[SMM Metal Breakfast] mixed ups and downs of non-ferrous metals * SMM- Lithium Huitong Battery Recycling Price officially released * the 6th China International Nickel-Cobalt-Lithium Summit Forum focuses on the global economy, nickel-cobalt-lithium prices,

[live broadcast of Ni-Co-Li Summit] focus on: global economy, Ni-Co-Li prices, battery technology and battery recycling

"[overnight market] Lun Copper rose slightly. The number of unemployment benefits requested by the United States at the beginning of the week reached its lowest level since the epidemic.

"[macro outlook] focus on the euro zone consumer information index for May and Markit manufacturing PMI

Metals rose and fell in the outer plate yesterday, with Lun copper up 0.07%, Lun aluminum down 1.78%, lun lead up 1.95%, Lunzn zinc up 0.82%, Lenny down 1.28%, Lunxi up 0.12%, and Lunxi copper up on Thursday as buying was spurred by a weaker dollar and fears of a strike in Chile, but China, a major consumer, has limited gains by plans to control supply, demand and prices of commodities. Domestically, international copper fell 0. 03%, shanghai aluminum fell 1. 76%, shanghai lead rose 1. 26%, shanghai zinc rose 0. 16%, shanghai nickel fell 1. 42%, and shanghai tin fell 0. 15%.

The dollar fell back on Thursday, hovering near multi-month lows as a risk-driven rally attracted investors to flee safe-haven currencies, reversing Wednesday's rally.

U. S. stocks closed higher on Thursday, led by the technology sector. The Dow rose 188.11 points, or 0.55%, to 34084.15; the Nasdaq rose 236.00 points, or 1.77%, to 13535.74; and the S & P 500 rose 43.44 points, or 1.06%, to 4159.12. The main stock index rebounded after falling for three consecutive days. Market sentiment was boosted by the US's initial request for unemployment benefits data last week to hit its lowest level since the outbreak. Investors continue to focus on inflation and its impact on Fed policy. According to data released by the U.S. Department of Labor, the number of initial claims for unemployment benefits fell to 444000 in the week to May 15, with an expected 450000, revised to 478000 and an initial value of 473000. The number of initial jobless claims in the United States this week continued to reach its lowest level since March 14, 2020.

In terms of crude oil, crude oil futures prices closed down for the third trading day in a row on Thursday, in part because of signs of progress in the US-Iraq negotiations and the prospect of the United States lifting sanctions against Iraq, thus significantly increasing the supply of crude oil market in the future.

In precious metals, COMEX gold futures closed slightly higher on Thursday as yields on the dollar and U.S. Treasuries fell and investors calmed down hints that the Federal Reserve / FED might scale back economic support measures.

Yesterday, the inner disk size index continued to differentiate, with the Prev down 0.13% to close at 3506 points; the Shenzhen Composite Index up 0.35% to close at 14535 points; and the gem index up 0.93% to close at 3143 points. The net outflow of Shanghai shares is 1.585 billion, while that of Shenzhen stocks is 39 million. On the plate, liquor and securities plates are floating red, steel, coal and other periodic stocks have fallen sharply, and the medical and American plate has gone up and down. In the afternoon, banks and brokerages made efforts on the Prev once turned red. Individual stocks rose less or fell more, up more than 9% of stocks, about 70, chip stock Oriental Silver Star promoted six consecutive boards, and medical American stock Rongyu Group advanced to five consecutive boards. On the plate, liquor and securities plates are all floating red, carbon neutralization plates are weaker in the afternoon, steel, coal and other periodic stocks have fallen sharply, and the medical and American plate has gone up and down. On the market, spirits, securities, banks and charging piles are among the top gainers, while coal, steel and scarce resources are among the top declines.

LME inventory

Macro focus

[the US Treasury proposes to set the global minimum corporate tax rate at 15 per cent] the US Treasury said in a statement on Thursday that its team proposed a 15 per cent global minimum corporate tax rate at the OECD / G20 meeting on international tax negotiations. to end competition that attracts companies through low tax rates that eventually erode government revenue. The proposal brings the US position closer to the 12.5 per cent minimum tax rate discussed by the OECD before the US resumed negotiations. In March, the Biden administration proposed a 21% tax on global profits of American companies.

