Minutes of SMM Bronze Morning meeting: real-time update, please refresh and watch
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Minutes of SMM Aluminium Morning meeting: real-time update, please refresh and watch
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Minutes of SMM lead Morning meeting: real-time update, please refresh and watch
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Minutes of SMM Zinc Morning meeting: real-time update, please refresh and watch
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SMM Tin Morning News: fundamentals, the spot market transaction prices continue to rise slightly, domestic warehouse receipt inventory continues to accumulate, the number of warehouse receipts is expected to rise slowly this week. The recent low heat of market funds indicates that the direction of the trend at this stage is unknown and the slow volatility is not attractive to over-the-counter funds, so there is a high probability that the trend will remain horizontal before it fails to recover heat in the short term.
"Shanghai-tin withdrew funds and left market volatility slowed down market cooling [SMM Tin Morning News]
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Summary of SMM Nickel Morning meeting: real-time update, please refresh and watch
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SMM Steel Morning meeting minutes: yesterday's weak operation of snails, spot end ups and downs, terminal rigid demand procurement, transactions are generally weak. Short-term bullish information is intertwined, steel prices up and down dilemma. Taken together, the supply has increased to a certain extent, the demand is accelerating and weakening, and the building materials may enter the seasonal accumulation stage.
"the third round of coke rises and falls to the ground, and the finished wood market is mixed [minutes of SMM Steel Morning meeting]
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On the dollar side: although the non-farm data released earlier were less than expected, but the employment data were close to full employment, the market was betting that the speeches made by officials at the Fed hearing and the US inflation data to be released this week would strengthen expectations of a rise in interest rates. the dollar index closed up 0.22% on Monday, recovering from the previous day's decline at one point in intraday trading. The rise in U.S. Treasury yields also supported the dollar, with the yield on the 10-year note hitting a nearly two-year high on Monday.
According to reports, Federal Reserve Chairman Powell said at the hearing that the US labor market is strong, the economy in the post-novel coronavirus epidemic period may not expand as in the previous round, and the Fed's monetary policy must remain extensive and forward-looking, prevent higher inflation from becoming deep-rooted, maintain Synchronize with the growing economy, and use tools to support the economy and the job market. The dollar index fluctuated near its overnight close after it opened in the morning.
Crude oil: with oil supply concerns abating in Kazakhstan and Libya and rapid expansion of Omicron, international crude oil futures recorded two consecutive declines on Monday, with US oil closing down 0.6 per cent and cloth oil closing down 0.92 per cent. Driven by a recovery in demand and a sharp decline in oil inventories, US oil and cloth oil futures entered a state of deficit. Us crude oil stocks may have fallen for the seventh consecutive week last week, according to a preliminary survey released on Monday. Short-term focus on the weekly crude oil inventory report to be released by the American Petroleum Institute on Wednesday.
Today's macro focus: China's December social financing scale, M2 supply, Australia's November imports and exports and the United States December NFIB small business confidence index and other data.
In the metals market: LME nickel futures remained near a two-month high on Monday as demand from the electric car battery industry dragged down inventories in LME registered warehouses, rising 0.22% to $20779 by night's close. Lun aluminum rose further to 0.57 per cent, driven by production cuts triggered by a surge in the cost of electricity in Europe. Lunxi rose 0.75%, the biggest increase. Lun zinc recorded the largest decline of 1.33%, Lun copper fell 0.89%, and lun lead fell slightly.
The internal market was also mixed. Shanghai Aluminum was also affected by the removal of stocks and production cuts. Shanghai Aluminum closed up 0.85% in night trading, while Shanghai nickel narrowed compared with Monday's daily gain, while Shanghai lead stopped falling and stabilized, rising slightly. Shanghai copper and tin failed to maintain the rising trend, falling by more than 0.5% from rising to falling, while Shanghai zinc maintained a downward trend, recording a 0.8% decline.
The trend of the black department was divided, iron ore stopped falling and reversed the trend, rising 1.07%, while stainless steel night trading maintained an upward trend, recording an increase of 1.97%. Thread, hot roll night plate continued to shock, close to the close straight down, failed to maintain the upward trend, fell slightly. In the night market of Shuangjiao, both fell, with coking coal down 1.84% and coke down 1.9%.
Precious metals: investors are waiting for key inflation data to be released later this week, which could support the Federal Reserve / FED to accelerate the pace of interest rate hikes. As a result, COMEX gold futures rose slightly on Monday, closing up 0.22%.
"[overnight market] Metals rise and fall each other. Shanghai Aluminium keeps rising iron ore up 1.07%.
