[SMM Metal Breakfast] across the board, the metal is red and the US dollar is lower * the copper premium in foreign trade continues the downward trend * pre-baked anodes are expected to rise.

"the 2021 China magnesium Industry chain Summit Forum has come to a successful conclusion.

"[overnight market] all the metals inside and outside the market rose more than 1%, and Meibu crude oil both soared.

"[macro outlook] focus on the Fed Waller speech and the Bank of England mortgage permit data

Last Friday, the outer plate of metal rose nearly 1.7%, Runnickel rose nearly 1.5%, Len aluminum rose nearly 0.8%, Lunxi rose nearly 0.6%, Lunxi rose nearly 0.2%, and Lunchu rose on Friday. due to market concerns that the obstruction of the Suez Canal will affect the cost of transporting industrial metals, but a new round of epidemic blockade measures and the slow pace of vaccination in the euro zone limit the increase. Analysts point out that cost pressures on transport have strengthened the tone of many commodity markets. The obstruction to the passage of ships on the Suez Canal remains a matter of concern. Domestically, international copper is up nearly 2.1%, Shanghai copper is up nearly 1.8%, Shanghai aluminum is up nearly 1.7%, Shanghai tin is up nearly 1.6%, Shanghai nickel is up nearly 1.5%, Shanghai zinc is up nearly 1.4%, and Shanghai lead is up nearly 0.5%.

The dollar index fell 0.18% to 92.72, but it was still near a four-month high, rising 0.85% on the weekly line, unaffected by data showing a recent decline in consumer spending, and the market remained optimistic about the US economy. Initial jobless claims in the United States fell to an one-year low last week. U.S. president Joe Biden says he will double his vaccination program after his goal of completing 100 million doses within 100 days of taking office is achieved 42 days early. Both news support the bullish mood on the dollar.

U. S. stocks were mixed late Friday. Bank stocks and restart concept stocks generally climbed. The core PCE price index in the United States rose 1.4% in February, indicating a moderation of inflationary pressures. The Dow rose 78.04 points, or 0.24%, to 32697.52; the Nasdaq fell 92.77 points, or 0.71%, to 12884.91; and the S & P 500 rose 9.42 points, or 0.24%, to 3918.94.

On Friday, the Shanghai Composite Index rose 1.63% to 3418.33 points, with a turnover of 322.409 billion. The Shenzhen Composite Index closed at 13769.68 points, up 2.60%, with a turnover of 425.554 billion. The gem index closed at 2745.40 points, up 3.37%, with a turnover of 149.297 billion. The total turnover of the two cities is 747.963 billion. On the market, the theme is generally red, textile and clothing, electricity, cobalt and other plates are among the top gainers.

LME inventory

Macro focus

SASAC: the local SASAC implements double restrictions on the debt scale and asset-liability ratio of highly indebted enterprises, and "one enterprise, one policy" determines the management and control objectives. guide enterprises to take more measures by controlling investment, reducing liabilities, increasing accumulation, introducing war investment, debt-to-equity and other ways to reduce leverage and reduce debt. Supervise and guide enterprises to scientifically determine the investment scale according to their financial affordability and prevent debt risks from the source.

Bancassurance Regulatory Commission: commercial banks should improve the stability of the sources of liabilities, pay close attention to the internal and external factors that affect the stability of the sources of liabilities, strengthen the monitoring and analysis of the changes in the scale and structure of liabilities, improve the management of changes in the scale and structure of liabilities, and prevent risks caused by large and abnormal changes in liabilities. Commercial banks should use appropriate indicators and internal limits to assess the relevant risks caused by changes in the source of liabilities.

Banking and Insurance Regulatory Commission and other three departments: issue a notice on preventing loans for business use from illegally flowing into the real estate sector. All banking and insurance supervision bureaus, local housing and construction departments, and branches of the central bank should jointly carry out a special investigation on the illegal inflow of loans for business use into real estate, complete the investigation by May 31, and step up supervision, rectification and punishment for violations. Banking financial institutions shall not grant operating loans to shell enterprises without actual operation; for borrowers who have been established or transferred for less than one year, or who have held mortgaged real estate for less than one year, it is necessary to further strengthen the examination and verification of the qualifications of borrowers; for loans for business purposes with a maturity of more than 3 years, risk management should be further strengthened. Once it is found that the loan has been misappropriated in the real estate sector, the loan will be withdrawn immediately and the credit line will be reduced.