[31133 new confirmed cases of COVID-19 in the United States have been confirmed and a total of 33050952 have been confirmed.] according to data from Johns Hopkins University in the United States, as of 17:21 US Eastern time (05:21 domestic time on May 21st), the total number of confirmed cases of COVID-19 in the United States reached 33050952, and the total number of deaths reached 588443. Compared with 24 hours ago, there were 31133 new confirmed cases and 700 new deaths.

[5741 new cases confirmed by COVID-19 in Italy totaled 4178261 cases] as of May 20, local time, Italy had 5741 new cases confirmed by COVID-19 in a single day, with a total of 4178261 confirmed cases, with a total of 124810 deaths; 12816 new cured cases and a total of 3753965 cured cases; and there are 299486 confirmed cases.

The Defense Department issued a statement on the US ship sailing through the Taiwan Strait and illegally intruding into the territorial waters of Xisha: on 18 May, the US destroyer "Wilbur" sailed through the Taiwan Strait, and on 20 May the ship illegally intruded into China's territorial waters of Xisha without the approval of the Chinese Government. The relevant war zones of the Chinese people's Liberation Army organize sea and air forces to track and monitor US ships and warn them to drive away in accordance with the rules and regulations. Within a few days, US warships continuously sailed through the Taiwan Strait and intruded into our territorial waters in Xisha, which is a serious provocation and of a very bad nature, and we firmly oppose and strongly condemn this. We demand that the US side clearly understand the situation, stop provocations, abide by the one-China principle and the provisions of the three Sino-US joint communiques, do more things conducive to regional peace and stability, and refrain from creating obstacles and troubles for the relations between China and the United States and the two armed forces. The Chinese army will take all necessary measures to deal with all threats and provocations and resolutely safeguard national sovereignty and territorial integrity.

[Italy passed a newly revised economic rescue bill totaling 40 billion euros] the Italian cabinet passed a newly revised economic rescue bill totaling 40 billion euros. In addition to financial assistance for various economic activities, a prohibition on dismissal has been added. The bill stipulates that companies that receive subsidies for the epidemic until the end of June will extend the ban on the dismissal of employees until August 28.

[EU fines a total of 371 million euros on several financial institutions for bond monopoly] EU antitrust agencies announced on the 20th that Japan's Nomura Securities, Swiss Bank and Italy's UniCredit were fined a total of 371 million euros on the grounds that the three institutions were found to have implemented bond monopolies during the novel coronavirus epidemic. The European Commission said on the same day that Bank of America and Royal Bank of Scotland also had bond monopolies, but they were not punished this time for a variety of reasons.

[Iranian President: an overall framework for ending oil sanctions has been reached] the Iranian president said that an overall framework for ending oil sanctions has been reached and related issues are still being discussed to reach a final agreement.

The General Office of the CPC Central Committee and the General Office of the State Council issued the opinions on regularly carrying out the anti-triad struggle to consolidate the achievements of the special struggle against triads and evils in many industries, such as financial lending, the General Office of the CPC Central Committee and the General Office of the State Council issued the "opinions on carrying out regular anti-triad struggle and anti-evil struggle". The "opinion" proposes to establish and improve the prevention and rectification mechanism for source control. We will continue to carry out special rectification and comprehensively strengthen supervision in the field of the industry. we will focus on tackling both the symptoms and root causes of the outstanding problems and chaos existing in financial lending, engineering construction, transportation, market circulation, natural resources, ecological environment, cultural tourism, education and health, information network, social security and other industries. According to the composition and division of labor of the original national anti-triad and anti-evil special leading group, the central government set up a national leading group and its offices for the anti-triad struggle, and party committees and relevant departments at all levels retained corresponding leadership and offices to bring the anti-triad struggle into the overall economic and social development plan and promote it.

