[SMM Metal Morning ginseng] Metal closed up more than 4.5% in Shanghai and Zinc pulled up more than 4.5% | Glencore will further reduce production | lead ingot inventory has dropped for 7 consecutive years.

2021SMM South China Nonferrous Metals Industry Annual meeting invites you to get together in Foshan in December!

SMM Tin Morning News: under the conditions that the weak relationship between supply and demand is temporarily maintained, the performance of the spot market is stable, and the enthusiasm for funds in the futures market decreases, as the current price gap of the 2112 contract approaches delivery month, the probability of price trend maintaining high sideways is on the high side.

"the current price spread has gradually narrowed during the period of strong trend in recent months [SMM Tin Morning News]

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Minutes of SMM Steel Morning meeting: Liantie continued its rally last Friday, with the main contract closing price 558, an increase of more than 6% throughout the day; the port spot market quotation increased steadily in early trading. The market activity of some merchants is high, and the rigid demand of steel mills is replenished. The spot transaction at the port is better today. The turnover of PB powder in Shandong area was 590-595 yuan / ton, an increase of 20-25 yuan / ton compared with last Friday. The turnover of PB powder in Tangshan area is 580-595. An increase of 10-35 yuan / ton compared with last Friday. SMM analysis.

"Iron ore price rise thread hot coil shock operation [minutes of SMM Steel Morning meeting]

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The dollar continued its gains on Monday, following Friday's gains, hitting an intraday high of 96.551 to a 16-month high. In terms of crude oil, international oil prices rebounded from recent declines on Monday, with both US oil and cloth oil rising more than 1 per cent.

On Monday night, spurred by market news about Glencore's production cuts, zinc prices in the two markets rose sharply, with Shanghai zinc up more than 4.6% in intraday trading. By the end of the day, Shanghai zinc led the two markets with a 4.52% increase, while Lun zinc rose more than 3.9%. It is understood that Glencore said on Monday that it had shut down some of its zinc production operations in Italy in addition to production cuts in other regions as high energy prices hit Italy's industrial base.

[sudden] Glencore cut production news spurred zinc prices to soar. At one point, Shanghai zinc rose by more than 4%.

In addition to shanghai zinc, shanghai nickel also had an excellent increase of 2.7% in the inner market. Shanghai lead, which has shown slight weakness recently, also rallied yesterday, closing up 1.25%. Shanghai copper rose 1.39%. Other varieties also recorded increases in varying degrees. In terms of black, iron ore night trading continued to increase during the day, closing up 5.69%. The hot roll was only green, closing down 0.58%.

The trend of the outer disk is similar to that of the inner disk, and it also closed higher across the board. With the exception of Len Zinc, which was unstoppably led by 3.97%, Lunni Lunxilun lead rose more than 1% one after another.

Today, the macro aspect focuses on the initial PMI data of Markit manufacturing in countries such as the United States, the United Kingdom, the euro zone, Germany and France.

"[overnight market] all metals inside and outside closed higher than 4.5% in Shanghai and Zinc. | the futures closed sharply lower.

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U. S. stocks closed mixed on Monday, with the Nasdaq closing down more than 200 points. The market pays close attention to the holiday sales performance of retailers and the epidemic situation of novel coronavirus in Europe and America. By the close, the Dow was up 17.27 points, or 0.05%, at 35619.25; the Nasdaq was down 202.68 points, or 1.26%, at 15854.76; and the S & P 500 was down 15.02 points, or 0.32%, at 4682.94.

[SMM Research: Guangdong Electrolytic Copper inventory Innovation low rising Water rises but downstream starts New low] SMM November 22, according to our SMM statistics, Guangdong electrolytic copper inventory once again broke the 10, 000-ton mark, leaving only 6527 tons, the lowest since 2018. Affected by this, Guangdong electrolytic copper liter discount today also reached the highest value in recent years, that is, Pingshui copper reported 1000 yuan / ton, good copper reported 1100 yuan / ton. The trend of inventory is detailed below. "View details

[SMM data: SMM data weekend national mainstream copper market inventory reduced 3000 tons] as of Monday, November 22nd, SMM national mainstream copper regional market inventory fell 3000 tons to 76500 tons compared with last Friday, breaking a new low again. Inventory in all regions of the country increased mainly in Shanghai and Jiangsu over the weekend, while the reduction was in Guangdong and Tianjin, and did not change much in other areas. "check the details.