[SMM mainstream copper inventory weekly data] as of Monday, January 10, SMM national mainstream copper market inventory increased by 2700 tons to 86400 tons compared with last Friday, has increased inventories for six consecutive weeks on Monday. Inventories in Chongqing, Chengdu and Tianjin declined slightly across the country over the weekend, while inventories in Shanghai, Guangdong and Jiangsu increased slightly. Inventories in Shanghai and Guangdong increased due to the increase in the arrival of imported copper, while the volume of goods received in Tianjin decreased due to the epidemic. "View details
[SMM copper brief review: employment data is not as expected Shanghai copper center of gravity lift intraday weak shock] after the opening of the Shanghai copper main 02 contract today, it was arranged around a narrow range of 69820 yuan / ton, then the shock slid to a bottom of 69682 yuan / ton near the daily moving average line, and then slowly climbed, reaching a high of 69890 yuan / ton before the close of noon and finally closed at 69830 yuan / ton. After opening in the afternoon, the market continued to move slightly down at 69770 yuan / ton and rose slightly to 50 yuan / ton. After falling again to the daily average line in the last session, it rose again, and finally closed at 69780 yuan / ton. "View details
[SMM data: domestic electrolytic aluminum social inventory decreased by 24000 tons compared with last Thursday] on January 10, 2022, SMM counted domestic electrolytic aluminum social inventory of 752000 tons, down 24000 tons compared with last Thursday. Shanghai, Wuxi, Nanhai, Gongyi contributed a decrease, mainly due to the local storage efforts, coupled with the relatively small arrival of goods. "View details
[SMM analysis: continuous warehouse declines support aluminum prices continue to strengthen but fundamentals show signs of weakening] according to SMM data, domestic electrolytic aluminum social inventory this week 752000 tons, down 24000 tons from last Thursday, continuous going to the warehouse triggered market sentiment to drive aluminum prices to continue to rise. Shanghai Aluminum maintained a slight upward trend at the start of trading today, rising 1.10% to 21230 yuan / ton by midday close. SMM believes that the fundamental support of aluminum prices is gradually weakening, and it is necessary to continue to pay attention to the fermentation of electrolytic aluminum production reduction caused by energy shortage in Europe and the change of domestic electrolytic aluminum inventory. "View details
[SMM aluminum brief review: intra-day aluminum maintenance strong record of four Lianyang] Today, Shanghai Aluminum's main 2202 contract opened at 21000 yuan / ton in early trading, maintained a narrow range at the beginning of the session, and then rallied strongly, hitting an intraday high of 21260 yuan / ton, with a minimum of 20950 yuan / ton, closing at 21225 yuan / ton, up 95 yuan / ton from yesterday, or 0.45%, recording four Lianyang. The position decreased by 13217 lots compared with the previous day, and today's trading volume. "check the details
According to SMM research, the total inventory of lead ingots in the five places reached 91600 tons as of January 10, down 1700 tons from last Friday and 1700 tons from Tuesday. "View details
[brief review of SMM lead: during the day, Shanghai lead first suppressed and then rose. During the day, the Shanghai lead 2202 contract opened at 15215 yuan / ton. After the opening, shock weakened and tried to test the first-line support level of 15050 yuan / ton. The low reached 15065 yuan / ton. After a short period of stabilization, the upward rally reached the intraday moving average, and finally closed at 15190 yuan / ton. "View details
[SMM data: SMM seven zinc ingots social inventory increased by 5400 tons compared with last Friday] according to SMM, as of Monday, the total inventory of SMM seven zinc ingots was 126800 tons, an increase of 1300 tons from last Friday, and a decrease of 4200 tons from last Tuesday. "View details
[SMM zinc brief review: zinc inventory weekend increment limited cost end to give zinc price support] fundamentals, according to SMM statistics, seven places inventory increased by 1300 tons over the weekend, the overall accumulation range is relatively low. On the whole, we still need to pay attention to the problem of power shortage in Europe. "View details
With the Spring Festival holiday approaching, upstream and downstream enterprises are currently in a state of weak supply and demand, and the willingness to hold long and short funds is on the low side, so there is a high probability of maintaining a high horizontal market in the current trend. "View details
[SMM Nickel brief Review: the sharp rise in stainless steel drives the low level of nickel inventory to support nickel] Today, the main contract of Shanghai Nickel fluctuated upwards, opened at 153380 yuan / ton in the morning, rose to 154500 at the beginning of the day, and the long profit reduced the nickel price slightly. After 10:00, nickel prices were supported and rose again. "View details
[Foshan stainless Steel Daily Review: the SS contract is rising rapidly, but the market is more Buddhist.] SMM, January 10: the prices of all series of stainless steel this morning are basically the same, the transaction is not much better, compared with before, the mood of traders is actually not very high, after all, it is close to the holiday. "check the details.
[SMM analysis: stainless steel SS contracts are up more than 3% driven by production reduction and news] stainless steel SS2202 contracts have gradually rebounded since mid-December, partly due to the previous overfall and profit repair after falling below the cost line. Today, however, it has risen by more than 3%, an increase of nearly 600 yuan per ton. On the one hand, steel mills have production reduction plans during the Spring Festival, the supply is reduced, and the current spot volume in the market is tight, and the rigid market demand and the release of part of the stock replenishment demand will promote the price to a certain extent. "View details
[SMM concern: Tianjin sudden outbreak of Chrome Mine Transportation blocked Freight] recently, the number of confirmed cases in Tianjin reached 21 in a single day on January 9, 1 high-risk area and 6 medium-risk areas in Tianjin, concentrated in Xinzhuang Town and Xianshuigu Town in Jinnan District, requiring nucleic acid testing of personnel in the area to be completed within 24 hours. "View details
[SMM Daily Review: the price of chromium ore stabilizes the epidemic or becomes the key word] on January 10, 2022, the spot price of 40-42% concentrate powder in South Africa is 30-30.5 yuan / tonnage; the spot price of 42-44% concentrate powder in South Africa is 35-36 yuan / tonnage; the spot price of 40-42% raw ore in South Africa is 40.5-42.5 yuan / tonnage; the spot price of 40-42% ore in Turkey is 59-60 yuan / tonnage, and the price remains unchanged. "View details
[SMM Daily Review: although the transportation of raw materials is blocked, the supply is expected to exceed the demand and the price of high chromium is difficult to rise] on January 10th, Inner Mongolia's high-carbon ferrochrome quoted price of 7900-8200 yuan / 50 base tons, the same as the previous trading day; although market sentiment is still relatively pessimistic, under the news of production restrictions in Inner Mongolia, some Inner Mongolia iron mills suspended shipments; Tianjin sudden epidemic, chromium ore transport blocked, disrupted some iron mills year-end procurement plan, mining prices have not been affected; Coke prices rise, high chromium costs are expected to rise; although production restrictions are expected and costs rise, but the supply is still relatively loose, steel demand is weak, high chromium prices are difficult to rise. "View details
[SMM concern: the Hardey project is expected to restart and the first batch of ore is expected to be shipped in 2023.] on December 23, Hancock, Australia's fourth-largest iron ore producer, signed an agreement with China's Baowu and its partners to export iron ore from the Hardey project through the Roy Hill Railway and seaport. "for details, the iron ore project is expected to restart.
