[SMM Metal Morning reference] the people's Bank of China lowered the reserve requirement * the coloured collective floating red inside and outside the plate * the processing fee of fine scrap copper rod has been greatly reduced.

SMM China Base Metal production data released in June 2021

"[overnight market] the people's Bank of China lowered the reserve requirement for the weakening of the US dollar, and the colored inside and outside were collectively floating red.

"[macro outlook] follow the PPI data of Japan and the speech of the chairman of the Federal Reserve of New York in the United States.

The market closed overnight.

Overnight metal futures prices were red across the board, with Lun Copper up 1.77%, Lun Aluminum up 1.8%, Lun lead up 1.35%, Lunzn Zinc up 1.29%, Lunni up 2.04%, and Lunxi up 0.08%. Lun Copper jumped on Friday as China announced a cut in the interest rate on reserves. Nickel prices hit a four-month high on Friday as seasonal demand strengthened and investors bullish on the outlook for the green economy bought again. Domestic nonferrous metals are also red across the board, with international copper up 1.7%, Shanghai copper up 1.57%, Shanghai aluminum up 1.28%, Shanghai lead up 1.24%, Shanghai zinc up 1.03%, Shanghai nickel up 1.58%, and Shanghai tin up 1.09%.

According to the news on the official website of the people's Bank of China on July 9, in order to support the development of the real economy and promote a steady decline in comprehensive financing costs, the people's Bank of China has decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on July 15, 2021 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.9%.

[SMM] Market View: an interpretation of the impact of Reserve cut by the people's Bank of China

The dollar index fell and the yield on the 10-year Treasury note rose about 6 basis points to 1.35%. Recent weak data in the US, coupled with a surge in novel coronavirus cases in many parts of the world, heightened fears that the global economic recovery was losing momentum, causing the eight-day decline in 10-year Treasury yields to end abruptly on Friday.

The three major indexes of US stocks all reached new highs, led by the concept of economic recovery. Treasury yields rebounded, with 10-year yields above 1.3%. U.S. president Joe Biden has signed an executive order to strengthen censorship of technology companies and promote competition. The Dow rose 448.23 points, or 1.30%, to 34870.16; the Nasdaq rose 142.13 points, or 0.98%, to 14701.92; and the S & P 500 rose 48.73 points, or 1.13%, to 4369.55.

In terms of crude oil, international crude oil futures closed sharply higher on Friday, extending the previous session's rebound as the market reacted to the decline in US oil inventories last week and there were signs of strong Asian demand from China and India, which also provided support.

In terms of precious metals, international COMEX gold futures rose on Friday, recording their biggest weekly gain in seven weeks, amid growing concerns that the spread of the Delta variant could hamper the global economic recovery.

LME inventory

Macro focus

According to the news on the official website of the people's Bank of China on July 9, in order to support the development of the real economy and promote a steady decline in comprehensive financing costs, the people's Bank of China has decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on July 15, 2021 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.9%. "View details

Bureau of Statistics: in June, CPI fell 0.4% from the previous month, up 1.1% from the same period last year, and the increase was 0.2% lower than that of the previous month. Among them, food prices fell 1.7% from 0.3% last month, affecting the decline of CPI by about 0.31%, mainly driven by the expansion of the decline in pork prices. PPI rose 0.3% month-on-month, 8.8% year-on-year, 0.2% lower than last month. In June, the scissors gap between PPI and CPI was unchanged from 7.7 per cent last month.

Energy Bureau: all localities should maintain continuity of work, and photovoltaic power generation projects under filing and development and construction in this region should continue in accordance with relevant procedures. The filing and Electroweb access of existing projects shall not be suspended or suspended on the grounds of pilot projects.

Us Department of Energy: us coal production will grow by 15 per cent this year, the biggest increase since 1990 and almost double the 8 per cent growth forecast in May. Demand for coal is growing in both the domestic and overseas markets. Us coal exports will increase by 21 per cent this year and 19 per cent in 2022.