(LPR said mortgage rates still have room to rise for 13 months but monetary policy is not expected to tighten significantly.) the May loan market quotation rate, (LPR), announced on Thursday, has been flat for the 13th month in a row. Analysts expect lending rates to rise steadily and slightly, with room for upward growth in mortgage rates, but monetary policy is not expected to tighten sharply as commodity prices rise too fast. On May 20th, the National Interbank loan Center announced that the one-year LPR was 3.85% and the LPR for more than five years was 4.65%. The quoted interest rates in the two loan markets have remained unchanged for 13 consecutive months.

[the relevant companies with carbon emissions trading rules are expected to be the first to benefit] the Ministry of Ecology and Environment has issued announcements on "carbon emissions Registration Management rules (trial)", "carbon emissions Trading Management rules (trial)" and "carbon emissions settlement Management rules (trial)". Among them, the trading rules point out that carbon emissions trading should be carried out through the national carbon emissions trading system, which can be transferred by agreement, one-way bidding or other ways in line with the regulations.

[Singapore to set up a new global carbon exchange] DBS Bank, Standard Chartered Bank, Singapore Exchange and Singapore state-owned investor Temasek Holdings said on Thursday that they were working together to develop a global exchange and market for high-quality carbon emissions. The proposed Singapore Exchange and Market Climate impact X (Climate Impact X) is a joint venture of the four companies and is expected to be launched by the end of 2021, executives said at a news conference.

[motor vehicle emission hazards shall be recalled from July] in order to protect and improve the environment and protect human health, if motor vehicles have emission hazards, their producers shall carry out the recall. According to the Law on the Prevention and Control of Air pollution and other laws and administrative regulations, the General Administration of Market Supervision announced the regulations on Motor vehicle Emission recall on the 20th, which will come into effect on July 1 this year. The term "emission hazard" refers to a situation in which the same batch, model or category of motor vehicles do not comply with the national standards for the discharge of atmospheric pollutants due to design, production defects or non-compliance with the prescribed environmental protection durability requirements.

[Shanghai strengthens the supervision of housing leasing institutions and suspends the authority of nine illegal intermediary agencies for housing leasing.] according to the official account of the Shanghai Housing Administration, recently, the housing rental service centers of various districts and the 962269 hotline of the municipal real estate transaction center have received many customer complaints one after another, reflecting that their houses have not been leased by intermediaries and have been handled for the record without knowing it. To this end, the Shanghai Real Estate Trading Center, together with the Municipal Housing Administration, the relevant departments of the Pudong New area, and the municipal real estate brokerage industry association, investigated the online rental visa record of the intermediary agencies involved, looked for problems, and held a special meeting to study the treatment measures. According to the relevant regulations, the Shanghai Real Estate Trading Center suspended the rights of nine illegal intermediary agencies, including Shanghai Yuexin Real Estate Brokerage Co., Ltd., Shanghai Jinshu Real Estate Brokerage Office, and so on. At the same time, it is suggested that relevant institutions and responsible personnel should be included in the Association's integrity platform for publicity.

[real estate supply chain "non-standard" financing is blocked and supervision calls to stop filing fund subsidiary real estate supply chain products] under the policy of "housing is not speculative", the Fund Industry Association recently ordered fund subsidiaries to put on record real estate supply chain products, mainly the assets at the end of the purchase. The form of "non-standard" financing through asset management plans such as fund subsidiaries has always existed. But yesterday the window director of the fund industry association asked for a moratorium on the filing of such products. At present, the fund subsidiary has been asked to suspend the filing of real estate supply chain products. Some brokerage asset management personnel said that basically consistent with the regulatory requirements of fund subsidiaries, brokerage asset management will also be required to suspend the filing of real estate supply chain products.

[analyst: the outbreak of the Asian epidemic may hit the supply chain to further push up inflation in the United States] recently, the epidemic has made a comeback in some countries or regions in Asia. The surge in novel coronavirus cases in Asia's main manufacturing hub could hit global supply chains, leading to a faster rise in US inflation, a business consultant said on Wednesday. In the past few weeks, the epidemic has made a comeback in Asian manufacturing economies such as Japan, South Korea and Vietnam, where products or parts are sold around the world, including the United States.