[announcement: SMM Guangdong Electrolytic Copper spot Price and rising Water release time] according to SMM's long-term tracking of the market situation and consulting the market opinion, in order to better help the industry to reduce transaction costs and settlement, it was decided that from January 1, 2022: 1. Add two periods of time, 10:00 sharp and 10:45, on the basis of the original 10:15 quotation time for SMM Guangdong Bronze Electrolytic Copper spot discount. "check the details.

[SMM analysis: the unit price increase of domestic prebaked anode exports in October is weaker than that of domestic] SMM11: according to customs statistics, domestic prebaked anode exports in October 2021 were 143400 tons, a decrease of 0.7% compared with the same period last year, and an increase of about 7% over the same period last year. From January to October, domestic prebaked anode exports totaled 1.402 million tons, an increase of 4.5% over the same period last year. Judging from the unit price of exports in October. "check the details

[SMM analysis: the domestic petroleum coke market weakened in October and the import volume fell by nearly 50% month-on-month! November 22, according to customs data: China imported 600700 tons of petroleum coke in October, less than in September. SMM believes that imports of petroleum coke will continue to decline in November. . "View details

[SMM analysis: the export volume of China's aluminum profiles decreased by 8% month-on-month in October and the increase is expected to be expected in November! According to customs data, the export volume of Chinese aluminum profiles (tariff No. 76041010, 76041090, 76042100, 76042910, 76042910, 76042990) was 74400 tons in October 2021, down 8% from the previous month and 4% from the same period last year. The main reason for the decline in aluminum profile exports this month is that on the one hand, there are 7 days of legal National Day holidays in China, which affects export customs declaration, on the other hand. "check the details.

[SMM data: China's primary aluminum imports increased month-on-month in October compared with the same period last year! (including country of origin and mode of trade)] according to the General Administration of Customs, China imported 139900 tons of raw aluminum in October 2021, of which 200 tons were imported from tariff No. 76011010 and 139700 tons from tariff No. 76011090. Raw aluminum imports increased by 45.59% month-on-month in October 2021, an increase of 25.29% over the same period last year. "check the details.

[SMM data: domestic electrolytic aluminum social inventory fell 14000 tons to 1.024 million tons compared with the previous Thursday.] on November 22, SMM counted domestic electrolytic aluminum social inventory of 1.024 million tons, down 14000 tons from the previous Thursday. Nanhai and Gongyi contributed mainly to the decline, mainly due to the local storage efforts; Wuxi continued to accumulate storage. "check the details.

[SMM analysis: inventory falls for 7 weeks superimposed on recycled lead enterprises overhaul lead prices end five consecutive falls in lead prices] since last Monday, the main lead in Shanghai has opened a continuous week of "fragile" mode, recording five consecutive negative. Today, Shanghai lead finally ended its previous five consecutive falls and rebounded, closing at 14865 yuan / ton with an increase of 0.64%. The rebound in lead prices was mainly due to the fact that a large and medium-sized recycled lead enterprise in Anhui Province went into maintenance on November 21 and 22 respectively. In addition, SMM five places lead ingot stocks fell for the seventh consecutive week to provide support.

. "View details

SMM survey: multi-factor superimposed lead ingots five places social treasury seven consecutive decline] SMM research, according to SMM research, as of November 22, SMM five places lead ingot inventory to 154400 tons, compared with last Friday (November 19) down 5100 tons; compared with Monday (November 15) down 10100 tons, and for seven consecutive weeks since the National Day decline. "check the details.

