Summary of SMM Zinc Morning meeting: on the supply side, in addition to the enterprises that have stopped production due to environmental protection factors, there is production control due to mine pressure at present, while some smelters in Hunan have been overhauled beyond the usual time, with an estimated output of 513400 tons in January, which is much lower than that expected in the previous period; on the consumer side, due to the epidemic situation and some enterprises' early holiday, the start of zinc downstream is weaker as a whole; Overall, the supply-side support is strong, the short-term correction of zinc prices will not be very large.
"strong support on the supply side predicts that the short-term correction in zinc prices will not be very large [minutes of SMM Zinc Morning meeting]
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Minutes of SMM Xi Morning meeting: last week, the trend of Shanghai and tin was strong, and the price refreshed the contract high again to reach a high of 318540 yuan / ton. From the perspective of financial performance, the strong rise in prices attracted only a small amount of capital, indicating that the market is still afraid of heights. Subsequently, prices fell continuously and funds left the market sharply, which also proved that long-short funds are still dominated by short-term speculation at this stage.
"Shanghai-tin prices hit a new high and warehouse receipt inventory accumulated substantially [minutes of SMM Xi Morning meeting]
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"Click to view the price of SMM nickel products
Summary of SMM Steel Morning meeting: iron ore, last week, the production and transportation of several mining areas of four mining companies in Brazil were affected by continuous torrential rains in southeastern Brazil. It has triggered market concerns about ore supply and pushed up mineral prices. As far as the port spot price is concerned, the spot price of PB powder port in Shandong continues to rise 20 yuan / ton month-on-week. Considering that the operating rate of blast furnaces in the north is difficult to increase as the Winter Olympic Games are approaching, and the replenishment of the Spring Festival is coming to an end, the demand for iron ore is insufficient to support the price.
"the demand for steel is weakening. Coking enterprises are still optimistic about the fourth round of coke increase [minutes of SMM Iron and Steel Morning meeting].
"Click to view the price of SMM steel products
SMM cobalt lithium morning meeting minutes: the recent lithium carbonate prices still maintain a sharp rise, near the weekend, extremely high prices appear, the current domestic battery-level lithium carbonate smelter quotations sporadic, in the middle of last week under the influence of lithium prices in Wuxi, some traders began to release goods, but due to the limited inventory superimposed downstream shortage is high, spot prices remain high.
"the increase in the permeability of new energy vehicles to 13.4% shows the extremely high price of lithium salt [minutes of the SMM Cobalt Lithium Morning meeting]
"Click to view the price of SMM new energy products
Crude oil: international oil prices reached a new high on Friday, with Brent crude reaching its highest level since October 2008, closing 2.37% higher at US $86.47 per barrel, while US Oil closed near US $85 per barrel. It was boosted mainly by supply constraints and fears that Russia might launch an attack on Ukraine. The surge in oil prices has spurred US oil companies to ramp up production, with the number of oil and gas active drilling rigs in the US rising 13 to 601 this week, up 61 per cent from the same period last year and the biggest weekly increase since April 2020. At present, crude oil production in some key US production areas has increased, and according to EIA, US oil production is expected to reach a record high next year. Under high oil prices, China's crude oil imports fell 5.4 per cent in 2021 from a year earlier, the first time since 2001, mainly because some private refineries have been revamped and their import quotas cut. The short-term oil market is concerned about the situation in Russia and Ukraine and the US crude oil inventory data to be released next Thursday.
On the dollar side: on the dollar side, the dollar sold off last week, closing down 0.61% on the weekly basis, the biggest weekly decline since August 27 last year, mainly because the market gradually digested the expectation of raising interest rates and the chairman of the Federal Reserve made dovish remarks. The dollar technically fell below the important support level. On Friday, the dollar index rebounded to close up 0.31%. Us retail sales fell the most in 10 months in December, with consumer confidence approaching a 10-year low in January, suggesting consumption has been curbed by high inflation, according to data released on Friday. After Powell's dovish comments, the chairman of the New York Fed said the Fed was "close" to making a decision to raise interest rates. The short-term dollar will focus on important data such as December housing starts and weekly jobless claims to be released next week. All three major indexes of U. S. stocks fell last week. The Dow is down 0.88%, the S & P 500 is down 0.3%, and the Nasdaq is down 0.28%.
Today's macro aspect focuses on important economic data such as China's GDP data from January to December, the annual rate of industrial added value in December, and the annual rate of retail sales of consumer goods in China in December.
