1. Report Industry Investment Rating - Not provided in the content 2. Core View of the Report - For the vegetable oil sector, the US biodiesel policy is on the agenda, boosting the global vegetable oil prices. Palm oil and soybean oil have stopped falling and rebounded, while rapeseed oil has stabilized at the bottom. In the medium to long term, it is advisable to maintain a long - position thinking of buying on dips, and continue to hold long positions in rapeseed oil [1][2] - For the two - meal sector, view the short - term rebound of double meals, and wait for short - selling opportunities after the return of fundamentals following the subsiding of macro - narrative sentiment [3][4] 3. Summary by Relevant Catalogs 3.1 Vegetable Oil Sector 3.1.1 Market Review - On January 28th, boosted by the sharp rise in international crude oil and the shift of sector funds, the vegetable oil sector continued its strong upward trend. For example, the main soybean oil contract Y2605 closed at 8326 yuan/ton, up 0.82% day - on - day, with an increase of 8470 lots in open interest. Similar trends were seen in other contracts of soybean oil, palm oil, and rapeseed oil [1][2] 3.1.2 Important Information - International oil prices rose 1.49% on January 28th due to concerns about the Iranian situation and a weaker US dollar. The active March crude oil futures contract on NYMEX rose $0.93, or 1.49%, to settle at $63.21 per barrel [1] - Trump's claim that the US "fleet" was heading to Iran pushed up oil prices, providing additional support for soybean oil prices used in biofuel production [1] - The Trump administration is expected to finalize the 2026 biofuel blending ratio quota in early March, generally following the initial proposal and abandoning a plan to penalize imports of renewable fuels and raw materials. The US EPA is considering setting the 2026 biodiesel usage between 5.2 and 5.6 billion gallons [1] - Malaysia lowered its February reference price for crude palm oil, reducing the export tariff to 9%. The February reference price was 3,846.84 ringgit ($950) per ton, compared with 3,946.17 ringgit in January with an export tariff of 9.5% [1] - Indian buyers have locked in large - scale soybean oil purchases from South America from April to July 2026, at 150,000 tons per month [1] - From January 1st to 25th, Malaysia's palm oil production decreased by 14.81% month - on - month, with the fresh fruit bunch (FFB) yield down 15.28% and the oil extraction rate (OER) up 0.11% [1] - From January 1st to 20th, Malaysia's palm oil exports were 947,939 tons, an increase of 11.4% compared with 851,057 tons in the same period in December [1] - Indonesia's 2026 biodiesel total allocation is 15.65 billion liters, an increase of about 30 million liters compared with 2025. The PSO total allocation decreased, and the B50 mandatory addition plan is expected to start in the second half of 2026 [1][2] - As of the end of the 4th week of 2026, the total inventory of the three major edible oils in China was 2.0449 million tons, down 58,500 tons week - on - week, a 2.78% decrease and a 2.60% increase year - on - year. The inventory of different oils showed different trends [2] 3.1.3 Market Logic - Externally, the tense situation in the Middle East and winter storms tightened the expected supply of US crude oil, and international crude oil continued to rise, driving up the price of US soybean oil. The upward trend of Malaysian palm oil is expected to continue due to macro - narrative promotion and potential positive factors such as production decline and export growth [2] - Domestically, for soybean oil, the news is mixed. The customs tightened the clearance of imported soybeans, but the domestic auction of old imported soybeans was fully sold, and the oil mills had sufficient soybeans for crushing, with the Spring Festival stocking still ongoing. For palm oil, after the release of negative data from Southeast Asia, the market focused more on the US biodiesel policy expectations, and the improvement in export data boosted the price. For rapeseed oil, the new economic and trade agreement between China and Canada, the US tariff threat to Canada, and the Spring Festival stocking factors led to a sharp rise in price [2] 3.1.4 Trading Strategies - Unilateral trading: Continue to hold existing long positions in soybean oil and palm oil, and also hold long positions in rapeseed oil. Provide support and resistance levels for different contracts [2] - Arbitrage trading: