sleep [4].

【要闻速递】 德国外交部长约翰.瓦德富尔表示，他对欧洲能够就格陵兰岛问题与美国达成"妥协"持乐观态度。 瓦德富尔周一在华盛顿会见美国国务卿鲁比奥后表示，他希望美国能参与北约在北极地区的一项新任务，以帮助确保格 陵兰岛的安全。 今日周二(1月13日)亚盘时段，国际白银目前交投于85.59一线上方，今日开盘于85.16美元/盎司，截至发稿，国际白银暂 报85.78美元/盎司，上涨0.73%，最高触及86.01美元/盎司，最低下探83.40美元/盎司，目前来看，国际白银盘内短线偏 向震荡走势。 RSI指标已进入偏高区域，提示市场存在一定超买迹象。这意味着后续更可能以震荡消化代替单边拉升，大幅回调也不 意外。下方重点关注两个支撑位：一是80.00美元附近的前期关键平台，二是82.50美元的技术性中间支撑。若回调不破 这些区域，反而可能成为新一轮多头布局的机会。 【最新国际白银行情解析】 国际白银日线级别仍处于清晰的上升通道中，近期成功突破前高后站稳，趋势结构完整。MACD指标持续运行于零轴上 方，动能柱保持正值，说明上涨趋势尚未被破坏。 瓦德富尔说："北约目前正开始制定具体计划，这些计划将与我们的美国伙伴进行讨论。我 ...

Core Viewpoint - The domestic oilseed market shows mixed performance with significant declines in canola seed futures, while other oil futures experience slight increases or decreases in prices [1] Price Movements - As of January 13, 2023, the main futures prices are as follows: - Canola oil increased by 0.69% to 9033.00 CNY/ton - Palm oil increased by 1.85% to 8818.00 CNY/ton - Soybean meal decreased by 0.29% to 2778.00 CNY/ton - Canola seed decreased by 5.93% to 5221.00 CNY/ton [1] - Opening and closing prices for various contracts on January 13, 2023, include: - Soybean oil: opened at 8008.00 CNY, closed at 7994.00 CNY - Palm oil: opened at 8746.00 CNY, closed at 8724.00 CNY - Canola oil: opened at 8974.00 CNY, closed at 8980.00 CNY - Soybean meal: opened at 2799.00 CNY, closed at 2790.00 CNY - Canola meal: opened at 2330.00 CNY, closed at 2330.00 CNY [2] Warehouse Receipt Data - As of January 12, 2023, warehouse receipts for various futures are reported as follows: - Soybean two futures: 400 contracts, unchanged from the previous trading day - Soybean oil futures: 29197 contracts, decreased by 229 contracts - Soybean meal futures: 25410 contracts, unchanged - Palm oil futures: 1448 contracts, increased by 200 contracts - Soybean one futures: 25546 contracts, decreased by 260 contracts - Canola meal futures: 84 contracts, unchanged - Canola oil futures: 2292 contracts, increased by 130 contracts - Peanut futures: 1855 contracts, increased by 239 contracts [3] Basis Data - The basis data as of January 12, 2023, indicates the following: - Canola oil: spot price 9882 CNY, futures price 8971 CNY, basis 911 CNY, basis rate 9.22% - Canola meal: spot price 2460 CNY, futures price 2328 CNY, basis 132 CNY, basis rate 5.37% - Palm oil: spot price 8620 CNY, futures price 8658 CNY, basis -38 CNY, basis rate -0.44% - Soybean one: spot price 4455 CNY, futures price 4349 CNY, basis 106 CNY, basis rate 2.38% - Soybean meal: spot price 3186 CNY, futures price 2786 CNY, basis 400 CNY, basis rate 12.55% - Soybean oil: spot price 8348 CNY, futures price 7972 CNY, basis 376 CNY, basis rate 4.50% [4]

Core Viewpoint - Zhejiang Commercial Bank (浙商银行) announced a long-term cleaning operation for inactive personal bank accounts to ensure the safety of customer funds and improve service quality [1] Group 1: Account Cleaning Policy - The bank will clean personal accounts that have not had any active transactions (such as deposits, withdrawals, or transfers) for over one year as of December 31, 2025, and have a balance of 100 yuan or less [1] - Accounts that fall within this cleaning scope must complete at least one transaction by February 12, 2026, to confirm their retention; otherwise, the account will have its payment functions suspended [1] - During the cleaning period, the bank will not request sensitive information such as passwords or verification codes via SMS or phone calls, advising customers to protect their account information [1] Group 2: Customer Support - Customers with questions or suggestions can contact the bank's national service hotline at 95527 or visit local branches for assistance [2]