[Biden signs executive order to promote competition in various industries in the United States] President Joe Biden signed an executive order on July 9 local time to promote competition in various industries in the United States. The bill provides guidance and restrictions on anti-competitive practices in science and technology, health care and other areas, while increasing the income of workers and providing protection for consumers.

(the Fed's rare voice: the "surge" in cryptocurrency prices reflects increased risk appetite.) on Friday, the Fed's monetary policy report to Capitol Hill made a rare call for cryptocurrencies, highlighting the sharp rise in cryptocurrency prices. Bloomberg said it was the first time the Fed had done so. The Fed said the "surge in asset prices of various cryptocurrencies" reflected an increase in investor risk appetite. While officials within the Fed have discussed cryptocurrencies before, the agency itself rarely, if never, uses this asset class as a benchmark for considering broader market conditions. The small changes suggest that the Fed has done more in-depth research on cryptocurrencies.

Today's focus

[SMM analysis: the processing fee of fine waste copper rod is greatly narrowed to stimulate the higher operating rate of electrolytic copper rod enterprises] affected by the rising water of electrolytic copper rod, the processing fee of electrolytic copper rod has shown a rising trend recently all over the country. Due to the small price difference between fine waste and waste, there is no profit in the production of recycled copper rods. At present, some recycled copper rod factories have told us that their operating rate has begun to decline recently, and it is expected that it will continue to decline in the future, which may stimulate the operating rate of electrolytic copper rod to go up. "View details

[SMM analysis: enamelled wire industry enters the consumption off-season and the operating rate decreases gradually in June and July] according to SMM survey data, the operating rate of enamelled wire in June was 79.41%, an increase of 5.62% over the same period last year was narrowing, and the month-on-month decline was 1.88%, which was 0.35% lower than the expected 79.76%. "View details

[SMM analysis: strong demand for copper foil in high-end electronic circuits processing fees are still on the rise] in the past 2020, due to the impact of the novel coronavirus epidemic, there was an obvious mismatch between supply and demand in the copper foil industry, superimposed copper prices rose, enterprise costs rose rapidly, and copper foil processing fees rose all the way. According to SMM research, electronic circuit copper foil processing fees began to enter the upward channel in the third quarter of last year. By the first quarter of 21, the processing fees for some specifications have increased by more than 100% compared with last year's lows, and the product price difference is becoming more and more obvious. The processing fee difference between An and B products is about 15000 yuan per ton. "View details

[dumping mood dilution Zhongyuan aluminum processing procurement heating discount narrowed] near the weekend, downstream stock to provide a certain degree of activity for procurement. The spot trading of aluminum ingots in the Central Plains (Gongyi) has narrowed the discount to East China by a large margin, and the discount in early trading is concentrated on 20 yuan / ton in East China, which is 60 yuan / ton lower than that of yesterday. The holder said that the local arrival volume was on the low side, and the downstream processing enterprises rebounded after the end of the dumping and storage, supporting the spot strength. "View details

[SMM aluminum downstream weekly survey: national network centralized receiving cable start to improve the off-season downstream overall start slightly decreased] this week, the leading downstream enterprises started a slight decline of 0.1% to 72.8%. With the exception of the cable sector, which has increased due to the concentrated receipt of goods from the national network, the other sectors are slightly affected by the off-season. "View details

[SMM analysis: a brief analysis of the recent electrical round aluminum rod market] June (May 26-June 25) the domestic aluminum price high horizontal finishing, aluminum cable operating rate rose slightly compared with June, aluminum rod processing fees stable operation, Shandong electrical round aluminum rod processing fees fluctuated in the range of 125400 yuan / ton, Inner Mongolia electrical round aluminum rod processing fees run at-25-225 yuan / ton. The average monthly spot price of SMM East China A00 aluminum ingots recorded 18609 yuan / ton in June. "check the details.

[SMM survey: operating rate of recycled aluminum alloy enterprises in various regions in June 2021] SMM investigated and analyzed the operating rate of recycled aluminum alloy enterprises in various regions of the country in June, and the start-up rate continued to decline in June, analyzed from both sides of supply and demand. "check the details.