None at present [2] 3.2 Two - Meal Sector 3.2.1 Market Review - On January 28th, with the shift of sector hotspots and the support of macro - narrative, the double - meal continued to rebound. For example, the main soybean meal contract M2605 closed at 2782 yuan/ton, up 0.58% day - on - day, with an increase of 5766 lots in open interest [2][3] 3.2.2 Important Information - Since the Sino - US trade truce agreement in late October, China has purchased about 12 million tons of US soybeans, fulfilling the commitment in advance [3] - The estimated soybean exports from Brazil in January 2026 are 3.79 million tons, higher than the previous estimate and a 238% increase from the same period last year [3] - StoneX predicts that Brazil's soybean production in the 2025/26 season may reach 178.9 million tons, higher than the USDA's previous estimate [3] - As of January 16th, Brazil's 2025/26 soybean harvest progress was 1.39%, and the harvest progress in Mato Grosso state was 6.69% [3] - As of December 30th, Argentina's 2025/26 soybean sowing was 82% complete, and the second - season soybean sowing progress reached 71.9% [3] - Safras & Mercado predicts that Brazil's 2026 soybean exports will be 105 million tons, a 3% decrease from the record in 2025, and the soybean crushing volume will reach 60 million tons, a 2.5% increase from last year [3] - ANEC estimates that Brazil's soybean exports in January 2026 will be 2.4 million tons, a 114% increase from the same period last year, and the annual exports in 2026 will reach a record 112 million tons [3] - As of the end of the 4th week of 2026, the domestic soybean meal inventory was 906,800 tons, down 4.35% week - on - week, and the contract volume decreased by 13.24% week - on - week. The inventory and contract volume of imported and crushed rapeseed meal remained unchanged [3] - The national grain trading center's auction of imported soybeans on January 13th had a 100% transaction rate [3] 3.2.3 Market Logic - Externally, the increasing drought risk in Argentina and the weaker US dollar led to the continued rise of US soybeans [4] - Domestically, in the spot market, the fixed - price and near - month basis of oil mills were mostly stable. The terminal pre - holiday stocking was nearing the end, and the oil mill inventory continued to decline. However, the high operating rate of oil mills and the alleviation of local vehicle - queuing problems made it difficult for the market trading volume to increase. Due to the renewed tension in Sino - Canadian trade relations affected by US remarks, the short - selling funds in rapeseed meal decreased, and the rapeseed meal futures price continued to rise. In the spot market, the downstream inventory - building rate slowed down due to policy fluctuations [4] 3.2.4 Trading Strategies - Unilateral trading: Operate the 05 and 09 contracts of double meals with a rebound mindset, and provide support and resistance levels for different contracts [4] - Arbitrage trading: None at present [4]

1. Report Industry Investment Ratings - No information provided on industry investment ratings in the given content. 2. Core Views - For the corn market, in the short - term, downstream enterprises' inventory - building pace slows down, and there is an expected wave of concentrated grain sales by farmers before the Spring Festival. In the medium - term, there is still inventory - building demand after the Spring Festival, and a wide - range trading strategy is maintained. In the long - term, the pricing logic is based on substitution and planting costs, with a focus on policy guidance [3]. - For the pig market, in the short - term, southern pig prices have dropped significantly, and there is a price inversion between the north and the south. In the medium - term, there is an expected increase in pig supply before March, and a supply pressure relief from April. In the long - term, there is still supply pressure before August, but the decline in the inventory of breeding sows at the end of 2025 was less than expected, leading to a downward shift in the expectations of far - month contracts [5]. - For the egg market, in the short - term, egg prices are slightly stronger, but the pattern of strong supply and weak demand in February may cause prices to fall again. In the medium - term, the supply pressure has not been fully released, and the upward momentum of spot prices is insufficient. In the long - term, the continuous expansion of egg - laying hen farming scale may limit the upward space of prices, and waiting for the process of capacity reduction driven by over - culling of hens [5]. 