Metal market: the outer disk metal is mixed, Lunni continues to continue the rally of previous trading days, the intraday rose to a new high since August 2011. Shanghai Nickel quickly dived after opening at night, falling back from its high and closing down more than 0.48 per cent. The number of aluminum in the outer disk rose the most, reaching 1.2%. Lun copper recorded a negative column, closing down 2.31%. Most of the metal in the inner market was green, and Shanghai copper followed Lun copper down, closing down more than 2%. Both shanghai aluminum and zinc fell more than 1%, shanghai zinc fell 1.38%, and shanghai aluminum fell 1.06%. Shanghai lead was only red, closing slightly up 0.13%.
The black series fell all except stainless steel. Stainless steel oscillated upstream at night, closing up 1.02%. Iron ore fell 1.59%, thread and hot coil both fell by more than 0.7%. The double coke night market went down together, with coking coal falling more than 1.8% and coke down 2.97%.
Precious metals: COMEX gold futures closed lower on Friday as the prospect of higher US interest rates and a stronger dollar pushed up US Treasury yields and reduced risk appetite in financial markets, causing investors to avoid riskier currencies.
"[overnight Market] Metal Multi-Down Lun Nickel Brush Shanghai Copper has fallen more than 2% since August 2011.
"Click to view the price of SMM copper products.
"Click to view the price of SMM aluminum products
"Click to view the price of SMM lead products
[SMM analysis: us inflation rises again, the center of gravity of copper prices rises rapidly] it was announced this week (January 10-14) that the US CPI annual rate in December was not adjusted to 7%, the largest 12-month increase since 1982. From the CPI sub-item, the main reason for the rise in CPI is the rise in residential and used car prices. Food costs also contribute. Energy prices, the main driver of inflation for much of 2021, fell last month. "View details
[SMM analysis: large import loss suppresses demand pre-holiday dumping behavior leads to accelerated decline of premium] Foreign trade market trading continues to be light during the week, import price ratio is difficult to improve, the current import loss range is about 700-900 yuan / ton, the market demand performance is still weak. In terms of reporting goods, at present, the bill of lading has not yet been issued in Hong Kong before the Spring Festival, that is, in January, and some traders have sold goods at low prices as the shipping date approaches. "View details
[SMM analysis: copper tube continued peak season effect in December Spring Festival holiday led to a slight drop in January operating rate] according to SMM survey data, the operating rate of copper pipe enterprises in December was 86.91%, up 1.73% from the previous month, and 4.85% higher than the same period last year. The copper tube operating rate continued to rise in December, and the copper tube peak season effect continued to play a role under the support of seasonal air conditioning orders. "View details
[SMM analysis: warehouse entry process] the warehouse is divided into deliverable warehouse and non-deliverable warehouse according to whether it is deliverable or not. According to the attributes of the delivery warehouse, the delivery warehouse can be divided into factory warehouse and ordinary warehouse. Factory warehouse usually refers to the smelter's own warehouse can also be used as a delivery. "View details
[SMM industry dynamic tracking: copper prices soar consumption cooling downstream reserve into the countdown] Copper prices rose sharply in the week (January 10-14). What are the changes in downstream consumption near the end of the year? How is the stock of the enterprise during the holiday? The SMM Copper Research Group brings you the latest market situation. "check the details.
[SMM copper downstream weekly survey: copper price surge interferes with downstream stock rhythm material the operating rate of refined copper rods will still fall next week] this week (January 10-14) SMM surveyed the production and sales of major copper rod enterprises in China. The overall operating rate was about 62.79%, up 0.59% from last week. Last week, New Year's Day's holiday dragged down the overall operating rate, but there was no holiday interference this week, but the operating rate only rebounded by 0.59 percent, mainly because. "check the details.
[SMM analysis: the demand for copper bars in home appliances, electrical and other terminals is relatively stable during the peak season] the domestic power restriction situation continues to improve, and the impact on copper bar production and demand continues to decline, but copper bar enterprises in Shangyu, Zhenhai and other areas of Zhejiang temporarily suspended production for about a week due to the epidemic, and orders were diverted to competitive enterprises. Some enterprises made the best orders of the year in December, hedging the impact of the epidemic on the copper bar industry. In addition, electrical appliances, electrical equipment and other terminals are in the peak production season, driving the demand for copper bars. "View details
[SMM analysis: year-end settlement consumption weakens, scrap copper pole start weakens] in early December, scrap copper supply is tight, scrap copper rod enterprises' production efficiency is not good, and orders are insufficient, some scrap copper rod enterprises reduce the starting level, superposition Henan Xinxiang area environmental protection repeatedly shuts down production, year-end settlement arrives at the end of 2021, downstream consumption weakens, and the scrap copper rod start-up rate drops significantly in December. "check the details.