[SMM survey: recycled lead smelter centralized maintenance and resumption of production in four provinces the operating rate of recycled lead is rising rapidly] according to the Shanghai Nonferrous Network (SMM) survey, this week (July 5-July 9) SMM recycled lead smelting enterprises in the four provinces have a weekly operating rate of 57.49%, a sharp increase of 7.15% compared with last week. "check the details.

[SMM analysis: the structure of lithium hydroxide continues to improve in July or will continue to rise] from the point of view of the structure of supply and demand, the removal of lithium hydroxide from China in June and July is obvious. Due to the shutdown and maintenance of some domestic smelters in July, which coincides with the release of high nickel production capacity downstream and the increase in overseas demand, the structure of supply and demand continues to improve, and prices are expected to continue to rise in July. "View details

[SMM News: Indonesia's refined tin exports rose 5 per cent month-on-month in June compared with the same period last year.] Indonesia's refined tin exports in June were 5622.81 tons, up 5 per cent from 5359.7 tons in May, and basically the same as in May last year. At present, prices maintain a high volatility trend, the range continues to narrow, transaction activity performance is lacklustre. From the market performance, the trend is not good, the price of high and narrow shock funds continue to reduce positions and leave the market, indicating that the market has not yet formed a clear view on the late trend. "View details

[SMM analysis: Q3 downstream demand is expected to restart the rising trend of cobalt prices] in the third quarter, the 3C consumption season is approaching, superimposed many ternary precursors, materials enterprises production line is about to be put into production, strong demand is expected to help cobalt products prices restart the upward trend. "View details

[SMM analysis: prices of cobalt and nickel salts rose sharply in late June. Prices of precursors have risen nearly 15%] since late June, prices of cobalt, nickel and manganese salts have been rising continuously, driving the prices of precursors up sharply. On July 9, the market price of the three-yuan precursor 523 (power type) was 11.8-120000 yuan / ton, up 10000 yuan / ton from last week. Due to the tight supply of intermediate products, coupled with the increment of high nickel products of downstream head precursor enterprises and advance stock for the release of production capacity in the second half of the year. "View details

[SMM survey: primary former smelter weekly operating rate] according to Shanghai Nonferrous Network (SMM) survey, this week (July 2-July 9) SMM primary lead smelter weekly operating rate of 61.6%, this week primary lead smelter operating rate rose 0.11% month-on-month. "View details

[SMM Analysis: annual supply Prospect of Industrial Silicon in 2021] SMM investigation the cumulative output of industrial silicon in China from January to June in 2021 was 1.249 million tons, an increase of 38.1% over the same period last year. In the absence of new production capacity, the relief of raw material silica supply in Xinjiang led to the restorative growth of national industrial silicon production. The seasonal recovery of production capacity in Yunnan and Sichuan is the main source of the month-on-month growth of industrial silicon output in the second half of the year, but considering the large number of new production energy such as electrolytic aluminum, polysilicon, monocrystalline silicon and silicon wafers in Yunnan Province, the power supply situation in Yunnan Province is not optimistic. "View details

[SMM magnesium ingot spot KuaiBao: magnesium price is weak and stable market continues to wait and see] Today, the mainstream ex-factory price of 90 magnesium ingots in Fugu area is 19400 yuan / ton-19600 yuan / ton, and the mainstream ex-factory price of 95B magnesium ingot is 20900 yuan / ton-21100 yuan / ton. The ex-factory price of 90 magnesium ingots in today's main producing areas is the same as that of yesterday. Please see the details below. . "View details

[SMM silicon inventory arrival increases metal silicon social inventory accumulation] SMM statistics metal silicon social inventory totaled 32000 tons, an increase of 8000 tons over last week. The social inventory of metal silicon has increased significantly this week, but due to the delay in the start of the Yunnan silicon plant, its social inventory has decreased by 17000 tons compared with the same period last year, a year-on-year drop of 34.7%. With the resumption of production of large factories in the north and the increase of the operating rate in the southwest, it is expected that the social inventory of metal silicon will gradually enter the accumulation stage. "View details