3. Summary by Related Catalogs Corn - **Market Review**: The corn futures fluctuated and consolidated in the night session yesterday. The main 2603 contract fell 0.39% and closed at 2270 yuan/ton [3]. - **Important Information**: Deep - processing enterprise quotes in the Northeast were stable at 2199 yuan/ton, and in North China, the average purchase price rose 2 yuan/ton to 2284 yuan/ton. The purchase price at Jinzhou Port dropped 10 yuan/ton to 2290 - 2300 yuan/ton, and the transaction price at Shekou Port dropped 10 yuan/ton to 2410 yuan/ton. The wheat - corn price difference in Shandong was 230 yuan/ton, unchanged from the previous day. The number of corn futures warehouse receipts increased by 2299 to 54345. The grain - selling progress in the Northeast was 62% and in North China was 53% [3]. - **Market Logic**: Short - term: focus on farmers' grain - selling progress; Medium - term: maintain a wide - range trading strategy and focus on the pace and intensity of policy - grain auctions; Long - term: follow the substitution and planting - cost pricing logic and focus on policy guidance [3]. - **Trading Strategy**: Maintain a wide - range trading strategy in the medium - term. For the 2603 contract, the pressure is at 2295 - 2310, the first support is at 2270, and the second support is at 2250 - 2260. For the 2605 contract, the pressure is at 2290 - 2300, and the support is at 2260 - 2270 [3]. Pig - **Market Review**: The pig futures continued to be weak yesterday. The main 2603 contract fell 0.88% and closed at 11270 yuan/ton [3]. - **Important Information**: The national average pig price was 12.57 yuan/kg, down 0.14 yuan/kg from the previous day. The inventory of breeding sows at the end of December was 39.61 million, a 2.9% year - on - year decrease, 101.6% of the normal level. The number of new - born piglets from January to September 2025 increased, and the number of piglet births in October and November 2025 decreased. The average slaughter weight of pigs increased to 124.66 kg. The fat - to - standard price difference was 0.41 yuan/jin, unchanged from the previous day. The number of pig futures warehouse receipts was 426, unchanged from the previous day [3][5]. - **Market Logic**: Short - term: pay attention to downstream stocking sentiment in the middle of the twelfth lunar month; Medium - term: there is an expected increase in pig supply before March, and a supply pressure relief from April, focus on the impact of diseases; Long - term: there is still supply pressure before August, and the expectations of far - month contracts have shifted downward [5]. - **Trading Strategy**: For the 2603 contract, the support is at 11000 - 11200, and the pressure is at 11500. For the 2605 contract, the support is at 11500 - 11600, and the pressure is at 11900. For the 2607 contract, the support is at 12200 - 12300, and the pressure is at 12500. For the 2609 contract, the support is at 13100 - 13200, and the pressure is at 13400 - 13500 [5]. Egg - **Market Review**: The egg futures showed mixed trends yesterday. The main 2603 contract fell 0.59% and closed at 3048 yuan/500KG [5]. - **Important Information**: The average egg price in the main production areas rose 0.04 yuan/jin to 3.96 yuan/jin, and in the main sales areas, it rose 0.06 yuan/jin to 4.23 yuan/jin. The inventory in the production process decreased by 0.01 days to 1 day, and the inventory in the circulation process remained at 1.07 days. The average price of old laying hens rose 0.05 yuan/jin to 4.62 yuan/jin. The estimated number of laying hens in January is 1.334 billion [5]. - **Market Logic**: Short - term: egg prices are slightly stronger, but may fall in February. Medium - term: supply pressure has not been fully released, and the upward momentum of spot prices is insufficient. Long - term: the expansion of the egg - laying hen farming scale may limit price increases, and wait for the capacity - reduction process driven by over - culling [5]. - **Trading Strategy**: Wait for short - selling opportunities in the near - month contracts after the spot price stops rising and the inventory accumulates. For the 2603 contract, the short - term pressure is at 3100, and it needs to effectively break below 3030 to open further downward space. Do not be overly optimistic about egg prices in the second half of the year before over - culling occurs [5].