[SMM hot rolling scheduling report: hot rolling scheduling continues to increase steel mill export plan surges nearly 3 times month-on-month] SMM Steel: according to the latest tracking of SMM, the planned hot-rolled commodity volume of 35 mainstream hot-rolled steel mills surveyed in January totaled 9.9483 million tons, an increase of 561300 tons over the actual hot-rolled commodity output in December, and an increase of 5.98 percent over the previous month. "View details
[SMM: trading atmosphere in Manganese City was calm at the beginning of the week] the spot price of electrolytic manganese in the main producing areas, including tax, was flat last Friday, and the average price was around 41000-42000 yuan / ton. FOB's quotation today is stable around 6500-6600 US dollars / ton. The spot negotiations and transactions of electrolytic manganese in China were not active on Monday, and some manufacturers said that they had delivered a small amount of the remaining orders by mid-January. "View details
[SMM comment: geometry of impact on transportation of manganese ore during the outbreak of epidemic situation in Tianjin] according to SMM, at present, warehouses such as inspection and release in Tianjin Port have been affected and suspended from storage, and the transportation of most manganese mines has not been greatly affected for the time being. Near the end of the New year, the winter storage of some iron mills was completed at the end of December. at present, manganese ore procurement is mainly concentrated in sporadic procurement of small and large iron plants, the impact is relatively small. "View details
[SMM Silicon Manganese Daily Review: at the beginning of the week, the willingness to quote silicon and manganese market is not high. Iron mills mainly deliver orders.] on January 10, 6517 (cash) of silicon and manganese in the northern market was 7950-8150 yuan / ton, and 6517 (cash) of silicon-manganese in the southern market was 7850-8150 yuan / ton. At the beginning of the week, the willingness of the market to quote is not high, and the price of silicon and manganese runs steadily. "View details
[SMM Daily Review: the price of metallurgical grade low-grade silicon is slightly weaker] Today, the price of silicon for a small number of metals has decreased slightly, and the remaining specifications have been temporarily stable. East China does not have oxygen 55 silicon at 19200-19400 yuan / ton, and oxygen-ventilated silicon at 19500-19700 yuan / ton. The quotation of oxygenated 55 silicon plant rose and fell in parallel today. "View details
[SMM molybdenum spot KuaiBao: molybdenum mine volume market is about to hold steady concern] Today, the mainstream transaction prices of 45% molybdenum concentrate in China are 2310-2330 yuan / tonnage, and 60% molybdenum-iron mainstream transaction prices are 15.5-160000 yuan / ton, the prices are stable compared with last week. According to SMM statistics, as of last January, the total amount of ferromolybdenum bidding for steel mills was about 5700 tons, the bidding situation of steel mills was good, the market heat continued to maintain, the center of gravity of bidding prices continued to move closer to 160000 / ton, and the market kept selling resources at low prices. "View details
[SMM magnesium ingot spot KuaiBao: quotation polarization magnesium price high callback] SMM analysis believes that the epidemic in Tianjin this week may delay the issuance of overseas orders this week, and it is uncertain whether magnesium prices will rebound under the support of foreign trade orders in the future, but in view of the low overall acceptance of current magnesium prices downstream and the influence of inventory recovery in various factories, magnesium price support is relatively limited. Magnesium prices are expected to maintain a high consolidation trend in the near future, and SMM will continue to pay attention to the changes in overseas orders. "View details
[SMM Daily Review: affected by the imminent outage of logistics, the mainstream prices of rare earths continue to rise and terbium increases] it is reported that logistics in Jiangxi, Inner Mongolia and other places began to shut down one after another. Affected by the outage of logistics, the spot purchasing demand in the market has continued to be strong for nearly two weeks, and the spot prices of mainstream rare earths have risen. In terms of praseodymium-neodymium system market, a small amount of praseodymium-neodymium oxide traded at 90-910000 yuan / ton today, while praseodymium-neodymium metal reported mainstream to 110-1.11 million "View details
[Peruvian mining tax revenue increases 60 per cent] (MINEM), Peru's Ministry of Energy and Mines, released a report that regional and local governments' mining tax revenues increased by 60 per cent in 2021. Last year, revenues from mining regulations, legal and contractual mining royalties, royalties and fines totaled $1.677 trillion, up from $1 trillion registered in 2020, according to the Ministry.