Today's focus

[SMM cell and SMM- Li Huitong battery recycling price officially released] in recent months, there has been an imbalance between supply and demand of battery materials, and prices have risen sharply. Due to the lack of unified pricing and linkage mechanism with raw material prices between batteries and downstream enterprises, and market price confusion, most enterprises have no laws and regulations to avoid the risks caused by fluctuations in raw materials. In order to help the market avoid transaction risks and reduce transaction costs, And provide a true reflection of the market raw material end to core end price linkage spot prices, will release six mainstream core spot quotations. "View details

SMM survey: how does the copper cable terminal industry perform under the continuous transmission of high copper prices? Since the beginning of May, copper prices have hit record highs one after another, and the fear of heights in the copper cable terminal industry is obvious. The orders of cable companies have been bruised to varying degrees, and the degree of contusion is also closely related to terminal consumption. In this context, what is the recent consumption performance of the copper cable terminal industry? The SMM Copper Research Group brings you the latest market news. "check the details.

[daily Review of recycled Copper on May 20: supply side cherish sales waiting for rebound tight quotation continues to rise] affected by macro news, copper prices fell sharply today, driving scrap copper prices down, scrap copper upstream suppliers hesitant to sell, looking forward to rebound. Traders are also bullish on receiving goods, the market supply circulation is tight, and the quotation continues to rise. "check the details.

[SMM aluminum downstream weekly survey: profile enterprise start continued to grow leading enterprises started to continue to increase] this week, the operating rate of aluminum downstream processing leading enterprises rose again 2.3 percentage points to 77.1%. The growth comes from the significant increase in the start-up of profile enterprises. according to the feedback from the survey, due to the pick-up of orders in real estate, building profile orders in profile enterprises have picked up slightly, and aluminum formwork orders in industrial materials have increased sharply, leading to a rapid pick-up in the operating rate of profile enterprises. "check the details.

SMM analysis: how about the export data of pre-baked aluminum electrolytic aluminum in April when it was put into production overseas this year? SMM brief analysis: according to customs statistics, the total export volume of China's prebaked anode in April 2021 was about 113200 tons, a decrease of 4.87% from the previous month and 14.2% from the same period last year. In April, the total export amount of China's prebaked anode reached US $75.339 million, and the average export price in April was recorded. "check the details.

SMM Analysis of the high price difference between aluminum and silicon does the aluminum alloy factory still want to stock up on silicon? On the one hand, aluminum prices fell due to long profits leaving the market, on the other hand, yesterday the standing Committee of the State Council mentioned the need to control the excessive rise of commodities through import and export and reserve adjustment, and the market immediately fell back. The trigger for this wave of rapid rise in silicon prices was the sudden suspension of production at the Baoshan Silicon Plant in Yunnan, one of the main production areas, on Thursday, May 13, last week. Many buyers actively replenished stocks out of concern about the resumption of production of Yunnan silicon plants as scheduled, and silicon prices rose rapidly when there was not much spot in the market during the dry season and the raw material inventory of the purchasers was low. "View details

[SMM Evening News SMM5 20 Electric vehicle Battery Market Summary] dealers in Fujian reflect that the terminal consumption of the electric bicycle battery market is light, the battery inventory is digested slowly, and the industry maintains a promotional atmosphere. At present, the main model 48v20Ah wholesale 370-380 yuan / group. "check the details.

[SMM analysis: steel price return to rational market will usher in benign development] after this round of collapse, the early irrational rise has been controlled, and the market has gradually returned to fundamentals. Since the beginning of this week, the National Development and Reform Commission has stepped up the preparation of the 2030 carbon peak action plan, and on the 18th, Vice Premier Han Zheng stressed that he would continue to vigorously promote capacity reduction in key industries. The NDRC issued a notice that it will form an on-site inspection team to carry out a "look back" on-site inspection of steel production capacity, and it is expected that the output of some steel mills will be affected. "check the details.