Today's focus

[SMM analysis: foreign trade copper premium continues the downward trend of warehouse bill of lading spread] since the return of the Spring Festival, the trend of the US dollar copper market has run counter to market expectations, Yangshan copper premium has gone down all the way, and the gap between warehouse receipts and unit prices has been narrowing. As of March 26, the warehouse receipt is quoted at US $53-67 per ton, with an average price of US $60 per ton and US $55-65 per ton on the bill of lading. Why is the foreign trade market so weak? "View details

[SMM analysis: the impact of stable domestic copper concentrate imports in South America from January to February may be highlighted in March-April] the latest data released by the General Administration of Customs in 2021 showed that China's copper concentrate imports in January were 1.995 million physical tons, an increase of 5.87% month-on-month and 9.59% year-on-year. February imports were 1.795 million physical tons, down 10.02% from the previous month and 7.82% from the same period last year. The total import volume of copper concentrate from January to February was 3.79 million physical tons, with little change over the same period last year and an increase of 0.59 per cent. "View details

[SMM analysis: Fed releases hawkish signal short atmosphere shrouded in copper price operation center continues to move down] during the week, the dollar index climbed day by day from 91.7%, rising 0.88% a week, pushing as high as 92.9, basic metals generally fell under pressure, and there was a clear return to long-lost bearish sentiment. Zhou Chu Lun Copper finally broke the high shock pattern after hovering around 9100 US dollars / ton, falling below the recent moving average, hitting the lowest 40-day moving average of 8702 US dollars / tonne. On Friday, short sellers left Lunlun Copper's low around 8950 US dollars / ton. "View details

[SMM Analysis: when will the orders be issued by State Network and South Network? Copper rod processing enterprises are urgently waiting for the power industry to improve] electricity consumption, as the main force of copper consumption, is closely related to copper rod enterprises. According to SMM, after the year, as copper prices remain high, the operating rate of refined copper rods continues to be poor, the inventory of finished products in some enterprises is high, and the pressure on enterprises is doubled. Recently, fine copper rod processing enterprises have given us feedback that March is the trough of the industry, and orders are still not improving this week. The company said that the current orders are mainly supported by enamelled wire demand, production and sales have dropped sharply. "check the details.

[SMM analysis: why the recent electrolytic copper rod processing fees continue to decline] the first quarter is coming to an end, the recent electrolytic copper rod processing fees throughout the country showed a continuous downward trend. According to our SMM survey, this Friday, East China 8mm power industry rod processing fees reported 350-550 yuan / ton, the average price dropped 60 yuan / ton compared with last Friday; Guangdong 8mm power industry rod processing fees reported 250-390 yuan / ton, the average price dropped 30 yuan / ton compared with last Friday; North China 8mm power industry rod processing fees reported 450-500 yuan / ton, the average price is the same as last Friday; Southwest 8mm power industry pole processing fees reported 680-760 yuan / ton, the average price is the same as last Friday. Generally speaking, the processing fee of copper rod in southwest region is the highest, while that in Guangdong area is the lowest. "View details

[SMM brief Analysis: current Aluminum profile Enterprise production and order investigation] Research background: aluminum prices have remained high since the end of the year, with an average monthly price of 17342.5 yuan / ton for 25 SMM, an increase of as much as 1615.4 yuan / ton compared with last month's monthly average price of 15727.1 yuan / ton for SMM. The downstream aluminum processing enterprises were unexpected, the stock was insufficient before the year, and the contradiction between the resumption of construction, the seasonal warming of demand and the high price of raw materials intensified. Based on this background, the author investigated the production and order situation of some aluminum profile enterprises, as well as the future aluminum price trend point of view and procurement plan for reference. The following is a selection of some enterprise research:. "View details

[SMM Analysis: a brief introduction to the Import and Export of China's unwrought Aluminum Alloy from January to February 2021] recently, the General Administration of Customs released import and export data for January-February. The data show that the total import volume of unwrought aluminum alloy from January to February in 2021 was 141000 tons, an increase of 18.5% over the same period last year. "check the details.