[BHP cuts more jobs at water-strapped Chilean copper mine] BHP Billiton has taken another step in reducing the size of its smallest copper mine in Chile because its license is about to expire and efforts to regain groundwater supplies. Owner BHP Billiton said in a statement on Thursday that the, Cerro Colorado mine cut 35 jobs. As production and ore quality decline, the reduction is part of a so-called downgrade plan launched in 2020, and the mine's environmental permit is scheduled to expire at the end of next year. "View details
[Pembridge will increase copper production at the Minto mine] Pembridge Resources (LON: PERE) said on Friday that its Canadian subsidiary Minto Metals (CVE: MNTO) 's copper production jumped 46% in 2021 and said it had delayed paying $5 million to Capstone Mining, from which it bought the Minto mine in 2019. "View details
[Huaan Securities: supply disturbances boost aluminum prices and reserve sentiment drives lithium prices soaring] the overall cash market for basic metals this week is relatively strong. Aluminum prices are on an upward trend this week, up 4.52% from the same period last week. As the European energy crisis continues to ferment, the rising cost of natural gas and electricity in Europe has prompted a number of local aluminum plants to plan to reduce or stop production, which currently has a production capacity of about 800000 tons. In terms of domestic supply, Guangxi Duodi Aluminum Plant speeds up the resumption of production, but the short-term increment is limited. On the demand side, the domestic downstream market consumption weakens, and the epidemic situation in many places aggravates the superimposed Winter Olympic Games production restrictions, and pre-festival consumption may further weaken. "View details
[Guosheng Securities: going to the Treasury highlights the resilience of Copper and Aluminum demand Cobalt and Lithium prices accelerate at the end of the year] in terms of basic metals, the rush to work at the end of the year led to a rebound in metal supply, and the continuous removal of warehouses downstream highlights demand resilience In terms of energy metals, the gap between supply and demand at the end of the year enlarged again, and the price of cobalt and lithium accelerated upward. In terms of precious metals, precious metals: us debt hit a two-year high as hawkish comments pushed down the price of precious metals. "View details
[Lun Aluminum stocks continue to fall back to an one-and-a-half-month low] London Metal Exchange (LME) data showed that Len aluminum stocks rose to 990550 tons on December 15, at an one-month high, and then inventory levels fell again. Lun aluminum inventories continued to fall last week, with the latest inventory level at 916875 tons. Data released last week showed that Shanghai aluminium inventories continued to decline last week, falling for three consecutive weeks. Shanghai aluminum weekly inventories fell 2.69 per cent to 314859 tonnes in the week of January 7, the lowest in a month and a half. "View details
[Guotai Junan Futures: internal and external aluminum price shocks mainly focus on today's inventory] Last week's strong aluminum price was due to the trading drive caused by the resonance between the domestic treasury deconvolution logic and the overseas production reduction logic. Recently, spot rising water in most parts of the country is higher than that in the previous two weeks. it is reported that some traders are unable to sell goods in the spot market, resulting in a tight supply of goods in the spot market, a decrease in the amount of goods arriving and shipments still at a relatively high water level, so the data of the community treasury has been removed. Long entry superimposed short positions pushed up aluminum prices. For the follow-up, we tend to think that the domestic fundamentals are weakening. On the one hand, the willingness to replenish the stock downstream of the bar factory is weaker, and the aluminum bar processing fee also continues to decline. On the other hand, Yunnan, Shanxi, Inner Mongolia and other aluminum plants begin to resume production to increase the release expectation of follow-up supply. All of the above are a drag on the follow-up fundamentals, or limit the room for aluminum prices to continue to rise. However, the overseas energy crisis is difficult to resolve in the short term, and local aluminum plants are still expected to reduce production, so aluminum prices may show a wide shock pattern under the subsequent split of internal and external fundamentals. It is suggested that we should pay attention to the overseas energy product crisis, the change of domestic social treasury, winter environmental protection policy and other variables. "View details
[the net profit of Yunhai Metal increased by 105.13% to 137.95% in volume and price in 2021 to boost the performance] on the evening of January 5, Yunhai Metals issued an annual performance forecast for 2021. From January 1, 2021 to December 31, 2021, the net profit belonging to shareholders of listed companies was 50000-580 million yuan, an increase of 105.13% and 137.95% over the same period last year.
[Shengda Resources 2021 net profit is expected to increase 55% muri 72%] Shengda Resources announced that it is expected to make a net profit of 450 million yuan to 500 million yuan in 2021, an increase of 54.84% and 72.04% over the same period last year. The company's mine output increased significantly over the same period last year; the average sales price of lead concentrate, zinc concentrate and other major products increased year-on-year.
[tin shares net repayment of 14.7875 million yuan on January 7, margin balance of 2.034 billion yuan] Information on margin trading of tin shares showed that the net repayment of financing on January 7, 2022 was 14.7875 million yuan, and the financing balance was 2.034 billion yuan, down 0.72% from the previous day. In terms of margin trading, 171300 shares were sold, 36800 shares were repaid, the margin was 1.73 million shares, and the balance was 33.9251 million yuan. The balance of margin trading totaled 2.068 billion yuan.