[SMM billet operating rate billet prices remain high for a long time and billet mills struggle to increase production] according to a survey by SMM, as of May 20, the operating rate of billet steel mills mainly producing building materials was 67.86%, up 19.29% from 48.57% in April and 16.14% lower than the same period last year. "View details

[according to SMM data, imports of stainless steel from Indonesia increased by 13% to 170000 tons in April.] according to customs data, imports of stainless steel from Indonesia in April 2021 were 170300 tons, an increase of 20, 000 tons from the previous month, an increase of about 13.41%. The cumulative import volume from January to April in 2021 is about 668300 tons. Among the stainless steel imports from Indonesia in April, other stainless steel semi-finished products were imported. "View details

On May 20, the mainstream ex-factory price of 90 magnesium ingots in Fugu area was 20000-20300 yuan / ton, and the mainstream ex-factory price of 95B magnesium ingots was 20300-20500 yuan / ton. The ex-factory price in the main producing areas of magnesium ingots was 1000 yuan lower than yesterday. Please see the detailed quotation and reasons for the reduction. "View details

[SMM electrolytic manganese daily evaluation manganese price short-term strike price operation] SMM May 20, the spot factory price including tax in the mainstream area of the manganese triangle is around 16000-16200 yuan / ton, which is the same as yesterday's average price; the spot factory price including tax in Guangxi is around 16100-16200 yuan / ton, which is stable than yesterday's market price. "View details

[statistics on the opening time of Sichuan Silicon Plant during the High Water period based on SMM data] Sichuan entered the high water period on the 25th of this month, and electricity prices were implemented during the high water period. Silicon plants in Ya'an, Leshan, Aba Prefecture and other places are all in preparation for resuming production and start the furnace before the 25th, and only a few are ignited before the end of May. There is a large proportion of small hydropower in Liangshan area. Due to the shortage of power supply in Rain Water, it is difficult to resume production in May. It is expected to increase production after the increase of Rain Water in mid-June. "View details

Important news of metals and industry

[BHP Billiton announces South Flank production of 80m tonnes of iron ore per year] BHP Billiton reports that its South Flank iron ore project in Western Australia has delivered the first batch of products. South Flank is a mine with an annual production capacity of 80 million tons per year. Together with the existing C mining area, it will form the largest iron ore operation hub in the world-producing 145 million tons of iron ore per year. "View details

[Wood Mackenzie: copper prices are too close to the sun] Julian Kettle, senior vice president and vice chairman of metals and mining at Wood Mackenzie, warned investors not to chase copper prices because the current rally could seriously damage the long-term growth of the market. The Kettle warning comes as copper prices have fallen sharply, down nearly 6 per cent from recent record highs, and are testing important support above $4.50 a pound.

[EIU:2021-22 refined copper consumption will continue to be supported, short-term apparent demand weakens] the agency expects refined copper consumption to continue to be supported in 2021-22 as economic activity rebounds after the major damage caused by the novel coronavirus epidemic. However, the apparent demand for cathode copper is likely to weaken in the short term. This is partly due to China's ongoing strong replenishment cycle, but also to the uneven distribution of novel coronavirus's vaccine, especially in emerging economies. Nevertheless, proactive monetary and fiscal policies will help to normalize economic activity.

[international Copper Association March China Copper demand Prosperity Index] in March, the International Copper Association China Copper demand Prosperity Index was 105.2, which was distributed above the "hot" limit (104.2), indicating that China's copper demand was relatively strong in that month. China's copper demand climate index reflects the current copper consumption boom, because the absolute volume of the index is treated as a month-on-month rate of change, so the climate index indicates the degree of prosperity of the month relative to the previous month.

[Ministry of Commerce: aluminum prices rose 3.7% last week (May 10-16)] according to the Ministry of Commerce, non-ferrous metals prices rose slightly last week (May 10-16), of which aluminum, copper and zinc prices rose 3.7%, 3.2% and 1.7% respectively. Coal prices have risen, with thermal coal, coking coal and No.2 anthracite rising 4.4%, 2.7% and 2% respectively to 665 yuan, 804 yuan and 959 yuan per ton.