[SMM analysis: imports of refined zinc increased by more than 25% month-on-month in October. Is there still an increase in November? According to the latest customs data released by the General Administration of Customs, in October 2021, imports of refined zinc were 41000 tons, down 36.33% from the same period last year and 25.55% higher than the previous month. A total of 167 tons of refined zinc were exported, that is, a net import of 40800 tons in October 2021. Imports totaled 402700 tons from January to October 2021, a decrease of 4.62% over the same period last year. "check the details.

[SMM data: SMM Seven zinc ingots social inventory increased by 2100 tons compared with last Friday] SMM November 22: according to SMM, as of this Monday, SMM seven zinc ingot stocks totaled 130800 tons, an increase of 2100 tons from last Friday, and a decrease of 4400 tons from last Monday. "check for details.

[SMM analysis: imports of tin ingots increased in October, exports decreased and domestic imports and exports turned to net imports] Customs data show that refined tin imports in October 2021 were 721 tons, an increase of 1434.04% from the previous month, a decrease of-30.92% over the same period last year; exports of refined tin in October decreased by-49.23%, an increase of 160.43% over the same period last year. The import and export situation has changed from net exports to net imports. "View details

[SMM analysis: month-on-month increase in tin imports in October] Customs data show that imports of tin ore and concentrate in October 2021 were 19835 tons, an increase of 28.09%, and a year-on-year increase of 79.83%. From January to October, imports totaled 159144 tons, a cumulative increase of 27.88% over the same period last year. "check the details.

[analysis of SMM data: 4.4762 million tons of nickel ore imported from China in October 2021 the Philippines entered the rainy season.] according to customs data, China imported 4.4762 million tons of nickel ore in October 2021 (dry mixing of customs data), a month-on-month decrease of 21.3%, a year-on-year decrease of 12.2%, of which the Philippines imported 4.0118 million tons, a month-on-month decrease of 22.8%, a year-on-year decline of 12.63%. "check the details.

[analysis of SMM data: 299000 tons of nickel-iron imports in October 2021 Indonesia did not increase production this year or maintain this level] according to customs data, China imported 299000 tons of nickel-iron in October 2021, a month-on-month decrease of 2.42 percent, an increase of 12.26 percent over the same period last year, and a total import of 3.099 million tons from January to October of this year. Equivalent to metal volume, the total metal volume of imported ferronickel in October was 46000 nickel tons, down 2.42% from the previous month, with little fluctuation and a year-on-year increase of 15.26%. "check the details.

[SMM analysis: exports of ternary precursors decreased by 9% month-on-month in October or increased in Europe and the United States.] in October 2021, the export volume of ternary precursors in China was 12767 tons (including NCA), decreased by 8.8% compared with the same period last year, an increase of 28% compared with the same period last year. From January to September 2021, China's cumulative export volume of ternary precursors was 121554 tons (including NCA), up 54% year on year). According to the export data in October, the export volume of ternary precursors decreased compared with September, mainly because part of the October export volume was advanced to September delivery, and the superimposed part of the export volume was transported through other channels. "View details

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[Foshan stainless Steel Daily Review: steel mills have adjusted prices and traded slightly] SMM Nov 22nd: today, spot stainless steel prices of all series have once again experienced varying degrees of decline, steel mill guidance prices have fallen one after another, and the decline range is higher, the market turnover has picked up slightly, and the current decline rate is very fast. Foshan 304 cold rolling has taken the base price of 18000 yuan / ton as the mainstream market transaction price. "check the details.

[SMM Daily Review: the shortage of high chromium supply subsided and the market was bearish] on November 22nd, Inner Mongolia quoted 9400-9700 yuan / 50 base tons of high-carbon ferrochromium today, and imported 206600 tons of high-carbon ferrochromium in October, a decrease of 7700 tons, or 3.61%, compared with the previous month. Ferrochromium imports declined slightly, but remained high, and the supply of ferrochromium was gradually relaxed. Recently, the price of coke has fallen one after another, and the cost of ferrochromium has dropped. "check the details

[SMM Coke spot Daily Review: some steel mills carry out the seventh round of coke price reduction 200 yuan / ton] SMM November 22, the supply side: downstream coke procurement enthusiasm is low, coke shipments of coking enterprises are not good, inventory pressure is high, mentality is weak, some steel mills carry out the seventh round coke price reduction of 200 yuan / ton, but have not yet implemented. "check the details.