Market interpretation: how will the supply and demand of nickel market go in 2022? According to (INSG), an international nickel research group, the global nickel market is expected to be oversupplied by 76000 tons in 2022, compared with a shortage of 134000 tons in 2021. Global original nickel production is expected to reach 3.12 million tons in 2022, an increase of about 10 per cent over 2021, while demand is expected to be 3.044 million tons in 2022, an increase of about 18 per cent over 2021. "View details
[Yongjin's "annual production capacity of 250000 tons of precision stainless steel plate and strip project" is scheduled for trial production in March 2022] Yongjin shares said: Vietnam's Yongjin "annual production capacity of 250000 tons of precision stainless steel plate and strip project", due to the greater impact of the epidemic on shipping, installation personnel entry and exit, the overall progress has been slightly delayed. All the equipment has arrived in Vietnam in October 2021, and most of the main equipment has been installed. If all goes well, the project is expected to be put into trial production by the end of March this year. "View details
It is reported that Liugang Zhongjin stainless Steel Co., Ltd. plans to invest 821 million yuan (phase I) to build a stainless steel cold rolling project of Guangxi Liuzhou Iron and Steel Group Co., Ltd. in Longtan Town, Bobai County, Guangxi Yulin City, with an annual production capacity of 350000 tons of cold-rolled stainless steel sheet, including 200000 tons of bright annealing coil and 150000 tons of stainless steel 2e products. The raw materials of the project are stainless steel black coil, and the required raw materials for hot rolled stainless steel coil (black coil) are all supplied by Zhongjin 900mm hot continuous rolling of Liuzhou Iron and Steel Co., Ltd. "View details
[Xin'an shares: year-on-year net profit in 2021 increased by 344% muri 362%] Xin'an shares announced that it is expected to make a net profit of 2.6 billion yuan to 2.7 billion yuan in 2021, an increase of 344% Rue 362% over the same period last year. During the reporting period, the prices of the company's major products, including glyphosate, silicone, industrial silicon, etc., rose sharply over the same period last year, and the profit level increased significantly compared with the same period last year. Small financial note: the net profit of Q3 is 759 million yuan. Based on this, the net profit of Q4 is expected to be 999 million yuan to 1.099 billion yuan, an increase of 31% Murray 44% over the previous month.
[Chilean court rejects left-wing lawmakers' request for a bid for a 400000-ton lithium mine contract to continue] on Friday, local time, a Chilean court rejected a request made by members of Congress. The lawmakers tried to prevent the Chilean government from voting on the lithium mining contract. Chile announced in October last year that it would provide five quotas of 80, 000 tons to domestic and overseas companies, totaling 400000 tons of exploration and production contracts, and the winning bidder would be given seven years of exploration and development projects and 20 years of production time. The tender will close in mid-January. "View details
[Cologne New Energy High performance Ternary precursor material Xinyi Base Foundation laying ceremony officially held] on the morning of January 8, 2022, Cologne New Energy held the foundation laying ceremony of high performance ternary precursor material Xinyi Base in Xinyi Economic Development District. The first phase of the Cologne new energy high-performance ternary precursor material Xinyi base project plans to build an annual output of 100000 tons of precursor materials for high-performance power batteries, all of which will achieve an annual sales income of about 10 billion yuan. "View details
[industry: the relationship between supply and demand of lithium carbonate cannot balance the price rise in the short term or last until the middle of the year] with regard to the recent skyrocketing price of lithium carbonate, a person in charge of a lithium carbonate enterprise in Haixi, Qinghai, said that the relationship between supply and demand of lithium carbonate has been tense recently. it is settled at the "current price" every day. It is generally believed in the industry that the relationship between supply and demand can not be balanced in the short term, and the price rise may continue until the middle of the year.
[Chilean state agency: 73% of global lithium demand for electric vehicles by 2030] Chile's National Copper Commission released a report this week that the electric vehicle industry will account for 73% of lithium consumption by 2030, up from 41% in 2020. Demand for lithium related to mobile phones, computers, tablets and other consumption will reach 411000 tons, compared with 79000 tons in 2021.
[Baichuan shares: the company has invested in the construction of 20000 tons / year lithium battery resource utilization device in Ningxia base] Baichuan shares said on the investor interactive platform on January 8, the company has invested in the construction of 20000 tons / year lithium battery resource utilization equipment in Ningxia base (2000 tons of cobalt manganese catalyst, 2500 tons of lithium iron phosphate battery, 15500 tons of ternary battery), and has mastered the relevant technology.
[Lanke Lithium Industry: the output of lithium carbonate in 2021 is about 8000 tons higher than that in 2020.] on July 1, 2021, Lanke Lithium Co., Ltd. achieved a daily output of 100 tons of lithium carbonate, which attracted a lot of attention. The daily output has increased from more than 40 tons to 100 tons, and behind the 60-ton increase is the concerted efforts of the whole company. The annual output in 2021 is about 8000 tons higher than that in 2020. "View details
[Tibet's 14th five-year Plan or the large-scale development of lithium extraction from salt lakes still needs technical verification] the fifth session of the 11th people's Congress of the Tibet Autonomous region held a few days ago proposed that during the 14th five-year Plan period, Tibet planned to invest 601.5 billion yuan, an increase of 58 percent over the 13th five-year Plan. The market predicts that the salt lake in Tibet may be included in key construction projects. However, some people in the industry said that in addition to the imperfect infrastructure of the salt lake in Tibet, the technical problem is the main problem hindering the development of lithium extraction from the salt lake. "View details
[China Mineral Resources: the LiF technical renovation project that has been expanded to 6000 tons / year] China Mineral Resources said that the company has completed the LiF technical renovation project which was expanded to 6000 tons / year by the end of 2021. The technical renovation and recovery project of spodumene mining and separation system with an existing capacity of 120000 tons / year in the TANCO Mine of Canada was officially put into production on October 15, 2021 and has basically reached production. None of the above technical renovation projects will affect the original production capacity.
The demand for lithium will increase 40-fold in the next 20 years. An inventory of hot spots in the international lithium market in 2021] the international lithium price soared in 2021, the benchmark index doubled, and the price of major lithium products in China set a record. Lithium shortages not only drive up prices, but also prompt companies to increase supply, and lithium news has become a hot topic. "View details
[rapid increase in battery material demand Shi Da Shenghua expects net profit to exceed 1.17 billion yuan in 2021] on the evening of January 7, Shi Da Shenghua announced that it is expected to achieve a net profit of 1.17 billion yuan to 1.25 billion yuan in 2021, an increase of 350.36% over the same period last year. 381.15%. The company said that with the rapid growth of the new energy vehicle market, leading to a rapid increase in demand for upstream battery materials, sales and revenue of carbonate products have increased significantly compared with the same period last year.
