南华商品指数：农产品板块上涨，有色板块领跌

Report Summary 1) Report Industry Investment Rating - No investment rating information is provided in the report. 2) Core View of the Report - As of January 16, 2026, the Nanhua Composite Index fell by -0.73%. Among the sector indices, only the Nanhua Agricultural Products Index rose by 0.17%, while the rest declined. The Nanhua Non - ferrous Metals Index had the largest decline of -2.98%, and the Nanhua Black Index had the smallest decline of -0.44%. Among the theme indices, the Oilseeds and Oils Index had the largest increase of 0.65%, the Building Materials Index had the smallest increase of 0.09%, the Energy Index had the largest decline of -1.85%, and the Mini Composite Index had the smallest decline of -0.38%. Among the single - variety indices of commodity futures, the Rapeseed Oil Index had the largest increase of 2.66%, and the Lithium Carbonate Index had the largest decline of -10.43% [1][3]. 3) Summary by Relevant Catalogs Market Data of Nanhua Commodity Index - Composite Index: The Nanhua Composite Index (NHCI) closed at 2728.81, down 20.05 points or -0.73% from the previous trading day, with an annualized return rate (ARR) of 10.16%, an annualized volatility of 12.00%, and a Sharpe ratio of 0.85 [3]. - Sector Indices: The Precious Metals Index (NHPMI) fell 0.46%, the Industrial Products Index (NHII) fell 3.14%, the Metal Index (NHMI) fell 1.78%, the Energy and Chemical Index (NHECI) fell 1.25%, the Non - ferrous Metals Index (NHNF) fell 2.98%, the Black Index (NHFI) fell 0.44%, and the Agricultural Products Index (NHAI) rose 0.17% [3]. - Theme Indices: The Mini Composite Index (NHCIMi) fell 0.38%, the Energy Index (NHEI) fell 1.85%, the Oilseeds and Oils Index (NHOOl) rose 0.65%, the Building Materials Index (NHBMI) rose 0.09%, etc. [3]. Contribution of Each Variety's Daily Rise and Fall to the Index's Rise and Fall - Nanhua Composite Index: Positive contributors included Rapeseed Oil (13.35%), while negative contributors included Palm Oil, etc. [3]. - Nanhua Mini Composite Index: Positive contributors included Glass (7.88%), and negative contributors included Rebar, etc. [3]. - Nanhua Industrial Products Index: Positive contributors included Rebar (2.09%), and negative contributors included Iron Ore, etc. [3]. - Nanhua Metal Index: Positive contributors included Zinc (0.62%), and negative contributors included Stainless Steel, etc. [3]. Single - Variety Index Daily Rise and Fall - Energy and Chemical Sector: Some varieties like Glass rose 1.57%, while others like Methanol fell 21.86% [3]. - Agricultural Products Sector: Rapeseed Oil rose 2.66%, while Rapeseed Sugar fell 1.23% [6]. - Black Sector: Some varieties' information is presented, such as Rebar's relevant data in the contribution part [3].