[SMM aluminum accessories weekly review is good to support the upstream and downstream to support the rising expectation of pre-baked anodes] this week (3 go 23-26) the market of pre-baked anodes is mainly stable, enterprises deliver goods according to orders, double control of energy consumption in Inner Mongolia affects part of electrolytic aluminum production, and some pre-baked anode manufacturers may have shrinking expectations. SMM keeps the quotation unchanged during the week. Supply side: the supply of pre-baked anodes is stable throughout the week. According to SMM research, an aluminum plant in Inner Mongolia has suspended production of pre-baked anodes in order to save energy and is expected to resume production in early April. The enterprise said that the current stock is relatively good and does not affect the production of aluminum plants. There has been a reduction in the production of electrolytic aluminum in other Inner Mongolia aluminum plants, and the demand for anodes will decline in the follow-up. "View details

[SMM comments: Shanghai lead ushered in a slight rise in the spot market this week carefully wait and see] next week (3x29-4ppb 2) coincides with the Qingming Festival holiday, there may be a small amount of stock movements downstream before the festival, pay attention to spot discount changes, Lun lead, Shanghai lead may continue low shock, but between the primary lead overhaul and recycled lead production reduction expectations, the lower decline is limited, but do not rule out the possibility of pressure decline after the upside. It is expected that the price of lead in Shanghai and spot lead will be in operation next week. "View details

[SMM analyses that the increased overhaul of smelters in southwest China will boost the spot trading price of zinc in Guangdong] through our recent investigation, we have learned that the overhaul of domestic smelters has increased, of which 5 smelters in Yunnan and Guangxi have begun or carried out overhauling in April, which will directly affect the arrival of goods in Guangdong market. "View details

[SMM survey: downstream procurement activity weakens and inventory of recycled lead refineries accumulates (with weekly production inventory data of 33 recycled lead smelters). According to (SMM) survey of SMM, as of March 26, 33 domestic recycled lead licensed smelters had a weekly output of 58000 tons of recycled lead, a decrease of 7000 tons compared with last week. In the refinery warehouse, the inventory of waste batteries totaled 170000 tons, down 17700 tons from last Friday, while the inventory of reduced lead, recycled refined lead and alloy finished products totaled 29800 tons, an increase of 2000 tons over last week. "View details

[SMM recycled lead survey] according to the (SMM) survey of SMM, the weekly operating rate of SMM recycled lead smelting enterprises in four provinces was 55.5% this week (March 15-March 19), up 0.4% from last week. "check the details.

[SMM survey: this week's social inventory continues to remove zinc downstream orders have improved? Galvanized orders remained mediocre this week, with zinc prices rising and falling, enterprises buying a small amount of reserves at every bargain, and large factories basically reaching full production at the end of production restrictions, but there has not been a significant increase in orders affected by high raw material prices. Finished product inventory pressure is still large; small and medium-sized enterprises. "check the details.

[SMM analysis: the price of battery-grade nickel sulfate showed a downward trend and the profit margin decreased significantly] since the beginning of March, the market price of battery-grade nickel sulfate has shown an overall downward trend affected by the collapse in nickel price, from a high of 38000 / ton to around 33000 / ton (as of 3.26); the premium of battery-grade nickel sulfate has gradually narrowed compared with nickel bean. "View details

[SMM Research: comparison of SMM New Energy Field Research in 2021 Yadi Battery] starting from March 15, 2021, the SMM New Energy team came to Guangdong, a major economic province along the southern coast, and visited local lithium enterprises to investigate the production, operation and distribution of Chinese lithium enterprises. "View details

[SMM Cobalt Lithium spot Weekly report (0322-0326): cobalt price game is expected to come to an end, industrial power carbon price spread] Future forecast: cobalt, the market turnover is light this week. The supply of electrolytic cobalt has decreased, and under the trend of destocking, prices have stabilized and gradually have an upward trend; the confidence in standing prices in mainstream smelters has increased, and quotations such as cobalt salts have been raised slightly on Friday, and the supply of goods at low prices in the market has gradually decreased. The game is coming to an end, the order will be negotiated gradually, and the transaction will increase. In terms of lithium, due to the shortage of spodumene concentrate from manufacturers in Sichuan, some production has been reduced, the supply of electric carbon has been relatively reduced, downstream procurement is still difficult, and prices have risen slightly. There was a small dumping of industrial carbon, and the price difference between electricity and industrial carbon began to widen. "View details