[SMM data: total domestic electrolytic manganese exports in October decreased by 16.7% compared with the same period last year.] according to the latest release by the General Administration of Customs, SMM statistics of China's forged manganese and manganese products and unwrought manganese in October 2021; the total export of scrap and powder was 26700 tons, a decrease of 22.26% compared with the previous month, and a slight increase of 5.5% over the same period last year. Among them, unwrought manganese in October; the export volume of scrap and powder was 25100 tons, a decrease of 16.72% compared with the previous month. A year-on-year increase of 14.87%; exports of forged manganese and manganese products in October were 1566 tons, a sharp decrease of 62.42% from the previous month, and a decrease of 54.31% over the same period last year. "check the details.

[SMM analysis: imports of silicon and manganese increased 483.52% month-on-month in October. Spot price dropped by about 35%.] according to the latest release by the General Administration of Customs, SMM statistics on imports and exports of silicon-manganese in October 2021: imports of silicon-manganese iron was 8356 tons, a sharp increase of 483.52% over the previous month, a sharp increase of 457.07% over the same period last year. "check the details.

[SMM Manganese Mine Daily Review: downstream production reduction expected manganese ore market wait-and-see operation] November 22nd, today manganese ore high consolidation operation. At present, due to the reduction of profits in the lower reaches, there are expectations of production stoppage, which affects the demand for manganese ore to some extent, the market transaction is general, and the miners have a strong wait-and-see mood. SMM believes that the current market is relatively chaotic, manganese ore market activity may be limited in the short term, the future may become active as downstream demand improves. "check the details.

SMM Silicon Manganese Market Daily Review: manganese Silicon Futures floating Red spot Market is expected to stop falling? On November 22nd, the northern market Si-mn 6517 (cash) 7850-8350 yuan / ton, the southern market Si-mn 6517 (cash) 8150-8550 yuan / ton. By the downstream steel mill resumption rumors, so far today's manganese silicon futures market floating red, concussion operation. Spot market, according to SMM. "check the details."

[SMM Daily Review: market price of electrolytic manganese fell weakly at the beginning of the week] according to SMM statistics, the total export volume of electrolytic manganese and manganese products decreased by 22.3% to 26700 tons month-on-month in October, and the total procurement volume of domestic 10-11 steel enterprises showed a downward trend as a whole. although some local manufacturers cut and stopped production in November, the overall market price of electrolytic manganese continued to weaken to 40, 000 yuan / ton due to persistent depressed demand. In addition, the trade negotiation zone between Jiangsu and Zhejiang Province, Synchronize, has been lowered to around 41000 yuan / ton. "check the details.

[SMM bismuth market follow-up report: the bidding result of the 240t bismuth ingot of Yuguang Group is rumored] according to information learned by SMM, last week Yuguang's bidding project for 240t bismuth ingot was said through the market grapevine that the bidding was over, but the whereabouts of the 240t bismuth ingot has not been clearly announced by officials. "at present, there are two kinds of rumors about the result of the 240t bismuth ingot." check the details.

[SMM magnesium ingot spot KuaiBao: market turnover is not as expected magnesium price falls quickly] SMM November 22: the mainstream quotation of 90 magnesium ingots in Fugu area today is 36000 yuan / ton-36500 yuan / ton, down 1500 yuan / ton compared with last Friday. Today, the turnover in the magnesium market is not as expected, and the quotation in the magnesium ingot market is falling rapidly. According to the magnesium factory in the main plant, due to the weak market turnover at present, even if the lower quotation is of relatively limited help to increase the trading volume. "View details

[SMM Daily Review: praseodymium-neodymium products temporarily stable bullish mood] SMM November 22: today praseodymium-neodymium products continue to stabilize last Friday, praseodymium-neodymium oxide mainstream transaction price 785000 yuan / ton, the market is active, the holder is bullish in the future, cherish selling sentiment is strong, some quotations rise; praseodymium-neodymium metal spot turnover is less, praseodymium-neodymium metal reported to 95.5-960000 yuan / ton. The shortage of raw ore inventory in some large enterprises has contributed to the bullish mood in the market, with the supply of praseodymium and neodymium oxide in their long orders and molecular companies falling to a minimum, and production restrictions in molecular companies. "View details