[SMM survey: a picture shows clearly the consumption situation of Guangdong copper processing industry before the 22-year festival] as the saying goes, after Laba is the year, and the 22-year Spring Festival is approaching, then how is the pre-festival consumption of Guangdong copper processing industry this year? as far as we know, due to the impact of the epidemic, many enterprises responded to the call to keep employees in the local festival during the Spring Festival in 21 years. The epidemic has relatively eased this year, and most employees are eager to go home. In addition, the pre-holiday orders in the terminal industry are weak this year, and only some of the export orders are OK. "check the details.
[SMM analysis: poor consumption of recycled copper rods: limited increase in recycled copper] Copper prices this week ushered in the biggest increase in the month, rising nearly 3% to 72500 yuan / ton, once exceeding the high of November 25. The rise in copper prices is more affected by the macro view, but behind the copper prices are rising by leaps and bounds, the recycled copper market. "View details
[SMM data: SMM data week national mainstream copper market inventory increased by 200 tons] as of Friday, January 14, SMM national mainstream copper regional market inventory increased by 200 tons to 86600 tons compared with Monday, there is a rare accumulation of inventory. Inventories in Shanghai alone increased sharply this week, with significant declines in Guangdong, Jiangsu and Tianjin, and little change in other regions. "View details
[SMM analysis: the new production capacity of domestic electrolytic aluminum in 2021-2022 is not as expected.] after 2022, the new domestic electrolytic aluminum projects are mostly concentrated in Yunnan and Guangxi, where the power structure is mainly hydropower, and the power supply is easily affected by water and other aspects. Whether the enterprise capacity can be effectively released remains to be further considered. In addition, the domestic energy consumption in 2021 is double. "check the details.
[SMM analysis: Guizhou environmental protection policy high pressure local bauxite tension throughout the year] in 2021, Guizhou mining has been in a state of environmental protection high pressure, mining efficiency and output have declined, in October 2021 appeared in Guizhou alumina plant because of low ore inventory, have to cross the province to buy the situation, a ton of ore steam transportation costs as high as 160yuan / ton, mining costs soar. The Spring Festival falls at the end of January this year, and most mines will rest for nearly a month before and after the Spring Festival, so it is difficult to ease the ore tension in Guizhou in the short term. "check the details.
[SMM Aluminum Accessories Weekly Review: the petroleum coke market high shock anode market temporarily stable operation] within the week (January 10-14) pre-baked anode market temporarily stable operation, the market has not released the latest environmental protection and other aspects of the latest production reduction policy, enterprises mostly according to order delivery, but there are many domestic epidemic, anode enterprise material transport is limited, but the industry as a whole can check the details.
[scrap aluminum and recycled aluminum weekly review: the shortage of waste aluminum invoice aggravates the concern that the price of recycled aluminum market changes less before the festival] the price of A00 aluminum has gone up and fell back this week (January 10-14), and the momentum of scrap aluminum rising is obviously insufficient. In terms of cooked aluminum, aluminum bars continue to accumulate in the week, the processing fee of mainstream consumption falls to less than 100 yuan to suppress the price of cooked aluminum, and the price of cooked aluminum remains stable during the week. For raw aluminum, the price itself is still higher than that of the previous week. "check the details
[SMM Weekly Review: market turnover decreases before the Spring Festival. Domestic bauxite prices rebounded slightly] according to SMM, most mines will gradually shut down and rest on the eve of the Spring Festival, the amount of tradable ore in the market will be reduced, and the tightening of supply has led to a slight rebound in ore prices. On the whole, the production of the northern alumina plant is still limited by the environmental protection policy and the prevention and control of air pollution in the heating season, and the production and operation of the alumina plant fluctuates greatly, but the willingness of the factory to continue to replenish the ore and increase its reserves has not diminished. and the price of alumina has opened an upstream channel this week, and it is expected that ore prices will remain strong next week. "View details
[SMM Weekly Review: Shandong production reduction is expected to stimulate market sentiment. Alumina rose strongly in the short term.] as of Friday, the), SMM regional weighted index was 2862 yuan / ton, up 33 yuan / ton from last Friday. Among them, Shanxi region reported 2870-2900 yuan / ton; Henan region reported 2860-2890 yuan / ton; Shandong region reported 2900-2920 yuan / ton; Guangxi region reported 2740-2760 yuan / ton; Guizhou region reported 2740-2760 yuan / ton; Bayuquan region reported 2990-3050 yuan / ton. "View details
SMM analysis: aluminum rod processing fees plummeted in six weeks to a three-year low under weak demand! In terms of processing fees, the overall aluminum bar processing fees continue to show a weak trend this week. As far as the South China market is concerned, the processing fee of φ 90 specification aluminum bar in South China this week is between 80 yuan / ton and 260 yuan / ton. the low-end price center of gravity has dropped 180 yuan / ton, the high-end price center of gravity has dropped 120 yuan / ton, and the weekly average price has dropped 175 yuan / ton. φ 120 and 178 specification aluminum bar processing fee is 30-180 yuan / ton, and the low-end price center of gravity has dropped 150 yuan / ton. "check the details.