[SMM analysis: the recovery of overseas construction industry is strong. China's cable exports are outstanding in January-February. According to data released by the General Administration of Customs, China's cumulative cable exports from January to February in 2021 were around 58000 tons, an increase of 22 percent over the same period last year. Among them, the total cable-related exports in January were 3.3tons, down 3 percent from the same period last year, and the total exports in February were 25000 tons, an increase of 47 percent over the same period last year and 20 percent more than in February of 1919. (here the cable is Code 8544492100, that is, 1000 V ≥ rated voltage > 80 V other cables, including: flexible cables, ordinary cables, cables (no connectors), low-voltage cables, high-temperature wires and other products. "View details

[SMM exclusive: inventory of 16 primary lead delivery brands converted to accumulation] according to SMM research, as of March 26th, the inventory of primary lead delivery brand factory warehouse reached 11700 tons, up 1400 tons from last week. The survey sample involved 16 primary lead delivery brand enterprises, with an annual production capacity of 2.79 million tons. "View details

[SMM Survey lead Battery Market Terminal consumption weakening Enterprise Weekly operating rate] according to SMM research, the weekly comprehensive operating rate of lead battery enterprises in the five provinces of SMM this week (March 22-March 26) was 78.27%, which was 0.07% lower than last week (March 19). "View details

[SMM caustic soda weekly review: multi-good caustic soda market is stable] within the week, the liquid caustic soda market in the main alumina producing areas is stable as a whole, the supply in some areas is tight, and the price goes up. During the overhaul of the main factories in Shandong, some enterprises fine-tuned the price according to the situation of leaving the store. up to now, 32% ionic membrane liquid alkali of alumina is maintained at 390 yuan / ton, the bulk price is concentrated at 450-500 yuan / ton, and the supply of high alkali is tight. the price maintains the rising trend, 50% ionic membrane liquid alkali price is between 730 and 780 yuan / ton, the market transaction is good, and the downstream receiving is active. "check the details.

[SMM analysis: lithium concentrate and lithium carbonate imports surged, domestic supply tightening eased slightly] Lithium carbonate imports in February 2021, according to customs data, China imported 7165 tons of lithium carbonate, an increase of 30.38% month-on-month and 326.3% higher than the same period last year. In terms of lithium hydroxide, in February 2021, China exported 4880 tons of lithium hydroxide, a decrease of 22.9% from the previous month and an increase of 90.9% over the same period last year. In terms of spodumene concentrate, in February 2021, China's import of spodumene concentrate is estimated to be 237583 physical tons, an increase of 53.1% month-on-month and 98.3% year-on-year. "View details

[SMM silicon inventory varies from north to south port inventory] SMM statistics the total inventory of metal silicon in the three places totaled 58000 tons, a decrease of 3000 tons compared with last week. The inventory of Huangpu Port decreased this week due to concentrated shipments at the end of the month, the social inventory decreased due to the low operating rate in Kunming during the dry season, and the inventory of Tianjin Port increased slightly due to the concentrated delivery of goods in Xinjiang. The inventory of metal silicon society as a whole still shows a downward trend. "View details

[SMM selenium Weekly Review: crude selenium refined selenium diselenide steadily rotated upward.] after the rapid rise in selenium prices last week, the adjustment of selenium prices this week is relatively stable. Market sentiment has changed from high-spirited to rational and calm, and more responsible enterprises begin to think about the medium-and long-term steady adjustment of selenium prices. Today, the transaction prices of SMM99.9% selenium powder are 150-170yuan / kg, 99.9% selenium ingots are 155175yuan / kg, both are 17.5yuan / kg higher than last week; the transaction price of crude selenium is 95100yuan / kg, up 7.5yuan / kg from last week; the price of diselenide is 95100yuan / kg, up 5 yuan / kg from last week. "check the details.

[SMM Antimony spot Weekly Review] this week, although antimony market prices remain stable, buyers and sellers may be on the sidelines, but in terms of the activity of actual market transactions, the whole is still weak. In addition to some antimony oxide enterprises that the orders are passable, many market participants said that at present, both buyers and sellers in the market are lack of confidence in the future price trend, and the sales of antimony ingots are also difficult to some extent. "View details

[SMM Indium spot Weekly Review] the indium market price continued to decline this week, the market continued the declining trend of buyers waiting on the sidelines and poor demand last week, the enthusiasm to buy goods continued to weaken, the supply and demand sides were still in a stalemate, and the supplier also continued to explore the indium market price quotation, but the market buyer's force was still not buying it, and the transaction was still light. It is expected that there will be room for continuous reduction in the supplier's quotation. In terms of crude indium, the manufacturer's supply of crude indium products continues to increase, thus causing pressure to accelerate the pace of shipments of refined indium manufacturers. On the whole, indium resources are still in excess in the short term, and the market price is expected to remain in a period of volatility and continue to decline. "View details