[SMM Platinum Review: ruthenium Rhodium and Iridium weakens Platinum and Palladium returns to Market focus] recently, with the price of the earliest metal rhodium, ruthenium and iridium gradually weakening, especially after a sharp correction in the price of rhodium and gold, platinum and palladium has once again become the focus of market pursuit and attention. "View details

[SMM thread inventory: steel mills expand the scope of production reduction, reduce plant warehouse, reduce social warehouse growth narrowed] this week, the total inventory of building materials nationwide was 11.4947 million tons, an increase of 187000 tons over last week, + 1.7% month-on-month (previous value + 2.7%), and + 7.7% year-on-year (previous value + 6.7%). "View details

[SMM hot rolling scheduling report: part of the production reduction policy falls 4.5 per cent month-on-month.] according to the latest tracking of SMM, the planned hot-rolled commodity production of 35 mainstream hot-rolled steel mills surveyed in July totaled 10.0196 million tons, a decrease of 477600 tons compared with the actual hot-rolled commodity production in June and 4.5 per cent lower than the previous month. Look at domestic and foreign trade. "View details

[SMM analysis: Coke prices temporarily stable market pessimism emerges] at present, the coke spot market is temporarily stable, but market sentiment has changed, pessimism began to emerge. On the one hand, after July 1, temporary coal mines stopped production and resumed production one after another, and major coking coal producing areas and relevant central enterprises continued to step up their efforts, and a number of measures were carried out at the same time. "check the details.

[SMM analysis: market bearish coke price coke coal supply is still tight] this week, the coke market weak and stable operation, the market continues to wait and see, bearish sentiment has emerged. On the supply side, most coke enterprises have resumed normal production, coke inventory is running low, and CDQ resources are still tight. On the demand side, a mainstream steel plant in Shandong responded to the national call for crude steel production reduction, coke demand has been greatly reduced, coke daily consumption is expected to drop to about half of the normal value, and the current coke inventory of the steel plant is on the high side. "View details

[SMM Coke spot Daily Review: some Shandong steel mills reduce coke purchase prices] the coke market in Shandong is weak, and some mainstream steel mills in Shandong have reduced the coke purchase price by 120 yuan / ton, and after the reduction, the coke purchase price has been increased by one round, but the prices of the rest of the steel mills have not changed. At present, a mainstream steel plant in Shandong has stopped production and limited blast furnaces, resulting in a substantial reduction in coke demand in the short term, a high coke inventory in the plant, and a rising bearish sentiment on coke prices. "check the details.

[SMM News: crude steel reduction is expected to strengthen iron ore diving by 4% in the afternoon] SMM believes that at present, attention should be paid to the intensity of domestic production reduction. If the reduction is lower than expected, the rigid demand for iron ore will be superimposed with structural problems of varieties, and the short-term price downward space may be limited; if the output reduction exceeds market expectations, the profits of steel mills may be repaired, and there will be some support for ore prices in the short term. However, in the medium and long term, as the contradiction between supply and demand of iron ore accumulates gradually, the price will still be under pressure. "View details

[SMM high titanium slag spot KuaiBao: the overall price of high titanium slag remains stable] at present, the mainstream price of high titanium slag in China is 7600 yuan / ton-7900 yuan / ton, and the price of low calcium titanium slag is 8000 yuan / ton-8300 yuan / ton, and the price remains stable as a whole. "View details

[SMM Silver spot Trading Daily] spot trading in terms of supply prices corresponding to the Shanghai Gold Exchange deferred contracts little change, part of the national standard spot prices corresponding to the Shanghai Gold Exchange deferred contracts rose 1-2 yuan / kg, some can make warehouse receipts spot transaction prices corresponding to the Shanghai Gold Exchange deferred contracts rose 3-6 yuan / kg. "View details

[SMM analysis: in the first half of the year, the cost of domestic electrolytic aluminum is slowly rising.] in the first half of 2021, the cost of domestic electrolytic aluminum is affected by the cost growth factors of pre-baked anode and alumina, the cost is in a process of moderate rise, and the domestic electrolytic aluminum unit is profitable, and it also runs in the rhythm of high aluminum price-shock-high horizontal plate. As of this Friday, the spot aluminum price of SMM A00 is 18850 yuan / ton, and the full cost of the industry based on the quotation of SMM raw materials is in. "check the details.