Report Summary 1. Report Industry Investment Rating - Not mentioned in the provided content 2. Core Viewpoints - As of the week ending January 22, US soybean export sales are expected to net increase by 40 - 190 million tons, with 40 - 180 million tons in the 2025 - 26 season and 0 - 10 million tons in the 2026 - 27 season [1] - US soybean meal export sales are expected to net increase by 22.5 - 50 million tons in the 2025 - 26 season, and 0 tons in the 2026 - 27 season [1] - US soybean oil export sales are expected to net increase by 0 - 2.6 million tons in the 2025 - 26 season, and 0 tons in the 2026 - 27 season [1] - The predicted value of Australia's rapeseed production in the 2025/26 season is raised by 10% to 7.2 billion tons, with an estimated range of 7 - 7.4 billion tons [1] 3. Summary by Relevant Catalogs Overnight Market Information - US soybean export sales forecast: 40 - 190 million tons (40 - 180 million tons in 2025 - 26, 0 - 10 million tons in 2026 - 27) [1] - US soybean meal export sales forecast: 22.5 - 50 million tons in 2025 - 26, 0 tons in 2026 - 27 [1] - US soybean oil export sales forecast: 0 - 2.6 million tons in 2025 - 26, 0 tons in 2026 - 27 [1] - Australia's rapeseed production forecast: increased by 10% to 7.2 billion tons, range 7 - 7.4 billion tons [1] Spot Prices | Date | Soybean Meal (Jiangsu) | Rapeseed Meal (Guangdong) | Soybean Oil (Jiangsu) | Palm Oil (Guangzhou) | Rapeseed Oil (Jiangsu) | | --- | --- | --- | --- | --- | --- | | 2026/01/22 | 3070 | 2400 | 8600 | 8910 | 9840 | | 2026/01/23 | 3070 | 2390 | 8570 | 8880 | 9810 | | 2026/01/26 | 3070 | 2430 | 8660 | 9060 | 9990 | | 2026/01/27 | 3070 | 2430 | 8670 | 9210 | 10130 | | 2026/01/28 | 3070 | 2460 | 8740 | 9240 | 10160 | [4] Protein Meal Basis - Not detailed in the provided content [5] Oil Basis - Not detailed in the provided content [5] Oil and Oilseed Futures Spreads - Not detailed in the provided content [7]

农产品早报 研究中心农产品团队 2026/01/29 玉米/淀粉 玉米 淀粉 日期 长春 锦州 潍坊 蛇口 基差 贸易利润 进口盈亏 黑龙江 潍坊 基差 加工利润 2026/01/22 2180 2300 2260 2430 5 -10 326 2750 2820 86 -70 2026/01/23 2180 2300 2260 2440 0 0 338 2750 2820 80 -90 2026/01/26 2190 2300 2260 2440 7 0 318 2750 2820 97 -90 2026/01/27 2190 2300 2270 2440 17 0 325 2750 2820 155 -92 2026/01/28 2190 2290 2280 2440 16 10 328 2750 2820 165 -92 变化 0 -10 10 0 -1 10 3 0 0 10 0 【行情分析】： 玉米：市场情绪些许扰动，本周港口现货先抑后扬，价格基本维持上周水平。短期看，在产地依旧挺价惜售的氛围下，虽然有储备轮储补充， 但是供应增量依旧受限。再加上当期渠道整体库存量不高，下游又有备货的预期的支撑下，玉 ...