[SMM summary review: rare earth products rise and fall each other this week praseodymium neodymium series products prices rebounded within the week, holmium, neodymium and yttrium series products fell slightly. (2) rare earth inquiry activity increased this week, praseodymium neodymium, dysprosium, cerium series prices rose slightly, gadolinium, erbium and other products rebounded within the week. Holmium, neodymium, yttrium series products fell slightly. As of Friday, the trading range of praseodymium-neodymium oxide was 58.6-590000 yuan / ton, with a general turnover of 588000 yuan / ton and a family volume of more than 10 tons. "View details

Important news of metals and industry

[bright copper CIF quotation LME coefficient is 96-96.5%] this week, recycled copper CIF quoted Meijing copper July contract price minus 20 cents / lb, recycled copper CIF quoted Meijing copper July contract price deduction of 35 cents / lb, American brass 5700-5800 U.S. dollars tons; The LME coefficient of 98.5cm CIF quotation is 93.5%, and the LME coefficient of bright copper CIF quotation is 96-96.5%.

[China Copper issued three-year Action Promotion Plan for deepening Reform] on March 12, China Copper issued the "three-year Action Promotion Plan for deepening Reform of China Copper Co., Ltd. (2020-2022)" (hereinafter referred to as "the plan") and a task list. it provides an important support for the company to comprehensively improve the quality of party building, operation, development and brand, build a world-class modern copper-lead-zinc enterprise and forge ahead with the 14th five-year Plan. "View details

[Yunnan Wenshan Aluminum Industry has obtained the mining right certificate of bauxite in Malipo County] recently, the Department of Natural Resources of Yunnan Province issued the mining license of bauxite in Malipo County to the company, which indicates that the company has completed another key node task in the protection and supply of ore resources. it is of milestone significance on the company's development road. The development of bauxite resources, as the front end of the aluminum industry chain, is the basis of the company's green, healthy and sustainable development, and the acquisition of mining license is the prerequisite for mine construction and the top priority of the previous work. "View details

[Henan Chinalco held a business analysis meeting in February] Chinalco completed commercial production of 22000 tons in February, 110% of the monthly plan; actual alumina production in February was 21000 tons, 105% of the monthly plan; alumina sales in February were 15400 tons, 77% of the monthly plan; and the actual manufacturing cost decreased by 27.8 yuan / ton compared with the previous month. In February, the operating income reached 33.03 million yuan.

[Shunbo alloy "aluminum ash resources comprehensive utilization project" landed in Chongqing Qijiang] Shunbo alloy announced on the evening of March 21, its wholly-owned subsidiary-Guangdong Shunbo Aluminum Alloy Co., Ltd. recently signed the "Investment Agreement for the Comprehensive Utilization of Aluminum Ash Resources Project" with the government of Qijiang District of Chongqing. According to the agreement, the project will be located in Beidu Industrial Park, Qijiang District, Chongqing. The main construction contents include an annual output of 50, 000 tons of calcium aluminate and 85000 cubic meters of light foamed brick production line, with a total investment of 150 million yuan, of which fixed assets investment is about 85 million yuan. It is planned to cover an area of 75 mu.

[Nangui Group Phase II Aluminum melting and casting Rod Project production Line officially ignited] recently, Nangui Group Phase II melting and casting production line was officially ignited. Peng Shaofeng, Group Vice President, and Zou Mou, General Manager of Hubei Gong Titanium Alloy Technology Co., Ltd., with the hope of more than 800 employees of Nangui Group, the two jointly ignited the melting and casting furnace of the second phase of Nangui Group. The ignition of the second phase melting and casting aluminum bar production line of Hubei Gong Titanium Alloy Technology Co., Ltd. has been a complete success. The oven lasts about 20-25 days, and the aluminum rod is expected to be produced in mid-April.

[Jiugang successfully rolled air conditioning aluminum foil sheet] recently, Dongxing Aluminum Tiancheng Color Aluminum Co., Ltd. has successfully produced a special material for heat exchanger fins for air conditioning, air conditioning aluminum alloy foil sheet, which has further enriched the aluminum product series of Jiuquan Iron and Steel Co., Ltd. 8011 alloy belongs to 8 series aluminum alloy with many elements added, and its alloy properties are better than that of pure aluminum. The performance of aluminum alloy foil produced by 8011 alloy is better than that of pure aluminum foil.