[Wanshun Xinliao plans to raise no more than 1.7 billion yuan to expand production of 100000 tons of power and energy storage battery foil] on the evening of January 7, Wanshun Xincai disclosed stock issuance plans to specific targets, and the company intends to issue shares to no more than 35 specific objects. the total amount of funds raised shall not exceed 1.7 billion yuan, and at the same time no more than 198.7 million shares (including capital), will be used for the annual production of 100000 tons of power and energy storage battery foil projects and supplementary liquidity. "View details
[SMM News: the price of lithium carbonate is soaring all the way! Today, another 6000 yuan to 308000!] since the end of 2021, the price of lithium carbonate has soared, almost at an average daily price of more than 5000 yuan per ton. Since January 7, the average spot price of lithium carbonate has exceeded 300000 tons and continued to rise. As of January 10, according to the spot price of SMM, the average spot price of domestic battery-grade lithium carbonate was 308000 yuan / ton, up 6000 yuan / ton or 1.99% from the previous trading day. Battery-grade lithium hydroxide, which has a strong rising mood recently, is not willing to lag behind. For the third trading day in a row, it recorded a daily increase of 6000 yuan / ton, with an average price of 248500 yuan / ton.
[Enjie 002812.SZ and Yiwei Lithium Energy Co-build Battery separator Project] on January 6, Enjie shares (Enjie) disclosed the progress of the proposed joint venture with Yiwei Lithium Energy to build a wet lithium battery separator project. the project company has recently completed the industrial and commercial registration formalities and obtained the "Business license" issued by the Market Supervision and Management Bureau of Jingmen High-tech Zone (Qiandao Zone). The name of the company is Hubei Enjie New material Technology Co., Ltd. "View details
[100000 tons of high nickel order! The high nickel faucet with a pre-quadrupled annual performance is bound to "Ning Wang" and its future revenue is guaranteed? After issuing a forecast of its annual results for 2021, Rongbai Technology announced on January 8 that the company recently signed a "strategic cooperation agreement" with Ningde Times. According to the agreement, Ningde Times will purchase about 100000 tons of high-nickel ternary cathode materials from Rongbai Technology in 2022. From 2023 to the end of 2025, Ningde era will use Rongbai Technology as its first supplier of ternary cathode powder, and purchase no less than a certain proportion of high nickel ternary cathode materials from the company. "View details
[Earth Bear's net profit in 2021 increased by 174.42% to 206.76% demand for high-performance sintered NdFeB] recently, Earth Bear issued a forecast for 2021 results, the net profit attributed to the owner of the parent company in 2021 is 143.2511 million yuan to 160.135 million yuan, compared with the same period last year, will increase by 91.0496 million yuan to 107.9335 million yuan, an increase of 174.42% to 206.76%. "View details
[Citic Construction Investment: the current time is a rare layout opportunity for the iron and steel sector] CITIC Construction Investment pointed out that although so far, there is no guiding policy for iron and steel output this year, the external constraints of supply still exist. There are many bottlenecks in energy, resources, environment, and so on. Under the dual-carbon target, domestic crude steel production lacks the basis for disorderly growth, while the demand side can still better match supply under the stable growth policy. In the medium to long term, Steel enterprises have a good profit base. At the current time, the combination of "low valuation + high dividend + expected easing + limited supply" is a very rare layout opportunity.
[CISA: China's steel output is expected to reach a basic balance of supply and demand of 1.03 billion tons in 2021] Gao Xiangming, vice president of the China Iron and Steel Association, pointed out that in the first 11 months of 2021, China's steel output was 946 million tons, down 2.60 percent from the same period last year, equivalent to 908 million tons of steel apparent consumption, down 5.2 percent from the same period last year. The steel output for the whole year is expected to be 1.03 billion tons, a decrease of about 35 million tons over the previous year. Steel inventories declined gradually after reaching a high in early March, and the level at the end of the year was basically the same as that of the same period last year. On the whole, the supply and demand of steel is basically balanced throughout the year, creating good conditions for the development of the downstream industry.