[SMM survey: aluminum prices are strong during the week and the enthusiasm of the pre-festival reserve of die-casting enterprises is weakened.] in the face of the current relatively high aluminum prices, SMM investigates the pre-festival reserve of die-casting enterprises and the Spring Festival holiday, so as to get a glimpse of the actual demand downstream of recycled aluminum. "check the details.
[SMM analysis: Shandong production reduction expected to ignite market sentiment alumina price rise channel opened] this week (January 10-14), alumina production reduction is expected to continue to ferment, causing market concerns about supply, alumina prices rose rapidly. At present, the mainstream transaction price in Guangxi has risen from 2650 yuan / ton last week to around 2850 yuan / ton; Shanxi and Henan have risen from 2850-2880 yuan / ton to 2880-2950 yuan / ton; Shandong has risen from 2850-2880 yuan / ton to 2900-2920 yuan / ton. Bayuquan had a transaction of 3050 yuan / ton. "View details
SMM analysis: under the trend of improving demand and superimposing profits, China's export volume of unwrought aluminum and aluminum products reached a new high in December. Since the outbreak of the epidemic in 2020, China's exports of unwrought aluminum and aluminum products are not optimistic, with a total export of only about 4.86 million tons from January to December 2020, down 15.24 percent from the same period in 2019. From the picture above, we can see that since August 2021, China's exports of unwrought aluminum and aluminum products have increased month by month, and the year-on-year level has also increased significantly. SMM insights into the following three reasons: "check details."
[SMM analysis: operating rate of recycled aluminum alloy enterprises in various regions in December 2021] SMM investigated and analyzed the operating rate of recycled aluminum alloy enterprises in various regions of the country in December, and business starts continued to pick up in December. "check the details.
[SMM survey: preliminary investigation on January production arrangement and Spring Festival production scheduling of some primary lead smelters] according to the SMM survey, overhaul and recovery of primary lead smelters coexisted in January, and some smelters ended the year-end production increase plan with the main purpose of accomplishing the annual production task, and resumed normal production after entering January 2022. Some enterprises' production plans for the Spring Festival in 2022 have not yet been determined, and SMM will continue to follow up and report next week. "View details
[SMM survey: the operating rate of electrolytic lead in Yunnan continues to be tight.] according to the (SMM) survey of SMM, the weekly operating rate of SMM primary lead smelter was 58.87% in three provinces this week, and the operating rate of primary lead smelter dropped 0.68% month on month this week. "View details
[SMM survey: the weekly operating rate of lead-acid batteries for migrant workers returning home decreased slightly] according to SMM research, the weekly comprehensive operating rate of lead-acid battery enterprises in the five provinces of SMM this week (January 10-January 14) was 76.19%, down 0.1% from last week. "View details
[SMM survey: increase production and reduce production at the smelting end and overall operating rate of the four places] according to the SMM (SMM) survey, this week (January 8-January 14) SMM recycled lead smelting enterprises in the four provinces have a weekly operating rate of 45.67%, up 1.78% from last week. "check the details.