[general Administration of Customs: 40700 tons of refined zinc imported in April 2021] the latest customs data of the General Administration of Customs released that in April 2021, 40700 tons of refined zinc were imported, an increase of 24.25% over the same period last year and a decrease of 11.6% from the previous month. A total of 780 tons of refined zinc were exported, that is, a net import of 40, 000 tons in March 2021. From January to April of 2021, imports totaled 174200 tons, an increase of 51.61 percent over the same period last year.

[China Dazhou Lithium potassium Resources Comprehensive Development Conference held in Xuanhan] May 12, China Dazhou Lithium potassium Resources Comprehensive Development Conference was held in Xuanhan. A total of more than 300 people attended the meeting, including leaders of state ministries, provincial and municipal departments, academicians and experts, trade associations and enterprise representatives. At about 8: 00 in the morning, leading experts and representatives attending the meeting divided into two groups to inspect and investigate Puguang Gas Field, Puguang Natural Gas purification Plant, Dawan 3 well, Puguang Gas Field Science and Technology Exhibition Hall, Lithium-potassium Comprehensive Development Industrial Park, and other places, and investigated in detail the operation of Hengcheng Lithium-potassium pilot Test Base and the construction of Hanwei Lithium-potassium pilot Test Base.

[vice President of the European Commission: the EU's goal is to abolish US steel tariffs as soon as possible] European Commission Vice President Dombrovskis said that the EU's goal is to abolish US steel tariffs as soon as possible, anyway before the end of the year.

[CISA: pay close attention to the progress of the EU "carbon Border Adjustment Mechanism" to study the impact of carbon tariffs] on May 19, the fourth General meeting of the Market and Import and Export Coordination Committee of the China Iron and Steel Association was held in Shanghai. Luo Tiejun, vice president of the Iron and Steel Association, said that it is necessary to make overall planning, carry out a solid breakdown of tax items, and promote the export of high value-added products; pay close attention to the progress of the EU's "carbon border adjustment mechanism" and study the impact of carbon tariffs in advance; properly handle the relationship between trade relief and improving the competitiveness of enterprises, and promote the high-quality development of foreign trade in iron and steel.

[the National Energy Administration defines matters related to the development and construction of wind power and photovoltaic power in 2021] the State Energy Administration recently issued a notice on matters related to the development and construction of wind and photovoltaic power generation in 2021. The wind and photovoltaic power projects to be connected to the grid in 2021 are mainly stock projects, including wind power projects approved before the end of 2020 and within the approved validity period, 2019 and 2020 parity wind photovoltaic projects and competitive photovoltaic projects. The scale is about 90 million kilowatts. Taking into account the project construction cycle, in order to ensure the wind power and photovoltaic power projects to be connected to the grid as scheduled in 2022, and to ensure the completion of the 2022 renewable energy consumption responsibility weight, it is necessary to reserve the projects to be connected to the grid in 2022 this year.

[the National Energy Administration defines matters related to the development and construction of wind power and photovoltaic power in 2021] the State Energy Administration recently issued a notice on matters related to the development and construction of wind and photovoltaic power generation in 2021. The wind and photovoltaic power projects to be connected to the grid in 2021 are mainly stock projects, including wind power projects approved before the end of 2020 and within the approved validity period, 2019 and 2020 parity wind photovoltaic projects and competitive photovoltaic projects. The scale is about 90 million kilowatts. Taking into account the project construction cycle, in order to ensure the wind power and photovoltaic power projects to be connected to the grid as scheduled in 2022, and to ensure the completion of the 2022 renewable energy consumption responsibility weight, it is necessary to reserve the projects to be connected to the grid in 2022 this year. In order to promote the development of household photovoltaic power generation, there are still subsidies for household photovoltaic power generation this year, the budget amount of financial subsidy is 500 million yuan, and the specific subsidy intensity is implemented in accordance with the relevant policies of the price department.