[North China Aluminum New Energy Battery foil Project started] recently, Zhuozhou focused on key projects in 2021 and the launching ceremony of China Minmetals North China Aluminum New Energy Battery foil Project was successfully held. Guo Wenqing, general manager of China Minmetals, deputy secretary of the party group and chairman of China Metallurgical Group, and Yao Yuntao, secretary of the Zhuozhou Municipal CPC Committee, jointly attended the event.

[experts from Shanghai Futures Exchange went to Chinalco Guangxi Branch to carry out alumina brand registration inspection] recently, a group of seven experts from Shanghai Futures Exchange went to Chinalco Guangxi Branch to carry out alumina brand registration inspection. Xiong Lin, deputy general manager of Guangxi Hualei New Materials Co., Ltd., relevant personnel of Chinalco Marketing Department and production quality Management Department, Chinalco International Trading Group Co., Ltd., Chinalco Logistics Group Co., Ltd., as well as responsible persons of relevant functional departments of Guangxi Branch participated in the inspection.

[Australia terminates anti-dumping investigation against Chinalco extruded parts] on March 17, 2021, the Australian Anti-dumping Committee issued notice No. 2021 / 38, saying that it had made an anti-dumping final ruling on aluminum extrusions (Aluminium Micro-extrusions) imported from China. It was found that the companies involved in the case, Guangdong Jiangsheng Aluminum Co., Ltd. ((Guangdong Jiangsheng Aluminium Co., Ltd.) and Guangdong Central Asia Aluminum Co., Ltd. ((Zhongya Aluminium Co., Ltd.), did not have any dumping or minor dumping of the products involved and did not cause material damage to Australia's domestic industry. Therefore, it was decided to terminate the anti-dumping investigation of Chinese products involved in the case. "View details

[revenue of Zhuzhou smelter Group increased 31.93% year-on-year in 2020, revenue of zinc and zinc alloy increased 47.73% year-on-year] Zhuzhou Metallurgical Group is a member of Minmetals Group. At present, it is not under the management of Zhuzhou Municipal SASAC in terms of assessment and management. According to the 2020 annual report, the company achieved revenue of 14.765 billion yuan, an increase of 31.93% over the same period last year, deducting non-net profit of 184 million yuan (operating net interest rate of 1.41%), and non-post-net profit of-54.5011 million yuan in the same period last year. "View details

[unit # 1 of Nanshan Indonesia Bintan Project Power Plant] 00:36 on March 25th, the boiler ignited successfully; 09:41, the turbogenerator set began to turn; at 12:58, the turbogenerator set successfully accelerated to 3000rstroke min; at 21:34, the turbogenerator set and the Chai generating unit were successfully connected to the grid on the 35KV side, and the parameters of the unit were normal. At this point, Unit # 1 of the Bintan Project Power Plant in Nanshan Indonesia has officially generated electricity, marking the countdown to the full commissioning of the project.

[Liuzhou Yinhai Aluminum achieved a good start to the first quarter] orders increased by 49% month-on-month, sales increased by 152% compared with the same period last year, and monthly output exceeded 16,000 tons in March. Liuzhou Yinhai Aluminum has created a new monthly output record for Liuzhou Yinhai Aluminum, and Liuzhou Yinhai Aluminum has made a good start to the first quarter.

[European Association: 100% recovery rate of aluminum beverage cans in 2030] on March 24, 2021, the European Aluminum Association and the European Metal Packaging Association issued joint guidelines to achieve the goal of 100% recovery rate of aluminum cans by 2030. The guidelines make it clear to aluminum beverage can plate manufacturers, aluminum beverage can processors and beverage can recyclers that they will realize the full potential of aluminum beverage cans as a true representative of circular economy in the next decade.

[Yiwei LiNeng: 100 million yuan to buy back shares for the first time today] Yiwei LiNeng announced that on March 26, 2021, the company first implemented share buybacks through a special securities account for share buyback, with a total of 1372400 shares. It accounts for 0.07% of the company's total share capital, with a maximum transaction price of 75.2 yuan per share and a minimum transaction price of 71 yuan per share, with a total transaction amount of about 100 million yuan (excluding transaction fees).