[SMM analysis: production and sales of new energy vehicles set a new record in June. H1 production and sales both exceeded 1.2 million) the new energy vehicle market grew rapidly in the first half of the year, with the total production and sales of pure electric passenger vehicles reaching 958000 and 941000 from January to June, an increase of 255.8% and 244.1% over the same period last year, surpassing all other vehicle categories. While downstream consumers' acceptance of new energy vehicles continues to rise, the double points policy forces car companies to increase investment in new energy vehicles and infrastructure such as downstream charging piles continue to rise, production and sales may continue to rise in the second half of 2021. "check the details.

[SMM copper downstream weekly survey: fine waste price gap continues to narrow to boost refined copper rod orders.] this week, SMM surveyed the production and sales of major copper rod enterprises in China. Overall, the operating rate was about 70.56%, an increase of 7.26 percentage points over last week. Copper bar business orders unexpectedly rebounded this week, from the perspective of research. "View details

[SMM analysis: the new production line of ternary precursors leads to an increase in cobalt sulfate production] on the supply side, China produced 4989 metal tons of cobalt sulfate in June 2021, an increase of 8% from the previous month and 88% from the same period last year. In June, with the increase in demand for ternary precursors downstream, the orders and scheduling of cobalt sulfate enterprises increased, and the technological transformation of some enterprises switched the production line of nickel sulfate to cobalt sulfate and cobalt sulfate increment. In July, the demand for ternary precursors in the lower reaches continued to increase, leading some enterprises to switch cobalt chloride production lines to cobalt sulfate, and the supply of cobalt sulfate may reach a new high. "View details

Important news of metals and industry

[Jiangxi Copper: net profit for the first half of the year increased by 301% over the same period last year] Jiangxi Copper announced that it is expected to make a net profit of 2.99 billion yuan to 3.214 billion yuan in the first half, an increase of 301% over the same period last year. The prices of copper, sulfuric acid and other main products rose sharply during the reporting period compared with the same period last year

[a delivery warehouse of Shanghai Copper covers "four markets"] on July 8, the Shanghai Stock Exchange and the bonded Zone Administration of China (Shanghai) Free Trade pilot Zone signed a strategic cooperation framework agreement in Shanghai to co-ordinate the development of onshore business and offshore business. we will jointly promote the internationalization of China's commodity industry. At the same time, Chen Yanfeng, deputy director of the Administrative Committee of China (Shanghai) Free Trade pilot Zone and deputy director of the bonded Zone Administration Bureau, Zhang Yi, deputy director of Shanghai Customs, Li Hui, deputy general manager of Shanghai Free Trade Zone, and Liu Hong, chairman of Waigaoqiao Group, jointly unveiled the designated delivery warehouse of Shanghai Copper, Shitianwei Logistics (Shanghai Waigaoqiao bonded Logistics Park) Co., Ltd.

New figures released by the U.S. Department of Commerce show that the United States exported 3355378 kilograms of raw aluminum in May, up from 3279418 kilograms in April. A total of 16419040 kg of exports were exported from January to May.

[the first phase of the high-end double-zero aluminum foil project of Shenhuo subsidiary has been fully transferred to the production phase] on July 8, Shenhuo issued an announcement on the progress of the high-end double-zero aluminum foil project of the subsidiary Shenlong Baoding New material Co., Ltd. Shenlong Baoding high-end double zero aluminum foil project is located in Shangqiu City, Henan Province, urban and rural integration demonstration zone, the total estimated investment of the project is 3.325 billion yuan, the total design capacity is 105000 tons / year, the first phase is 55000 tons, the second phase is 50, 000 tons, of which double zero aluminum foil products are 100000 tons and single zero aluminum foil products are 5000 tons.