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[electrolytic Copper Gaoshengshui refined Copper Pole Factory has stopped production] recently, affected by the further decline in domestic social inventories and the suspension of customs tax tickets, the spot water in Shanghai has soared all the way to more than 2000 yuan / ton, and the rising water in South China and North China has also been raised sharply. According to SMM research, due to the high rising water, there are few orders downstream, and the refined copper rod factory is facing the pressure of poor delivery and accumulated inventory of finished products. It is reported that the current refined copper rod factories in South and East China have reduced production and stopped production. If the rising water continues to be high, it will have a continuous impact on the start-up of copper rod enterprises, and SMM will continue to follow up the follow-up situation.

[Yunnan Aluminum subsidiary electrolytic cell will resume live production on November 22nd] according to SMM, Yunnan Aluminum Co., Ltd. issued an announcement on November 22nd. At about 19:00 on November 18, 2021, there was a leakage in the No. 1628 electrolytic cell in Zone 6 of Yunnan Wenshan Aluminum Co., Ltd., a wholly-owned subsidiary of Yunnan Aluminum Co., Ltd. After the incident, the company immediately launched an emergency plan, orderly rescue and disposal, today the device will begin live production.

[Mingtai Aluminum electrode foil billet has officially entered the electrode foil market through some enterprise certification] Mingtai Aluminum said on the investor interactive platform on November 22 that the company has produced electrode foil billet and passed the certification of some enterprises. the quantity will be gradually increased in the future, but at present, the electrode foil billet produced by the company is mainly used for medium and low voltage. The certification of electrode foil blank means that Mingtai Aluminum officially enters the field of electrode foil.

[SMM Express] November 22 SMM: according to SMM research, a large refinery of recycled lead in Anhui Province has been undergoing maintenance since November 21, with daily output halved, involving a monthly capacity of 42000 tons, with an estimated maintenance time of one month. SMM will continue to follow up on the follow-up report.

[daily coal output in Inner Mongolia reaches an all-time high] according to the Energy Bureau of Inner Mongolia Autonomous region, 3.86 million tons of coal were produced in the region on the 20th, setting an all-time high.

[Indian steel giant CEO: steel prices will be much higher in the next decade than in the past decade.] Global steel giant Tata Steel CEO Narendra (T.V. Narendran) believes that steel prices in the next decade are likely to be "much higher" than in the past decade. Over the past seven or eight years, the average price of hot-rolled coil has been about $400 or $450 a tonne, while in the next few years, the long-term average price of hot coil is likely to be above $600, he said.

[coal prices return to the starting point after a "roller coaster" some power plant prices are still higher than next year's price hub or move down] after soaring in September and October, coal prices recently fell back to the prices before this rise, with pit prices in major coal producing areas falling to 900 yuan per ton, and prices of thermal coal in the futures market and Qinhuangdao port also falling by nearly 60%. The power generation costs of most downstream power plants have been reduced to within the cost line, but a few power plants still lose money due to higher plant prices. Analysts believe that with the implementation of the guarantee policy, the coal price center will move down next year after reaching the winter peak. "View details

[national Development and Reform Commission: thermal coal futures prices fell by 60%] in response to the sharp rise in coal prices in the previous period, the National Development and Reform Commission said recently that at present, a series of measures to ensure supply and stabilize prices have achieved immediate results. In terms of increasing production and ensuring supply and stabilizing prices, we should promptly study price intervention measures, carry out a survey of production costs in coal enterprises, standardize the behavior of market entities, strengthen market expectation management, and study and improve the formation mechanism of coal prices. promote coal prices to return to a reasonable range. Zhu Xiaohai, deputy director of the Price Monitoring and Control Department of the Price Department of the National Development and Reform Commission, said that recently, energy prices such as coal have dropped sharply, and the futures price of thermal coal has dropped from about 2,000 yuan per ton in mid-October to about 800 yuan in recent days. the drop is as high as 60%, and the prices of some industrial raw materials have also dropped significantly.