1. Report Industry Investment Rating - No relevant content provided. 2. Core Views of the Report - The report provides a comprehensive analysis of various sectors including macro - finance, black commodities, non - ferrous metals, agriculture, and energy - chemical. It presents trend judgments and trading strategies for different futures products based on fundamental and technical indicators, as well as macro - economic and geopolitical factors. 3. Summary by Related Catalogs 3.1 Based on Fundamental and Technical Indicators 3.1.1 Fundamental Indicators - Trend空头: Eggs, zinc, etc. [4] - Oscillation with a bearish bias: Red dates, Shanghai Composite 50 Index Futures, etc. [4] - Oscillation: PVC, sugar, etc. [4] - Oscillation with a bullish bias: White sugar, five - year treasury bond futures, etc. [4] - Trend bullish: Cotton, ten - year treasury bond futures, etc. [4] 3.1.2 Technical Indicators - Bearish: PTA, soybean meal No.2, etc. [6] - Oscillation: Rebar, coking coal, etc. [6] - Bullish: Manganese silicon, hot - rolled coil, etc. [6] 3.2 Macro - economic News - Trump threatened Iran again, and Iran was on high alert [8]. - The Fed kept the benchmark interest rate unchanged at 3.50% - 3.75%, and there was uncertainty in the economic outlook [8]. - There was news about changes in quantitative stock trading rules, but no relevant requirements were received by private equity funds [8]. - By the end of 2025, the total installed power generation capacity in China reached 3.89 billion kilowatts, with solar and wind power growing significantly [9]. - Some real - estate enterprises were no longer required to report "three red lines" indicators, but troubled enterprises still had reporting obligations [9]. - The Bank of Japan might continue to raise interest rates if the outlook was in line with expectations [9]. - Futures exchanges tightened risk - control measures, such as adjusting margin levels and price limits [9]. 3.3 Macro - finance 3.3.1 Stock Index Futures - The upward trend of IC/IM may continue, and trend - following strategies are recommended. The A - share market was volatile, with resource stocks rising and the photovoltaic industry chain adjusting. The market turnover increased, and small - and medium - cap stocks outperformed large - cap stocks [11]. 3.3.2 Treasury Bond Futures - The bond market sentiment improved, and the short - term rebound trend may continue. The capital market became looser, and the central bank's medium - term liquidity injection increased, indicating a shift towards a looser monetary policy [12]. 3.4 Black Commodities 3.4.1 Coal and Coking - The prices of coking coal and coke may oscillate in the short term. Coal mine production increased slightly, and the first round of coke price increase was basically implemented. However, the coking profit shrank, and the supply - demand contradiction may improve during the Spring Festival [13][14]. 3.4.2 Ferroalloys - For ferrosilicon, there was a small supply gap before the daily production in the main production areas increased significantly, and it was recommended to go long on dips. For manganese silicon, it was recommended to hold short positions from previous highs and not to enter new positions unilaterally [15]. 3.4.3 Soda Ash and Glass - It was recommended to wait and see. The supply of soda ash was at a high level, and there was an expected increase in new capacity. The market expected the glass supply to resume production. The supply - demand contradiction in soda ash was difficult to reverse, and the inventory of glass needed to be digested [16]. 3.5 Non - ferrous Metals and New Materials 3.5.1 Zinc - The zinc price was still strong, but it might be affected by the possible decline of precious metals. It was recommended to wait and see or re - enter short positions. The domestic zinc inventory decreased, but the downstream demand was weak [18][19]. 3.5.2 Lead - It was recommended to wait and see and hold previous short positions. The lead inventory increased, and the price continued to decline. The production of secondary lead enterprises decreased, and the downstream demand was limited [19][21]. 3.5.3 Lithium Carbonate - After a short - term correction, the price center of lithium carbonate may still rise, with wide - range oscillations. The demand increased, and the supply was disturbed, but market supervision was strict [22]. 3.5.4 Industrial Silicon and Polysilicon - Industrial silicon may run strongly in the short term but was pressured by the pessimistic outlook. It was recommended to sell out - of - the - money call options after a rebound. Polysilicon was under strict position limits and was expected to oscillate. It was necessary to wait for the guidance of the industry meeting [23]. 3.6 Agricultural Products 3.6.1 Cotton - Zhengzhou cotton entered a high - level and strong consolidation state. It was recommended to conduct short - term trading. The short - term supply was loose, but the long - term supply was expected to shrink. The USDA report was positive, and Brazilian cotton production decreased [25][26]. 