[new Energy Development promotes Lithium demand growth China builds a world-class salt lake industrial base] A few days ago, the first meeting of the leading group for the preparation of an action plan for the construction of a world-class salt lake industrial base was held in Xining to deliberate and discuss the "Action Plan for the Construction of a World-class Salt Lake Industrial Base (first draft)."

Today, the NDRC solicited opinions on the implementation of further improving the service guarantee capacity of charging infrastructure (draft for soliciting opinions). The agency said that charging piles have been included in the new infrastructure category, and the National Electroweb is also vigorously promoting the construction of charging piles and establishing an open operating platform, which has effectively solved the pain points in the industry, and charging pile enterprises are expected to usher in a revaluation.

[the "separatist war" of the global semiconductor industry intensifies that the United States, Japan and South Korea have invested more than 500 billion US dollars.] the global chip manufacturing competition continues to increase, and the wafer production capacity continues to be in short supply. Recently, the United States, South Korea, and Japan have issued a series of new policies to build a semiconductor industry chain. The United States plans to invest 52 billion US dollars, the radical South Korea has directly thrown out 450 billion US dollars, and Japan will expand the existing fund of 1.84 billion US dollars. The financial resources invested by the three countries have already exceeded 500 billion US dollars.

[German Chancellor laments: EU lacks expertise in chips and batteries] according to foreign media reports, German Chancellor Angela Merkel (Angela Merkel) expressed her concern that Europe will not be able to produce the semiconductor chips and batteries needed to compete with its peers in automobile production and smart home appliance research and development. Speaking at the German Future Innovation Summit, Ms Merkel said Europe was at risk of falling behind in areas such as quantum computing, chips and batteries.

The guiding price of GB grade I wolframite concentrate in Jiangxi Tungsten Industry holding Group Co., Ltd. is 98000 yuan / standard ton in the second half of May 2021.

In April, China imported 367000 tons of titanium concentrate and exported 107000 tons of titanium dioxide.

Terminal information

[Guangdong Geely Associated Company invested 400 million yuan in registered capital of semiconductor company] according to App, recently, Guangdong Core Yueneng Semiconductor Co., Ltd. was established with legal representative Xu Wei and registered capital of 400 million yuan. Its business scope includes integrated circuit design, integrated circuit manufacturing, integrated circuit chip and product manufacturing, integrated circuit chip and product sales, semiconductor discrete device manufacturing, and so on. The equity penetration chart shows that Weirui Electric vehicle Technology (Ningbo) Co., Ltd. holds a 40% stake in the company, the former of which is indirectly wholly owned by Geely Automobile Group Co., Ltd.

On May 20, 2021, BASF reached an agreement with Shanshan, a leading supplier of lithium battery materials serving the electric transportation and consumer electronics markets, to jointly form a joint venture controlled by BASF (BASF holding: 51%) in China. [Shanshan and BASF have successfully signed a contract to actively layout the positive electrode business of lithium-ion battery] on May 20, 2021, BASF and Shanshan, a leading supplier of lithium battery materials serving the electric transportation and consumer electronics markets, agreed to jointly form a joint venture company controlled by BASF in China. Cunninghamia lanceolata holding: 49%), producing cathode active material (CAM) and cathode material precursor (PCAM). After obtaining the relevant approval, the deal is expected to be formally completed by the end of this summer.

[LG will provide NCMA battery materials for Tesla Model Y in July] LG Chemistry will supply Tesla with Ni-Co-mn-Al (NCMA) quaternary battery cathode materials in July, which is the first commercial production of NCMA cathode materials by LG Chemistry. The material contains 90% nickel and will be used in cylindrical batteries supplied by LG energy solutions for Tesla SUV Model Y. In November last year, South Korean lithium battery giant LG Chemical recently signed a contract with Tesla to supply batteries for the Model Y model produced by Tesla's Shanghai factory, according to industry insiders.