[development and Reform Commission: coal storage in power plants exceeded 143 million tons] Development and Reform Commission: coal storage in power plants reached 143 million tons on November 20, an increase of more than 35 million tons over the end of October. It can be used for 23 days, exceeding the annual level. Coal for power generation and heating will be strongly guaranteed this winter and next spring. Of these, power plants in three northeastern provinces have stored 15.27 million tons of coal, which has exceeded the level of the same period last year, an increase of 2 million tons compared with the end of October, and can be used for 31 days. On November 21, the main ports in northern China stored more than 25 million tons of coal, an increase of 5 million tons compared with the beginning of the month, of which 5.54 million tons were stored in Qinhuangdao Port.

[China's imports of iron ore and its concentrates fell 14.1% in October from a year earlier, with a breakdown of imports] data released by the online query platform for customs statistics show that China imported 91.6063 million tons of iron ore and its concentrates in October, down 4.2% from a month earlier and down 14.1% from a year earlier. Of these, Australia remains the largest supplier, importing 58.4083 million tons from Australia in the month, up 1.2 per cent from the previous month and down 3.9 per cent from a year earlier. Brazil remains the second largest supplier, importing 20.2152 million tons from Brazil in the month, down 12.8% from the previous month and 19.7% from a year earlier. "View details

Salt Lake Lithium "the return of the King"! Koda manufacturing 4 days to grab three boards the third lithium price increase has started? Recently, the prosperity of the lithium mining industry has further improved, and the salt lake lithium extraction concept plate has continued to rise since November 17, showing a very active performance. This morning, the salt lake lithium extraction index rose again, and Koda opened its trading limit in the morning, successfully recording 3 boards in 4 days since November 17. A number of enterprises, such as Tibet City Investment, Yiwei Lithium Energy, Tianqi Lithium Industry, Tibet Mining and so on, rose more than 5%. By the end of the day, Koda Manufacturing, Tibet City Investment rose by the limit, Yi Wei Li Neng, Tibet Mining Industry rose more than 6%. "View details

[SQM, the world's second-largest lithium company, expects lithium prices to rise 50 per cent month-on-quarter in the fourth quarter.] as the fierce electrification of cars has led to a continuing shortage of lithium supplies, SQM, the world's second-largest lithium miner, expects the average price of lithium to rise nearly 50 per cent in the last three months of this year compared with the previous quarter. SQM is the beneficiary of the current tight supply and demand of lithium. The company reported net profit of about $106 million in the third quarter of this year, compared with $1.7 million in the same period last year, and revenues of $661.6 million, up 46 per cent from the third quarter of 2020. "View details

The plan to increase holdings is abruptly terminated! 50 billion Lithium Mining giant received a regulatory letter from the Shenzhen Stock Exchange earlier this month.) in response to the "announcement on the termination of the holding increase plan by the controlling shareholder" disclosed by Shengxin LiNeng on November 17, the Shenzhen Stock Exchange issued a regulatory letter on November 22nd. The re-supervision letter pointed out that Shengxin LiNeng and its actors accumulatively increased their holdings of Shengxin LiNeng shares by 162.2491 million yuan, with a completion rate of 54.08%, and did not complete the plan to increase their holdings. "View details

[China Lithium hydroxide Import and Export data for October] in October 2021, China's lithium hydroxide exports were 6248 tons, down 17 per cent from the previous month and an increase of 10 per cent from the same period last year. Of this total, exports to South Korea were 4144 tons, down 6 percent from the previous month; exports to Japan were 2017 tons, down 29 percent from the previous month. From January to October 2021, China's cumulative export volume of lithium hydroxide was 60041 tons, an increase of 37 percent over the same period last year. In October, China imported 829 tons of lithium hydroxide, an increase of 109% from the previous month and an increase of 11743% over the same period last year. From January to October 2021, China imported 3164 tons of lithium hydroxide, an increase of 754% over the same period last year.

