News

At present, the main winter rapeseed producing areas have entered the peak harvest period. In China, winter rapeseed is mainly grown in the Yangtze River Basin, accounting for about 85% of the country’s total planting area and yield. Currently, over 40% of the winter rapeseed in the Yangtze River Basin has been harvested, progressing slightly faster than the same period last year.

```htmlGolden Ten Data reported on May 17 that Hongqiao Holdings stated at its performance briefing on May 15 that, according to publicly available industry data, aluminum rods have been destocked continuously since mid-March 2026. This year, factors such as the late timing of the Spring Festival, delayed off-season, and downstream stocking pace affected by high aluminum prices have led to relatively slow destocking of aluminum ingots. However, recently, there have been signs of marginal decline in social inventory of electrolytic aluminum, and the destocking trend still needs to be continuously observed based on subsequent downstream production, spot transactions, and arrivals. This year, social inventory of aluminum ingots remains at a relatively high level, mainly related to the following factors: first, demand recovery after the Spring Festival has been delayed, and downstream delivery and stocking have been relatively cautious; second, aluminum prices are at a relatively high level, which has a certain impact on downstream procurement pace and periodically leads to more inventory being concentrated in upstream and distribution links; third, there are differences in inventory performance among various product forms—the destocking pace of aluminum rods, aluminum ingots, and processed materials is not completely consistent. Overall, as downstream demand continues to be released, social inventory of aluminum ingots has shown signs of marginal improvement; however, the specific timing and extent of destocking will depend on market supply and demand, price levels, and arrival pace.```

ChainCatcher news, according to token unlocking data from Web3 asset data platform RootData, SoSoValue (SOSO) will unlock approximately 15.82 million tokens at 10:00 (UTC+8) on May 24, with a value of about 5.88 million US dollars.