[luming Optics: aluminum plastic film is currently in trial production and smooth production capacity has been released] 002632.SZ said on the investor interaction platform on July 6, "Hello, dear investors, the relevant policies of small Micro Park are being actively promoted." At present, the trial production of aluminum-plastic film is smooth, and the production capacity is released one after another.

[Brazil's alumina exports increased by 20% in June] according to figures released by the Brazilian Ministry of economy, Brazil's alumina exports increased by 20.13% year on year in June, while bauxite shipments fell by 34.50%. In June, Brazil exported 816785 tons of alumina, compared with 679916 tons in the same period last year. The port of Bel é m in Par á state has a large export volume. In June, Bel é m port shipments reached 497230 tons, an increase of 39.90% over the same period last year.

[North American primary aluminum production fell 5 per cent year-on-year in May 2021] according to the International Aluminium Association, North American primary aluminum production in May 2021 was 329000 tons, an increase of 2000 tons, or 0.61 per cent, from the previous month. Production in April was 327000 tons, down 3.25% from 338000 tons in March. On the other hand, North American primary aluminium production fell slightly by 4.91 per cent from 346000 tonnes in May 2021 compared with the same period last year. In the first five months of 2021, North American primary aluminium production was 1.642 million tons, down 1.38 per cent from 1.665 million tons in the same period last year. In South America, primary aluminium production in May was 99000 tons, 4000 tons more than the 95000 tons in April. In March, South America produced 98000 tons of primary aluminum, an increase of 3000 tons over April and 12000 tons over February 2021.

[Mingtai Aluminum operating KuaiBao in June 2021] Product production and sales data of Henan Mingtai Aluminum Co., Ltd. in June 2021 are as follows: aluminum plate, strip and foil output this month was 98200 tons, an increase of 20% over the same period last year, and a cumulative output of 571700 tons this year, an increase of 28% over the same period last year; sales this month were 98300 tons, an increase of 23% over the same period last year; cumulative sales this year were 573800 tons, an increase of 32% over the same period last year; The output of aluminum profiles this month was 1400 tons, up 58% from the same period last year. This year's cumulative output was 7800 tons, up 51% from the same period last year; this month's sales were 1200 tons, up 64% from the same period last year; and the cumulative sales this year were 6600 tons, up 72% from the same period last year.

[the largest domestic high-strength and high-toughness aluminum alloy round casting rod has been successfully developed in Zhonghe, Xinjiang] on July 5th, the 2-series high-strength and high-toughness aluminum alloy round casting bar of φ 1400mm, the largest specification in China, was successfully trial-produced in Xinjiang Zhonghe Joint-Stock Company (hereinafter referred to as "Xinjiang Zhonghe") New material Industry Park located in Ganquanbao Economic and technological Development Zone, Urumqi, Xinjiang. The overall performance of the product has a low grain size of grade 2, which is leading in the industry. This product will be an important application blank for the ring forging parts of the new type launch vehicle in the future.

[Indonesia's refined tin exports increased by 5% in June compared with the previous month] Indonesia's refined tin exports in June were 5622.81 tons, up 5% from 5359.7 tons in May, and basically the same as in May last year. "View details

[Yiwei LiNeng: plans to acquire Jinkunlun Lithium Industry Equity Investment Construction Lithium Carbonate and Lithium hydroxide Project] Yiwei Lithium Energy announced that the company intends to acquire 28.125% of the shares of Jinkunlun Lithium Industry Co., Ltd., and the two sides intend to cooperate to set up a joint venture company in Qinghai Province. phased investment of no more than 1.8 billion yuan to build an annual capacity of 30,000 tons of lithium carbonate and lithium hydroxide project, of which the first phase of the construction of 10,000 tons of lithium carbonate and lithium hydroxide project.