[China Lithium Carbonate Import and Export data for October] in October 2021, China imported 10476 tons of lithium carbonate, an increase of 194 per cent month-on-month and 60 per cent year-on-year. Of this total, Argentina imported 1795 tons, an increase of 69% over the previous month, while Chile imported 8540 tons, an increase of 274% over the previous month. From January to October 2021, China imported 69695 tons of lithium carbonate, an increase of 81 per cent over the same period last year. China's lithium carbonate exports in October were 604 tons, up 34% from the previous month and down 13% from a year earlier. From January to October 2021, China's cumulative export volume of lithium carbonate was 6929 tons, an increase of 8 percent over the same period last year.

[Guangzhou Futures Exchange announced two-year product plan: industrial silicon and lithium futures will be launched in four areas.] on November 18, Li Zhen, deputy general manager of Guangzhou Futures Exchange, said at the 12th Annual meeting of Futures Institutional investors that in the two-year product plan of Guangzhou Futures Exchange, it will study and launch related products to serve green development, including carbon emission futures, power futures and products related to the new energy industry. Such as industrial silicon, lithium futures. According to Li Zhen, the development of Guangqi Institute is positioned as three services: serving green development, serving Guangdong-Hong Kong-Macau Greater Bay Area and national Belt and Road Initiative construction. At present, the Guangzhou Institute is promoting the preparatory work in an orderly manner. In May 2021, the two-year product plan of Guangzhou Institute has been approved by the Securities Regulatory Commission, and it will bring innovative varieties to the futures market in the following four areas in the next two years. The first category is related to the service of green development, including related products that contribute to the transformation of energy structure, carbon peak and carbon neutralization goals, such as carbon emission futures, power futures and varieties closely related to the development of new energy industry. such as industrial silicon, lithium futures and so on. The second category is the commodity index class, such as broad-based commodity composite index futures, which serve a wide range of asset allocation of market institutions and hedge the demand for systemic risk. The third category is the interlinking of international markets, which promotes a higher level of opening up of the capital market by pegging products with overseas exchanges. The fourth category is the commodity sector with national characteristics along the "Belt and Road Initiative" route in the Dawan region, such as the coffee season.

British Prime Minister Boris Johnson (Boris Johnson) will unveil plans to significantly expand Britain's electric car charging network by 2030 and require charging stations for new homes, new commercial buildings and old buildings that undergo major refurbishment. [Britain plans to announce aggressive charging grid expansion plans: 145000 new charging stations a year.] British Prime Minister Boris Johnson (Boris Johnson) will unveil plans to significantly expand Britain's electric car charging network by 2030. At present, 250000 charging stations have been installed in homes and workplaces across the UK. Johnson's plan is to add 145000 new charging stations a year by 2030. "View details

[two departments: speed up the elimination of backward and low-efficiency motors and increase the application of high-efficiency and energy-saving motors] the Ministry of Industry and Information Technology and the General Administration of Market Supervision issued the Motor Energy efficiency improvement Plan (2021-2023), which proposes to guide enterprises to upgrade motors and other key energy-using equipment, give priority to the selection of high-efficiency and energy-saving motors, and speed up the elimination of backward and inefficient motors that do not meet the requirements of the current national energy efficiency standards. Increase the application of high-efficiency and energy-saving motors. Subdivide the load characteristics and different working conditions, for fans, pumps, compressors, machine tools and other general equipment, encourage the use of 2-level energy efficiency and above motors. "View details

[month-on-month reduction in metal silicon exports in October] according to customs data, China's metal silicon exports in October 2021 were 51000 tons, a sharp decrease of 29% month-on-month and 12% lower than the same period last year. The cumulative export volume of silicon metal from January to October in 2021 was 657000 tons, an increase of 34 percent over the same period last year.