[Oriental Cable: net profit for 2020 increased by 96% over the same period last year.] Oriental Cable announced its annual report for 2020, with operating income of 5.052 billion yuan, an increase of 36.90% over the same period last year, net profit of 887 million yuan, an increase of 96.26% over the same period last year, and basic earnings per share of 1.36 yuan. Proposed 10 payouts of 2.3 yuan.

On March 24th, 002340.SZ announced that its subsidiaries had signed a formal agreement to increase their stake in Qingmei Bang to 72%. After the signing of the agreement, Grimme will be stationed in Indonesia's nickel resource base to gain the first opportunity in terms of nickel resources, which will help to grasp the current high-nickel and low-cost development trend and opportunities of global new energy power ternary batteries, and enhance the core competitiveness of Grimme in this field. "View details

[Silicon prices may maintain high clean energy capacity is expected to continue to increase] in 2020, China put forward the goal of "carbon neutralization", that is, carbon dioxide emissions strive to reach a peak by 2030 and strive to achieve zero carbon emissions by 2060. In recent years, China's green financial market has developed rapidly. For example, the establishment of a carbon trading market internalizes the externalities of carbon emissions, thus prompting physical companies to produce in a more environmentally friendly way. "View details

[northern rare earths: plans to acquire shares in subsidiary magnetic materials company and increase capital by 200 million yuan] Northern rare earths announced on the evening of March 26 that they planned to contribute 32.182 million yuan in cash to acquire 11.31 percent of the company's holding subsidiary Magnetic Materials Company held by Baotou rare Earth Research Institute. At the same time, Northern rare Earth will increase its capital in the form of debt-to-equity conversion of 200 million yuan of all loans provided to the magnetic material company. After completion, the registered capital of the magnetic material company will increase by 200 million yuan, and the proportion of the company's shareholding in the magnetic material company will increase accordingly. In addition, Northern rare Earth plans to increase 30.6 million yuan in cash to Feida rare Earth, a subsidiary of the company, to meet the capital requirements of its project construction. "View details

[Ministry of Natural Resources: strengthening the supervision of important minerals of rare earths and other national strategic resources] recently, the Ministry of Natural Resources issued a notice pointing out that by organizing satellite film law enforcement, timely discover illegal acts of natural resources such as illegal occupation of cultivated land, destruction of cultivated land digging lakes and landscaping, illegal land mining in counties along the Yangtze River basin and along the Yellow River, and illegal exploitation of rare earth minerals. In accordance with the work requirements of "monthly clearance, quarterly verification, and annual evaluation," we should supervise and urge all localities to detect, stop, and strictly investigate and deal with them early, examine the strict norms and fair and civilized law enforcement in various localities, and assess the order of natural resources management in a region, especially the illegal occupation of cultivated land, promote the implementation of the strictest cultivated land protection system, ensure national food security, and contribute to the building of ecological civilization. "View details

[new round of inflation expectations strong gold long-term allocation value highlighted] since August last year, London gold rose to $2078 / oz, entered a six-month adjustment trend, gold light was relatively dim. With the evolution of the global economy from inflation expectations to overall inflation, gold investment opportunities are approaching and should be strategically allocated step by step. "View details

[Tangshan held a city-wide scheduling meeting on the prevention and control of air pollution and the rectification of environmental problems in iron and steel enterprises] on the evening of March 24, the scheduling meeting on the prevention and control of air pollution and the rectification of environmental problems in iron and steel enterprises in Tangshan was held in the municipal government conference center. Vice Mayor Li Guifu attended the meeting and delivered a speech. Li Guifu pointed out that the rectification and reform of environmental problems in the iron and steel industry is an important political task, and departments at all levels should fully understand the grim situation facing our city, earnestly follow the deployment requirements of the municipal party committee and municipal government, and earnestly align standards and tables with the deepest understanding, the most resolute attitude, and the most powerful measures to promote the rectification and reform of environmental problems in iron and steel enterprises. The work responsibility should be compacted again, and the rectification measures should be put into place, and the rectification and reform papers should be firmly handed in. "View details

[Tianqi Lithium Industry: the company is actively promoting the deal with IGO] some investors asked Tianqi Lithium Industry (002466), Hello, how is the progress of IGO? Is it at full capacity at present? How is the supply and demand situation? Is the price of the product adjusted according to the market situation? has it been locked up for a long time? The company replied, Hello investors, the company is actively promoting the transaction with IGO, which is accompanied by a series of delivery prerequisites, which need to meet the relevant conditions in order to officially start and complete the delivery. "View details