[northern rare earths: prices of major rare earth products have stabilized recently] Northern rare earths disclosed share price changes, saying that after verification, the company's current production and operation is normal. Since the beginning of the year, under the influence of factors such as the relationship between market supply and demand, the prices of major rare earth products have risen at first and then fallen, and have stabilized and rebounded recently; the Ministry of Industry and Information Technology is promoting the formulation of rare Earth regulations and promulgation as soon as possible. Affected by this, the share prices of listed companies in the rare earth industry have continued to rise recently, and the rare earth permanent magnet plate as a whole has risen significantly.

[Xianglu tungsten industry: net profit in the first half of the year is 57.61% more than the same period last year.] Xianglu tungsten industry announced that it is expected to make a net profit of 22 million yuan to 28 million yuan in the first half of 2021, an increase of 57.61% 100.6% over the same period last year. The prices of tungsten concentrate and tungsten series products increased significantly compared with the same period last year, at the same time, downstream demand continued to grow, sales orders were sufficient, business conditions were good, sales of powder products and cemented carbide increased compared with the same period last year, and net profit increased.

[revised rebar and hot-rolled coil futures contract and delivery rules] issued by Shanghai Futures Exchange, Shanghai Futures Exchange rebar futures contract (revised version), Shanghai Futures Exchange hot-rolled coil futures contract (revised version), Shanghai Futures Exchange delivery rules (revised version). "View details

[northern rare earths release July listing price] Northern rare earths release July listing price. It is reported that the listing prices of lanthanum oxide and cerium oxide remain unchanged from last month. Praseodymium-neodymium oxide rose 40100 yuan / ton to 538900 yuan / ton, neodymium oxide rose 30100 yuan / ton to 538900 yuan / ton, metal praseodymium-neodymium rose 48000 yuan / ton to 662000 yuan / ton, and metal neodymium rose 36000 yuan / ton to 662000 yuan / ton.

[Sanyou Chemical released first-half performance advance announcement] on July 8, Tangshan Sanyou Chemical Co., Ltd. issued a semi-annual earnings announcement for 2021. It is estimated that the net profit attributed to shareholders of listed companies in the first half of 2021 will turn losses into profits compared with the same period last year (statutory disclosure data), and the net profit attributed to shareholders of listed companies will be 1.15 billion yuan to 1.2 billion yuan. The net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses in the first half of 2021 is expected to be 1.12 billion to 1.17 billion yuan.

[Shaanxi Coal Industry: net profit in the first half of the year is 60% higher than the same period last year] Shaanxi Coal Industry announced that it is expected to achieve a net profit of 8 billion yuan to 8.5 billion yuan in the first half of the year, an increase of 60% Sam 70% over the same period last year. Due to the strong demand in the coal market and the rise in coal prices during the reporting period, the prices of the company's main coal products increased over the same period last year.

[Tianyuan shares: it has begun to supply Ningde Times according to the agreement, and there is no transfer of benefits to transfer Tianyi shares] Tianyuan shares said on the investor interactive platform that the agreement signed between the company and Ningde Times lasted for ten years, and the company has begun to supply Ningde Times in accordance with the agreement. Other in-depth cooperation will also be gradually promoted in the future. The equity transfer of Tianyi Lithium Industry is publicly listed on the property rights exchange, and there is no transfer of benefits, let alone damage to the rights and interests of state assets.

[Xingang shares: first-half net profit pre-increased 110% to 129%] Xingang shares (600782) disclosed a forecast of earnings of 2.3 billion yuan to 2.5 billion yuan in the first half, an increase of about 110.24% to 128.52% over the same period last year. During the reporting period, China's economic operation was stable, and the demand for steel downstream was exuberant. Although the price of raw fuel was high, the profit level of iron and steel enterprises improved steadily.