Hot stocks: small metal plate "four Liansheng" rare earth stocks take off! On November 22nd, the sector index rose more than 3% to 1757.05. In the individual stock sector, Earth Bear rose 11.47%, Minmetals rare earths and medium tungsten rose by the high-tech limit, Xiamen tungsten industry closed up 7.29%, Ningbo Yunsheng, Zhangyuan tungsten industry and northern rare earths rose more than 6%. SMM believes that the supply and demand pattern of praseodymium-neodymium products in China will be tight in 2021, and the import increment is expected to be limited in the later period. At a time when the overall increase in the supply of rare earth raw materials is limited, the downstream industry is booming. "View details

[Earth Bear answer: what pricing model is adopted? How to transmit the price of rare earth raw materials? According to the record sheet of Earth Bear investor relations activities, the question posed by investors is: "what kind of product pricing model does the company adopt?" How to transmit the price of rare earth raw materials? " Earth Bear said: "the company's product pricing model mainly refers to the cost-plus model, but the specific pricing situation will also take into account the impact of a number of factors." "View details

Terminal information

[Zhejiang Neng Jiaxing No. 1 offshore wind farm realizes full-capacity grid-connected power generation] Zhejiang Neng Jiaxing No. 1 offshore wind farm is a key construction project in Zhejiang Province to achieve full-capacity grid-connected power generation, setting a new record for the installed capacity of offshore wind power production projects in Zhejiang Province. It is reported that the total installed capacity of the project is 301.2 megawatts, with a total of 74 fans installed. Since the first batch of fans were connected to the grid to generate electricity, a total of 137 million kilowatt-hours of clean electricity has been generated. The previous record holder was Putuo VI offshore wind power, with a total installed capacity of 252 megawatts.

[Citic Construction Investment Securities: it is expected that the total investment in HVDC projects will reach more than 400 billion during the 14th five-year Plan period] CITIC Construction Investment Securities believes that Electroweb investment will end its decline and return to growth during the 14th five-year Plan, but it is difficult to see a substantial increase as a whole, and the total emphasis on structure should be diluted. The core of structural change is that DC transmission will increase on a large scale. With the support of flexible DC technology, DC transmission can solve the problems of large-scale transmission and grid connection of wind power and photovoltaic. Driven by the three major application scenarios of UHV hybrid DC, flexible back-to-back and far-reaching offshore wind power delivery, it is estimated that the total investment scale of HVDC transmission project will reach more than 400 billion during the 14th five-year Plan period, of which the total market demand for converter valves, IGBT and thyristors will be 45 billion in the past five years.

According to foreign media reports, according to the latest data from AutoForecast Solutions ((hereinafter referred to as AFS), as of November 21, due to a shortage of chips, the global automobile market has reduced production by 10.12 million vehicles this year, an increase of about 22000 vehicles over the previous week. Among them, the cumulative production reduction in China's automobile market has reached 1.981 million vehicles, accounting for 19.6% of the total production reduction. AFS expects cumulative production cuts in the global car market to climb to 11.285 million this year.

[China Association of Automobile Manufacturers: the number of cars in China will exceed 300 million by the end of this year] according to Shi Jianhua, deputy secretary general of the China Association of Automobile Manufacturers, by the end of September this year, the number of cars in China will reach 297 million and will exceed 300 million by the end of the year. At the same time, the new energy vehicle industry has entered a new stage of development, and the degree of marketization is constantly improving.

[Ford and Rivian abandon plans to jointly develop electric vehicles] according to foreign media reports, Ford and Rivian confirmed on November 19th that they had abandoned their plans to jointly develop electric vehicles. A Ford spokesman said: "We have great respect for Rivian, and have had exploratory discussions with them. However, the two sides have agreed not to carry out any form of joint vehicle development or platform sharing. " Ford had previously announced that it had cancelled plans to produce new Lincoln models with Rivian's electric chassis and hardware.

[Indian media: OPPO plans to launch its first electric car in India in early 2024] Indian media 91mobiles reported on November 22nd that mobile phone maker OPPO is entering the field of electric vehicles. The company plans to launch its first electric car in India by the end of 2023 or early 2024. OPPO has begun planning its progress, and the electric car is expected to debut in early 2024. OPPO has applied for trademarks for a variety of automotive products in India, including electric cars and self-driving cars, the report said.

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