[Hengchi is about to mass produce and deliver Evergrande cars in the future] the prosperity of the new energy car race track continues to rise. Sales of new energy vehicles rose 2.5 times year-on-year from January to April this year, a trend that is more optimistic than the 40% year-on-year growth expected by the China Automobile Association in 2021. In the capital market, as of May 19, the whole vehicle plate of Huashun Automobile has closed for four consecutive trading days, and the new energy automobile plate has set off a rising and stopping trend. Many institutions generally believe that the market penetration of new energy vehicles is ushering in a new round of acceleration, high-quality stocks are particularly worthy of attention, while Evergrande is highly valued because of its strong car-building strength and development potential.

[Tesla's domestic V3 supercharging station was inaugurated in Shenzhen] on May 20, the first Tesla domestic V3 supercharging station was launched in Shenzhen Union Square, and 9 domestic third-generation supercharging piles (V3) were officially opened. It is reported that this batch of domestic V3 super charging piles comes from the Shanghai Super charging pile Factory, which has just been put into production.

[travel association: retail sales of narrow passenger cars are expected to rise 3.3 per cent year-on-year in May] the association said retail sales of narrow passenger cars in May are expected to be 1.66 million units, up 3.3 per cent from a year earlier. Under the active production deployment and other measures of manufacturers, the impact of chip shortage on terminal sales is continuing to be alleviated, and the degree of recovery of normal production and supply remains to be further observed.

[Changan Lai officially changed its name to "Avita Technology"] according to the announcement: "May 20, 2021, Changan Lai New Energy Automotive Technology Co., Ltd., the holding subsidiary of Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as" Changan Automobile "or" the Company ") has officially changed its name to Avita Technology Co., Ltd. (hereinafter referred to as" Avita Technology "). Avita Technology will fully market-oriented operation, independent operation, independent development, and Changan Automobile, Huawei, Ningde era to join hands to create the world's leading, independent and controllable intelligent electric network vehicle platform (CHN), to create a rich range of smart car products, build a "human-car home" intelligent life and intelligent energy ecology. "

[Nezha Automobile sets up New Energy Automobile Manufacturing Company with registered capital of 1 billion yuan] on May 18, Nashi New Energy Automobile Manufacturing Co., Ltd. was established with the legal representative of Ark and registered capital of 1 billion yuan. the scope of business includes: auto parts research and development; auto parts and parts manufacturing; industrial design services; software development and so on.

[the purchase contract of 2.251 billion yuan for single crystal furnace signed by Shuangliang Energy Saving will be used for the large-size single crystal silicon wafer project in Baotou] according to the announcement issued by Shuangliang Energy Saving, on May 18, the wholly-owned subsidiary Shuangliang Silicon material (Baotou) and Jingsheng Mechatronics and Liancheng Kax Technology Co., Ltd. signed contracts for the sale and sale of single crystal furnaces, with contract amounts of 1.405 billion yuan and 846 million yuan respectively, and the object of the contract is Czochralski single crystal furnace. Will be applied to the company's Baotou large-size single crystal silicon wafer project. It is worth mentioning that the investment in the purchase of single crystal furnace equipment has exceeded the total business income of Shuangliang Energy Saving last year.

[BYD's 1 millionth new energy vehicle offline "double core" supports sustained growth in production and sales] on May 19, BYD, which has been the top seller of new energy vehicles in China for eight consecutive years, once again ushered in a milestone-the millionth new energy vehicle was officially off the line. At the offline ceremony, BYD Chairman Wang Chuanfu said that by mastering the core technology of the whole industry chain, such as battery, motor, electric control and chip, BYD can achieve independent control and innovation of the industrial chain. Up to now, BYD has applied for 32000 patents and granted 21000 patents, ranking first on the list of new energy vehicle patents.

[Ford and SK Innovation will launch electric car battery joint venture] Ford and South Korean battery maker SK Innovation will set up a battery joint venture in the United States to support Ford's launch of more electric vehicles, according to two people familiar with the matter. Sources said that the memorandum of understanding of the joint venture will be released today (May 20). Ford plans to release the latest news on the Ford battery at 9: 00 a. M. et on May 20. The deal could eventually include a co-owned factory to produce cells in electric car batteries.