Non-ferrous metals industry: the prices of lithium and rare earths have risen sharply, and the price of base metals has risen generally. [institutional Review]

Basic metals: metal prices have risen sharply, and the market has accelerated its recovery. Before and after the Lantern Festival, the operating rate of enterprises in copper, aluminum, lead, tin and other industries and their downstream industries gradually increased, and the market recovery accelerated. Suggested attention: Tianshan Aluminum, Aluminum of China (A, H), Shenhuo, Yunal, Zijin Mining (A, H), Western Mining, China Nonferrous Mining (H), Wanshun New material, Zhite New material.

Precious metals: the situation in Russia and Ukraine is up in the air, pushing up the price of gold. Suggested attention: Yintai Gold, Shandong Gold (A, H), China Gold, Zijin Mining (A, H).

Lithium materials: lithium prices continue to rise, cobalt prices shock rise. According to the non-ferrous metal net, the price of battery-grade lithium carbonate rose 11.46 percent to 4375 thousand yuan per ton this week, and the price of lithium hydroxide rose 11.02 percent to 3525,000 yuan per ton. Changjiang cobalt prices rose 3.67 per cent to 537,000 yuan per ton, while MB cobalt prices (standard grade) rose 1.08 per cent to $35.13 per pound. Lithium carbonate demand-driven rise this week, prices have been rising; lithium hydroxide prices are still rising, manufacturers start work to maintain a high level. Suggested attention: Ganfeng Lithium Industry (A, H), Tianqi Lithium Industry, Huayou Cobalt Industry, Zhongwei Stock, Shengxin Lithium Energy, Yongxing Materials, Koda Manufacturing, etc.

Small metals: rare earth prices rise, suppliers are bullish. Rare earth magnetic plate prices rose this week, the downstream market is active, supply is tight, suppliers believe that consumers will return to the market to prepare goods, optimistic about the price. Suggested concern: Shenghe Resources, Gold and Molybdenum shares, etc.

Metal materials: aviation materials and communication materials are long-cycle opportunities. China's aviation industry is in the early stage of development, and the characteristics of the aviation industry determine that its core will adopt domestic materials. At present, titanium materials, superalloys and other military materials all benefit from the development of the aviation industry and have a high degree of prosperity. Downstream MLCC high prosperity superimposed Boqian new materials research and development of silicon-carbon negative electrode and silver-coated copper technology. It is recommended that you pay attention to:

Bao Ti shares, Western Superconductor, Boqian New Materials, Hesheng Silicon Industry, Jinbo shares and so on.

Risk tips: slow global economic recovery; global political instability. The demand for metal downstream is lower than expected, and the growth rate of related mine supply is higher than expected.