3.6.2 Sugar - Domestic sugar was under pressure from supply and weak demand. It was recommended to conduct short - term trading in the low - level range. The global sugar supply surplus was still a concern, and the domestic supply pressure increased during the seasonal production period [27][28]. 3.6.3 Eggs - The spot price of eggs may weaken before the Spring Festival. It was recommended to have a bearish view on the main 03 contract. The egg - laying hen inventory was high, but it was expected to decline. The far - month contracts may be weaker due to increased replenishment [29][30]. 3.6.4 Apples - The apple futures price may run strongly. The apple出库 was slightly lower year - on - year, and the sales area market had stable demand and higher prices. The Spring Festival stocking continued, and the high - quality apple prices remained firm [31][32]. 3.6.5 Corn - The corn futures price was highly controversial. It was recommended to focus on the port collection situation and conduct short - term trading. The spot price was stable, and the price was supported by pre - festival replenishment but was restricted by policy grain release and future import substitution [32]. 3.6.6 Red Dates - It was necessary to closely monitor the market performance during the consumption peak season. The red dates market was expected to oscillate weakly. The new - season red dates had price and quality advantages, but the consumption growth was limited [33]. 3.6.7 Pigs - The supply and demand of pigs both increased, and the spot market had intense competition. It was recommended to pay attention to the impact of weight reduction before the Spring Festival on the spot price and look for opportunities to go short on the near - month contracts [34]. 3.7 Energy - Chemical 3.7.1 Crude Oil - The US pressure on Iran continued, and the supply - surplus problem was still severe. The geopolitical premium was high. The US EIA crude oil inventory decreased, and the international oil price rose [36]. 3.7.2 Fuel Oil - The fuel oil price was mainly affected by the geopolitical situation and the oil price. The supply - demand situation improved marginally, and the price would follow the oil price [37]. 3.7.3 Plastics - Polyolefins had large supply pressure and weak downstream demand. The upstream was in a loss state, and the price may rebound slightly but with limited space. It was necessary to prevent a callback [38]. 3.7.4 Rubber - The rubber price may be supported by pre - festival downstream replenishment and the upcoming off - season in overseas production areas. It was recommended to sell out - of - the - money put options on dips and pay attention to the spread between natural and synthetic rubber [39]. 3.7.5 Synthetic Rubber - Synthetic rubber may maintain a strong trend due to the expected tight supply of butadiene in the first half of the year. It was recommended to go long on dips and pay attention to the narrowing spread with natural rubber [40]. 3.7.6 Methanol - The methanol supply - demand situation improved slightly in the long term, but there was still a risk of inventory accumulation in the short term. The price may decline slightly after the geopolitical situation eased. It was recommended to reduce long positions temporarily [41]. 3.7.7 Caustic Soda - The caustic soda production was at a high level, and the profit of chlor - alkali enterprises was poor. The far - month contracts could be considered from a bullish perspective [42]. 3.7.8 Asphalt - The asphalt price followed the oil price and may oscillate strongly in the short term. It was necessary to pay attention to the geopolitical situation and the change of raw material premium [43]. 3.7.9 PVC - The recent rise of PVC was due to the expected policy of capacity reduction and increased exports. However, the core supply - demand contradiction remained. It was necessary to prevent a callback [44][45]. 3.7.10 Polyester Industry Chain - The near - end fundamentals of the polyester chain were weak due to the seasonal off - season, but the cost support limited the downward space. It was recommended to go long on dips or conduct positive spreads between May and September contracts [46]. 3.7.11 Liquefied Petroleum Gas (LPG) - The LPG price increased due to the high import cost. It may run strongly in the short term but was recommended to be observed. In the long - term, it was advisable to go short on highs [47]. 3.7.12 Pulp - The pulp market had intense long - short competition, and the price may oscillate. The spot market trading was weak, but the price was supported by the expected stable fundamentals and the high overseas prices [48]. 3.7.13 Logs - The fundamentals of logs were strong, and the spot price was stable. The finished product price increased due to the rising raw material cost. The market was expected to maintain a supply - demand balance [49]. 3.7.14 Urea - The urea futures market was expected to oscillate strongly. The spot price rose, and the futures market was affected by other related futures and geopolitical risks [50][51].

