China's 15th Five-Year Plan Aims to Tackle High-Quality Development Barriers and Enhance Energy Markets

According to Polar Power Grid, to accelerate the development of virtual power plants and leverage their positive role in supply assurance, operational regulation, and new energy integration, the first batch of virtual power plant pilot applications will be organized across Jiangxi Province, in accordance with documents such as the "Jiangxi Province Work Plan for Promoting High-Quality Development of Virtual Power Plants" and the "Jiangxi Province Guidelines for Virtual Power Plant Construction and Operation."

[SMM Analysis: Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard] According to data from the General Administration of Customs, China imported 2.704 million dmt of copper ore and concentrates in December 2025, a month-on-month increase of 7% and a year-on-year increase of 7.2%. From January to December, China’s cumulative imports of copper ore and concentrates reached 30.365 million dmt, a cumulative year-on-year increase of 7.8%.

【SMM News Flash】Citi Warns of Rising Risks in Commodity Markets - Despite Analysts' View of Weak Fundamentals in Copper Market, Copper Prices Surged Significantly This Week, While Crude Oil and Gold Markets Also Experienced Unusual Movements Due to Escalating Tensions in the Middle East. Tom Mulqueen, Head of Metals Research at Citi, Stated in a Report First Released on Thursday That, Driven by Capital Inflows Following the Rally in Precious Metals and a Weakening US Dollar, Copper Prices Could Climb to $15,000-16,000/mt in the Coming Weeks.