French steel pipe maker Valurek suspended its operations at the Pau Branco iron mine in Brazil on Sunday, a day after a levee at the mine overflowed and cut off a federal highway, the company said. The overflow of the dam cut off traffic on Saturday on the BR-040 highway, the main road connecting Rio de Janeiro and Belo Horizonte. "View details
[Huaan Securities Steel Industry Weekly report: raw material end support steel prices continue to pay attention to specialty materials] the recovery of manufacturing demand superimposed carbon peak and carbon neutralization background, the profit logic of the iron and steel industry has been reconstructed, and steel enterprises have further benefited from the cycle. I am still optimistic about the iron and steel sector for a long time. National defense industry, aerospace industry high scene demeanor superimposed broad domestic alternative space, high temperature alloy, special stainless steel, ultra-high strength steel and other products occupy an absolutely dominant position. It is suggested to focus on the special steel bibcock with high scene demeanor in the industry: Fushun special steel; traditional field leader + hot emerging business target is more favored by the market, it is suggested to focus on stainless steel rod and wire rod and mica lithium bibcock: Yongxing material; And the high-growth leader in the field of cold-rolled stainless steel: Yongjin shares. "View details
[Shengang Securities: steel mill resuming production continues to pay attention to subdivision track opportunities] Steel products continue to be highly profitable or promote steel mills to resume production, and pay attention to the weak expectation of administrative production restrictions, the suppression of profits per ton of steel and the performance of the investment end at the beginning of next year. Stainless steel processing enterprises with anti-cycle and growth attributes have significant investment value, while special steel, seamless pipe and cast pipe enterprises with low valuation have better investment opportunities. "View details
[Tianfeng Securities: winter production restrictions superimposed infrastructure recovery expected steel plate investment opportunities highlighted] with the end of the winter reserve and the holding of the Winter Olympic Games, steel production restrictions are expected to be stricter, and the demand side is gradually emerging with policy effects such as the steady growth of real estate and infrastructure. Steel price center of gravity or gradually upward, superimposed production restrictions on the weakening demand for raw materials, steel profits are expected to improve. "View details
[the combined operating income of Baotou Iron and Steel Group is expected to achieve 128 billion yuan in 2021, an increase of 41.3 billion yuan over the same period last year] the newly released data show that in 2021, the combined operating income of Baotou Iron and Steel Group is expected to achieve 128 billion yuan, an increase of 41.3 billion yuan over the same period last year; the total combined profit is expected to achieve 10.266 billion yuan, an increase of 8.675 billion yuan over the same period last year; and taxes and fees are expected to reach 6.92 billion yuan, an increase of
[CISA: profits of China's steel industry reached an all-time high of 351.7 billion yuan in the first 11 months of 2021] Gao Xiangming, vice president of the China Iron and Steel Association, pointed out at the third meeting of the sixth general meeting of the China Iron and Steel Association on the 10th that in the first 11 months of 2021, the total profits of CISA member enterprises reached 351.7 billion yuan, an increase of 86.46 percent over the same period last year. China's iron and steel industry has worked hard to overcome the difficulties of high raw fuel prices, and the efficiency of the industry has reached the best level in history.
[Shougang Co., Ltd. KuaiBao production fell in varying degrees in December 2021] Shougang Co., Ltd. released production and operation KuaiBao in December 2021. According to the announcement, automobile plate output in December was 290000 tons, down 5.4% from the same period last year. Year-on-year cumulative increase of 5%; electrical steel output of 120000 tons, down 11.8% year-on-year, annual cumulative decline of 2.7%; The monthly output of tinplate was 50,000 tons, down 2.9 percent from the same period last year, with an annual cumulative increase of 6.2 percent; and the monthly output of pickling automobile steel was 70,000 tons, down 33.3 percent from the same period last year, and the annual cumulative increase was 20.9 percent. "View details
[Indonesia has discussed with the industry on coal distribution and has not yet made a decision on lifting the export ban] an Indonesian mining group executive said on Sunday that the Indonesian government had not yet made a decision to lift the ban on coal exports. Hendra Sinadia, executive director of the Indonesian Coal Mining Association, said the Indonesian Maritime Co-ordination Ministry met again with mining companies and other related industries on Sunday, but has not yet made any decision on resuming exports. "one of the issues under discussion is the limited number of ships carrying coal to power plants," he said. "
Terminal information
[Huahong Semiconductor: the GIS failure of the No. 3 plant is not expected to have a significant impact on the company's performance] Huahong Semiconductor announced on the Hong Kong Stock Exchange that at 09:07 on January 7, 2022, a PT (Voltage Transformer) failure occurred in the GIS (gas insulated fully enclosed combination switch) at the No. 3 plant, resulting in a short power outage at the plant, with no casualties at the site and normal environmental monitoring indicators. The company immediately started the emergency plan, the same day at noon to resume power supply, the current production gradually resumed. It is not expected to have a significant impact on the company's performance.
[Citic Construction Investment: semiconductor December delivery further lengthened] CITIC Construction Investment Research report believes that the delivery period of semiconductor components will be further extended in December. According to the latest data from Susquehanna Financial Group, the lead time of semiconductor components lengthened to 25.8 weeks in December 2021, an increase of six days from the previous month, the highest since 2017. The lead times of almost all categories of products are lengthening, with MCU and PMIC having the longest lead times. At the same time, delivery conditions are improving for some large suppliers, such as Broadcom's mild drop to 29 weeks in December. Although there is a certain structural differentiation in the demand for semiconductors, the overall semiconductor demand is still in a state of high demeanor and tight supply and demand. It is expected that the overall production capacity will still be tight in 2022, and there will still be structural shortages and price increases.
Midea said that Midea entered the chip field in the second half of 2018 and began mass production in 2021. The main chip type to be put into production is MCU control chips, with an annual output of about 10 million. In the future, we will continue to increase chip output and enter other household appliance-related chip products such as power and power supply.
[Yang Jie Technology IGBT annual revenue increased 5 times power semiconductor boom verified] on the evening of the 9th, Yang Jie Technology announced that it is expected to achieve a net profit of 719 million-794 million yuan in 2021, an increase of 90% over the same period last year. In the single quarter of Q4, the company achieved a net profit of 154 million-229 million yuan, an increase of 97.6% year-on-year in terms of the upper limit of the range. "View details
[IC Insights: expects global semiconductor sales to grow by another 11% this year] according to the McLean report released by semiconductor research company IC Insights on Thursday, ((McClean Report), 's total global semiconductor sales in 2022 are expected to grow 11% to a record $680.6 billion.
Japan and the United States are reported to be seeking to restrict the export of semiconductors, artificial intelligence and other technologies. Japan's Yomiuri Shimbun quoted several sources on January 10 as saying that the governments of Japan and the United States are jointly developing a framework agreement to restrict the export of sensitive technologies related to national security. According to the report, the two countries make rules on the overseas export of technologies, which may include semiconductor manufacturing equipment, quantum cryptography and artificial intelligence. In addition, Japan and the United States also intend to coordinate with allies, including European countries, on this issue.