1月26日，2026咸阳新春年货购物节系列活动启动。本次年货购物节在咸阳各县（市、区）同步开 展，将持续至2月13日。市级会场设在咸阳老街、中华广场、人民广场，设置展位430余个，参展企业近 500家，涵盖农特产品、糖酒食品、年庆礼品、服装服饰、日用百货以及以旧换新等10多个领域。 1月26日至3月3日，咸阳将依托新春年货购物节，同步举办全市网上年货节，邀请网红达人、非遗 代表性传承人现场直播，满足群众多渠道购物需求。2月10日至4月9日，咸阳将聚焦百货、商超、餐 饮、成品油等重点领域，投放500万元专项消费券，咸阳相关县（市、区）也将结合实际，投放专项消 费券，引导企业叠加优惠，让群众享受实惠。（记者：琚鹏飞） "此次新春年货购物节活动规模大、持续时间长、覆盖面广，打通了商旅文、吃住用各环节，引导 上下游、产供销企业广泛参与。"咸阳市商务局相关负责人说，系列活动旨在以更高质量的商品供给和 更好的消费体验满足居民多元化、个性化消费需求，促进经营主体稳定发展，激发市场消费活力，让群 众在欢度新春佳节的同时畅享更多乐趣。 ...

下一步，山东省将继续沿着科技兴农、绿色兴农、质量兴农、品牌强农的发展路径，精耕"土特产"文 章，持续壮大名特优新农产品阵营，不断提升山东优质农产品的知名度、美誉度与市场竞争力，为全面 推进农业强省建设、谱写乡村振兴齐鲁新篇章注入强劲动力。 据了解，山东省2025年深化改革并成功构建省、市、县三级联动的名特优新农产品认定管理机制，形成 省级统筹指导、市级推进落实、县级协调服务的工作格局，全面提升全省名特优新农产品管理服务水 平。加强对重点产品现场核查与指导服务，对6个畜牧类名特优新农产品开展营养品质稳定性跟踪监测 评价，品质指标达标率保持100％。同时，组织实施全省名特优新农产品资源普查，制定专项工作方 案，系统梳理收录260余个区域特色农产品信息，全面摸清优质特色农产品资源家底，为规模提升、结 构优化与精准培育提供了科学支撑。同时，山东持续擦亮"鲁字号"金名片，组织173家企业、133个产品 参加2025年全国名特优新农产品产销对接活动，山东展区荣获"最佳组织奖"，品牌影响力持续提升。 据山东省农业农村厅1月28日消息，2025年，山东省将培育名特优新农产品作为提升农业质量效益和竞 争力的重要抓手，坚持数量与 ...

Core Insights - The total import and export value of Hebei Province to countries involved in the Belt and Road Initiative is projected to reach 440.53 billion yuan by 2025, reflecting a year-on-year growth of 22.9% [1] - The share of trade with Belt and Road countries in the province's total foreign trade value has increased by 6.8 percentage points compared to the previous year [1] Group 1: Trade Performance - Exports to Belt and Road countries are expected to be 243.87 billion yuan in 2025, marking a year-on-year increase of 10.1% [2] - Imports from these countries are projected to reach 196.66 billion yuan, showing a significant year-on-year growth of 43.8% [2] - Trade with Middle Eastern countries is anticipated to reach 96.56 billion yuan, with a remarkable year-on-year increase of 71.9% [2] - Trade with African countries is expected to total 64.2 billion yuan, reflecting a year-on-year growth of 51.7% [2] Group 2: Industry Cooperation - The manufacturing sector is a key area of cooperation, with exports of electromechanical products, pharmaceuticals, and other industrial goods leading the way [2] - Exports of electromechanical products are projected to be 111.41 billion yuan, with a year-on-year growth of 6.6% [2] - The demand for bulk commodities such as energy and metal ores is driving imports, with iron ore and aluminum ore imports expected to reach 24.42 billion yuan and 10.04 billion yuan, respectively, reflecting year-on-year increases of 7.9% and 41.9% [2] Group 3: Agricultural Products - The import of agricultural products from Belt and Road countries is expected to reach 32.51 billion yuan [3] - Notable increases in imports include frozen shrimp from Myanmar and Ecuador, with year-on-year growth rates of 634.6% and 11.6%, respectively [3] - The import of sunflower oil from Kazakhstan is projected to grow by 50.8%, while cherries from Chile are expected to see a year-on-year increase of 21.2% [3] - Exports of agricultural products such as potato starch, apples, and fresh pears are also gaining popularity, with year-on-year growth rates of 535.1%, 43.2%, and 12.9%, respectively [3]

Core Insights - The article highlights the transformative impact of digital financial services like M-Pesa on rural farmers in Kenya, showcasing the broader trend of digital financial inclusion across Africa, which has over 51 million users [1] - The International Monetary Fund (IMF) projects that Africa's economy will show resilience and steady growth, with a forecasted growth rate of over 4% in 2026, surpassing the global average [1][2] Economic Growth Projections - Africa is expected to remain a hub for high-growth economies, with at least half of the world's fastest-growing