[10 consecutive increases in silicon prices in the first 10 years to catch up with 130 yuan / kg module prices are expected to fall? ] data show that the transaction prices of re-input materials, single crystal densifier and single crystal cauliflower have increased by 4%, 5%. From the transaction price, the highest price of single crystal compound has reached 130000 yuan / ton, with an average price of 127300 yuan / ton. the average price of single crystal densifier is 124300 yuan / ton, and the average price of cauliflower is 120700 yuan / ton. The former silicon orders are mainly bulk orders and urgent orders, and some enterprises prefer to lock the purchase quantity of silicon materials at a high price in order to ensure supply. The price of silicon has risen 10 times in a row as of this week. "View details

[silicone company WACKER, Huitian raised product prices] Huitian, WACKER yesterday announced an increase in product prices. Huitian announced an increase in the price of electronic adhesive, due to the high prices of raw material 107 glue, silicone oil and so on, which will be implemented from April 1, and the specific price will be given priority to by notification letter. WACKER announced that it will increase the price of all series of redispersible rubber powder in Greater China by 1 yuan / kg (including tax), which will be implemented immediately on March 26th.

Wang Fenghai, general manager of Shanghai Futures Exchange, and his entourage conducted research on Jiangxi Ganzhou rare Earth Group Co., Ltd. and local rare metal production enterprises from March 24 to 25. Wang Fenghai said that since 2013, the Shanghai Futures Exchange has actively studied the feasibility of listing rare earth and rare metal varieties and promoted the relevant futures varieties to be listed as soon as possible.

Terminal information

[CLP Electric: plans to buy 100% equity in Beiqing Wisdom to change its main business to photovoltaic and wind power power plant projects] CLP announced that the company intends to purchase 100% equity in Tianjin Beiqing Electric Wisdom Energy Co., Ltd. through a major asset exchange and share issue, and issue shares to raise supporting funds. The price per share for the transfer of shares is 12.19 yuan per share. After the completion of this transaction, the controlling shareholder of the listed company will be changed to Tianjin Fuqing, and Beijing SASAC will become the actual controller of the company. "View details

[car] Evergrande Motor: signed subscription agreements with six investors, received a total of 21 billion yuan, and has issued or will issue new shares to it. So far, Evergrande has invested a total of 47.4 billion yuan in the new energy vehicle industry. Of this amount, 24.9 billion yuan is used for the acquisition of core technology and R & D expenses, and 22.5 billion yuan is used for the construction of car depots, equipment procurement, auto parts procurement and so on. In 2020, Evergrande made a net loss of 7.74 billion yuan in the new energy vehicle industry, and 44.26 yuan in the same period in 2019.

According to the data released by the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, from January to February in 2021, the profits of the automobile industry increased rapidly compared with the same period in 2019. Compared with the same period in 2019, the profits of the automobile industry increased rapidly compared with the same period in 2019. From January to February, the cumulative profits of the automobile industry reached 83.23 billion yuan, an increase of 25.3 times over the same period last year, accounting for 7.5% of the total profits of industrial enterprises above scale. Compared with the same period in 2019, it decreased by 9.3%.

[the chip shortage exceeds the previous estimate] on March 27, the relevant person in charge told reporters that the chip shortage exceeded the previous estimate and was still closely monitoring the supply situation of the industry. actively coordinate supply chain resources. Production is expected to resume after five working days of shutdown, but the long-term supply situation remains to be seen.

[Honda agrees to sell its British car factory to logistics giant Panatoni] A Honda spokesman said Saturday, according to media reports, Honda has agreed to sell its only British car plant in Swinton, England, to logistics giant Panatoni. It is reported that Panatoni plans to invest heavily in this large factory.

[Li Daokui: the future competition for electric vehicles will be fierce and it is estimated that there will be overcapacity soon] Li Daokui, a famous economist and professor at Tsinghua University, said at the 29th Chinese and foreign management symposium that electric vehicles must have overcapacity. Who will squeeze after the overcapacity? Everyone went to the battery factory, the battery was awesome, and the Ningde era was very good. Further down, everyone saw that the battery earned money and went to invest in the battery. After the battery was put in, it was found that metal lithium, as well as cobalt, cobalt was mainly produced by gold from the Congo. Cobalt, copper and lithium were in short supply, so they began to do this. Round after round, the blue sea and the red sea are constantly changing, and the blue sea is dry into the red sea, and then pushed up, which is worthy of attention in the future.