[TSMC may pay US $5.42 billion in advance this year: Apple, Nvidia, Qualcomm, etc.] according to Taiwanese media reports, according to the supply chain industry news, TSMC production capacity continues to be in demand, and dozens of customers, such as AMD, Apple, Nvidia and Qualcomm, have paid fees in advance to ensure follow-up shipping capacity. TSMC will receive more than US $5.42 billion in advance this year, and annual revenue is expected to continue to hit a record high.
According to foreign media The Elec, BOE recently revamped the third production line of its B12 plant to produce large-size (15-inch) OLED panels for notebook computers, tablets, and other IT consumer electronics products, as well as cars. BOE currently supplies 6.1in OLED panels for iPhone, which may be intended to supply OLED panels to Apple iPad, computers and so on, the report said. "View details
SPIC recently held the opening ceremony of the hydrogen bus for the 2022 Beijing Winter Olympic Games in Beijing. The hydrogen bus and the operation and support team of more than 200 people are ready to start. Transportation support services will be provided for the Yanqing competition area of the Beijing Winter Olympic Games. At present, the State Power Investment Corporation is building the Yanqing hydrogen Industrial Park in Zhongguancun. The first phase of Yanqing Park hydrogenation station and the second phase of the Winter Olympic hydrogen production station have been completed, and the third phase of the R & D and test area is scheduled to start construction this year. "View details
[the second batch of fuel cell vehicle demonstration urban agglomeration has been approved recently] it is understood that at present, the evaluation of the country's second batch of fuel cell vehicle demonstration urban agglomeration has been completed, and the Henan urban agglomeration led by Zhengzhou and the Hebei urban agglomeration led by Zhangjiakou, Hebei Province have recently been approved. This means that the Henan-Hebei demonstration urban agglomeration can still catch up with the demonstration period of the first year of 2022, and the national "3x2" fuel cell vehicle demonstration pattern has been formed. "View details
[the recycling price of decommissioned power batteries has repeatedly hit record highs and even the discount coefficient has been upside down] since 2021, the prices of lithium, cobalt and nickel for power batteries have risen sharply, and lithium carbonate, a raw material for lithium, has increased nearly five times since the beginning of the year. Cobalt prices "break 5" is just around the corner. With the increase in metal prices, battery recycling prices have repeatedly hit record highs. In more extreme cases, the discount coefficient of recovery even appears the phenomenon of hanging upside down. Some recycling enterprises said that in the case of ternary lithium batteries, the discount coefficient previously recovered according to cobalt and nickel content may be 70% or 80%. It has reached more than 90% in 2021, or even more than 100% upside down.
[Qianhai of East Asia: new energy vehicle subsidy does not change the trend of electrification] the East Asian Qianhai Securities Research Institute released a report that the demand for new energy vehicles has gradually shifted from policy-driven to market-driven, and the impact of subsidy policy retrograde is limited. Domestic leading enterprises of lithium power equipment have benefited from the trend of electrification. Technological innovation and scale effect enhance the market competitiveness of new energy vehicles. The cost-effective advantage of new energy vehicles has become an important factor for consumers to take the initiative to buy, while the effect of policy subsidies on demand-driven is gradually weakened. The subsidy retreat of new energy vehicles is the inevitable choice under the virtuous circle of the market. The government has also introduced policies such as double points and subsidies, and traditional car companies will continue to be electrified under the constraints of relevant policies.
The lithium mine market is not over yet? Tesla Lithium Mine supplier executives continue to increase their own shares] at a time when lithium mine prices are already high, executives of Australian lithium miner Piedmont Lithium, which is listed in US stocks, are still increasing their shares in their own company. it shows that it is optimistic about lithium mine prices and the company's prospects. As Tesla's lithium mine supply partner, the company's every move has attracted the attention of the industry. The company is currently exploring in Piedmont, North Carolina, after reaching an agreement with Tesla to supply Tesla with lithium once the mine goes into production. "View details
[Topang shares plan to increase capital by 610 million in Nantong Topang to promote the construction of 5 billion lithium battery project] Topang shares intend to raise funds to increase capital by no more than 610 million yuan to Shenzhen Lithium Power, a wholly-owned subsidiary. Shenzhen Lithium Power will use no more than 610 million yuan to invest in Nantong Topang for the purchase of completed infrastructure plants and lithium battery production equipment involved in the first phase of the Topang Nantong Industrial Park. "View details
[the Ministry of Industry and Information Technology intends to release the 35th batch of new energy models, BYD Tang and ideal ONE, which enjoy vehicle and ship tax relief.] on January 7, the Ministry of Industry and Information Technology announced the contents of the "announcement of Road Motor vehicle production Enterprises and products" (352nd batch) and the catalogue of energy-saving new energy vehicles enjoying vehicle and vessel tax relief (35th batch). In the list of models to be released in the catalogue of energy-saving vehicles using new energy that enjoy the discount of vehicle and ship tax (35th batch), BYD Tang, ideal ONE and other models are impressively listed. "View details
[supply chain mitigation leads to inventory improvement more than 60% of dealers predict that the 2022 car market will now be growing] the epidemic situation is repeated and the chip shortage runs through the whole year, and the domestic automobile market at the end of 2021 presents an unprecedented scene. The latest analysis report of the China Automobile Circulation Association shows that, judging from the overall situation in 2021, the automobile market recovered smoothly in the first quarter; the shortage of chips began to affect automobile supply in the second quarter, and the market trend gradually weakened; the chip problem reached its peak in the third quarter, and the sharp reduction in production by automobile manufacturers affected the end market.
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