economies located on the continent [2] - The African Development Bank forecasts a 4.2% economic growth rate for 2025, increasing to approximately 4.3% in 2026, with 13 African countries projected to exceed 6% growth [2] Debt and Inflation Trends - The median public debt-to-GDP ratio for African countries is projected to decrease from 66.3% in 2023 to 65.5% in 2024, remaining below 65% through 2026 [2] - The average inflation rate in the region is expected to decline from 13.7% in 2025 to 10.3% in 2026, creating a more favorable fiscal environment [2] Regional Economic Performance - East Africa is projected to maintain a growth rate of about 6.2% in 2026, driven by investments in agriculture and energy infrastructure [3] - West Africa is undergoing significant economic transformation, with countries like Senegal, Guinea, Côte d'Ivoire, and Ghana expected to achieve over 6% growth in 2026 [3] - Southern Africa faces slower growth due to challenges like power shortages and high domestic interest rates, but a moderate recovery is anticipated in the latter half of 2026 [3] Digital and E-commerce Growth - The rapid proliferation of digital technology and e-commerce is significantly contributing to Africa's economic growth, with active mobile payment accounts exceeding 800 million in sub-Saharan Africa [4] - The e-commerce market in Africa is experiencing rapid growth, with user numbers increasing at an annual rate of approximately 18% since 2014, projected to reach about 518 million users by 2025 [4] Renewable Energy Initiatives - African nations are accelerating the development of green energy projects to address energy bottlenecks, with South Africa aiming to attract over 130 billion rand in private investment for renewable energy by 2030 [5] - Ethiopia is exploring various renewable energy sources, while Morocco aims to capture 4% of the global green hydrogen market by 2030 [5] Trade and Investment Dynamics - China remains Africa's largest trading partner, with bilateral trade exceeding $300 billion for the first time in 2025, reflecting a diverse trade structure [6] - The African Continental Free Trade Area is progressing, with 48 countries having ratified the agreement, expected to boost intra-African trade significantly by 2045 [5][6] Infrastructure and Cooperation - Significant progress has been made in infrastructure projects, such as the completion of the Guinea-Bissau bridge and the activation of the Tanzania-Zambia Railway project [7] - Chinese enterprises are increasingly involved in infrastructure and renewable energy projects across Africa, contributing to the continent's industrialization and economic integration [7]

Core Insights - Brazil's Santos Port is projected to handle a total cargo throughput of 186.4 million tons in 2025, reflecting a year-on-year growth of 3.6% [2] - Container throughput reached a record high of 5.9 million TEUs, weighing 62.3 million tons, indicating robust growth [2] - China remains the largest trading partner of Santos Port, accounting for 29.6% of total imports and exports [2] Cargo Structure - Solid bulk cargo throughput reached 94.5 million tons, with significant increases in soybean and pulp exports, growing by 18.9% and 21.5% respectively [2] - Conversely, sugar, corn, and liquid bulk cargoes experienced declines, with year-on-year decreases of 10.8%, 4.6%, and 6.3% respectively [2] Trade Dynamics - Export goods saw a year-on-year increase of 4.6%, while imports remained stable [2] - The performance of Santos Port reflects not only the resilience of port operations but also the accuracy of investment directions, highlighting Brazil's increasing activity in the global trade system [2]