[the State Bureau of Mine Safety Supervision reported the work of national mine safety in the first half of the year] it was learned from a press conference held by the State Administration of Mine Safety that since the beginning of this year, the State Administration of Mine Safety has taken preventing and curbing major accidents as its "bull's nose", focusing on carrying out three-year actions to carry out special rectification of mine safety as the main line, and focusing on carrying out large-scale safety inspection of coal mines, underground non-coal mines and tailings reservoirs. To organize and implement the "four special renovations" such as mine outsourcing projects, resource integration coal mines, managed coal mines and the practice of safety evaluation institutions, and carry out two rounds of coal mine remote supervision and law enforcement and special supervision and supervision of mine flood control and water prevention, we will promote the closure and withdrawal of mines with backward production capacity and unsafe production conditions, and promote the sustained and stable situation of mine safety production throughout the country.

Terminal information

[air-conditioning sales dropped sharply in the second quarter] the second quarter is usually the peak season for air-conditioning sales, but this year, due to factors such as more Rain Water and lower temperatures in many places across the country, air-conditioning sales fell sharply in April and May. Even if there are 618 activities in June, the sales are not entirely satisfactory. According to Oviyun's monitoring data in the first quarter of 2021, the online sales of air conditioners were 36.6 billion yuan in the second quarter, up 1.7% from the same period last year, while offline sales were 11.9 billion yuan, up-14.5% from the same period last year.

With the release of power battery capacity in Zhenjiang plant, Funeng Technology began to accelerate external supply, and its cooperation with mainstream car companies in flagship and hot-selling models continued to deepen. [Funeng Technology is about to break through the offline installed capacity of Aion S Plus power battery system] with the release of power battery production capacity in Zhenjiang plant, Funeng Technology began to accelerate external supply. Recently, Funeng Technology "A29 Power Battery Assembly system" held the offline ceremony. It is reported that the system product is a power battery assembly product for GAC Ean Aion S Plus. The downline of the product means that Funeng Technology begins to deliver power batteries to GAC Ean Aion S Plus in bulk.

[the cumulative 52.5GWh of new energy vehicles sold more than 1.2 million power batteries in the first half of the year] from January to June, the production and sales of new energy vehicles completed 1.215 million and 1.206 million respectively, a two-fold increase over the same period last year. At present, the cumulative sales of new energy vehicles are the same as the level for the whole of 2019. From January to June, the installed capacity of power batteries in China totaled 52.5 GWH, an increase of 200.3% over the same period last year.

[China Automobile Association raised its annual forecast to 2.4 million new energy vehicles in June.] on July 9, the latest data released by the China Association of Automobile Manufacturers showed that China's new energy vehicle production in June set a new record of 248000 vehicles in the same month. At the same time, sales hit another all-time high. Sales of new energy vehicles in June were 256000, up 17.6% from the previous month and 139.3% over the same period last year. Among them, sales of new energy passenger vehicles were 241000 in June, up 18.3 per cent from the previous month and 153.4 per cent year-on-year.

[China Automobile Association: sales of new energy vehicles increased 139.3% in June compared with the same period last year] China's sales of new energy vehicles in June were 256000, up 17.6% from the previous month, and 139.3% higher than the same period last year. From January to June, the cumulative sales of new energy vehicles were 1.206 million, up 201.5% from the same period last year.

[Lance Technology: will vigorously develop the business in the field of automotive electronics] Lance Technology said on the interactive platform that automotive electronics is an important part of the company's development strategy, and the company will vigorously develop its business in the field of automotive electronics. The company has established long-term strategic cooperation with many global mid-and high-end new energy vehicle manufacturers, such as Tesla, Bentley, Porsche, Mercedes-Benz, BMW, Xilai and international traditional automobile luxury brands, and has supplied customers with in-vehicle central control screens (structural and functional components and assembly), dashboard components, B-pillars, other intelligent cockpit display components, car decorations, body structures, rearview mirrors, navigators and other products. And in the field of new automotive glass (such as windows, windshields and other super-large glass) to carry out innovative R & D and mass production with customers. At the same time, it is actively exploring the application of new materials such as metal, sapphire and ceramics in the field of automotive electronics.