According to SMM research, the total inventory of lead ingots in the five places reached 91900 tons as of January 14, down 1400 tons from last Friday, and up 300 tons from Monday. "View details
[SMM analysis: most enterprises have holiday zinc oxide operating rate is low] this week (January 10-January 14) zinc oxide transaction price is in the range of 23400-23800 yuan / ton. According to SMM, the operating rate of zinc oxide this week is 51.9%. . "View details
[SMM survey: although sales of galvanized tubes improved during the week, the start of galvanizing was still at a low level.] this week (January 10-January 14) zinc ingot prices are running at a high level, and enterprises are mainly buying rigid demand. During the week, galvanized pipe orders continued to rise with the continuous rise in steel prices, and enterprise sales orders improved, leading to a decline in finished product inventory. "check the details.
[SMM survey: list of holiday time for SMM galvanizing enterprises] with the approach of the Spring Festival, various places have entered the peak of returning home one after another, superimposed by the recent epidemic in China, and travel and transportation restrictions in various places have aggravated people's urgent mood of returning home. In order to give you a clearer understanding of the holiday time of galvanizing enterprises in various regions, SMM conducted a survey of galvanizing enterprises across the country, and the specific information was shared with you. "check the details.
[SMM analysis: zinc downstream holiday Guangdong spot discount expansion] this week (January 10-January 14) Guangdong market quoted zinc price concentrated on the Shanghai Zinc 2202 contract discount of 300.80 yuan / ton, Guangdong market discount of 240yuan / ton compared with Shanghai market, weekly expansion of 30 yuan / ton. "View details
[SMM analysis: the decline in the start-up of die-casting zinc alloy continued to expand in December compared with the same period last year] according to the survey conducted by SMM (SMM), the operating rate of die-casting zinc alloy enterprises in December was 32.72%, down 4.98% from the previous month, and 14.88% from the same period last year. "View details
[SMM analysis: in-depth talk about the causes and consequences of the rebound in the Hu Lun ratio of zinc ingots] the cost of electricity prices in Europe is high. "smelter cuts put pressure on LME European inventories." overseas Lun Zinc trend is strong. . "View details
[SMM data: SMM Seven zinc ingots social inventory dropped 2400 tons compared with last Friday] according to SMM, as of Friday, SMM Seven zinc ingot stocks totaled 123100 tons, down 3700 tons from Monday and 2400 tons from last Friday. "View details
[SMM analysis: Yunnan slightly decreased Jiangxi slightly increased tin weekly operating rate maintained stable] to sum up, when the total operating rate of the two provinces decreased slightly in Yunnan and slightly increased in Jiangxi, the comprehensive operating rate showed a slight decrease compared with the previous year. As some smelters are gradually facing the situation of stopping production during the holiday before the Spring Festival, it is expected that the comprehensive operating rate of the two provinces will gradually decline from next week. "View details
[SMM analysis: holiday transport shutdown demand short-term rapid rebound in ferronickel prices] within a week (January 10-January 14), the price of high nickel pig iron rebounded rapidly, with specific transactions rising rapidly from 1340 yuan / nickel point last week (including tax to the factory) to 1400 yuan / nickel point (including tax at the factory) at the end of this week, with a faster-than-expected growth rate. In early January, Ferro-nickel prices showed a rebound momentum, first of all, supported by costs, Ni-Fe smelters in anticipation of the rainy season, prepared high-priced nickel ore, although the price of auxiliary materials has been significantly controlled. "check the details.
[nickel pig iron weekly review: pure nickel & stainless steel drives the price of nickel iron to rise sharply in the short term] this Friday, the average price of SMM8-12% high nickel pig iron is 1362.5 yuan / nickel point (including factory tax), which is 55 yuan / nickel point higher than that of last Friday; the average price of high nickel pig iron in Indonesia is 1360 yuan / nickel point (including tax), which is 50 yuan / nickel point higher than that of last Friday. There are more transactions in the market during the week, and the mainstream transaction price range is between 1360 yuan / nickel point-1400 yuan / nickel point (to the factory including tax). "View details
[laterite Nickel Weekly Review: FOB prices slightly upside Nickel Mine transactions are still light] on Friday, the average 1.5%CIF price of nickel ore was $82 / wet ton, unchanged from the average price last Friday. During the week, the market cif turnover is still light, as the Philippines is in the rainy season, the supply is relatively small, market transaction news is on the low side. On the demand side, the ironworks are less willing to purchase, and the high-priced nickel deposits prepared in the early days have not yet been fully consumed. "View details
[SMM Cobalt Lithium spot Weekly report: it is difficult to purchase 3.5 million lithium salts for production and sales of new energy vehicles in China in 2021] for cobalt, with the Spring Festival approaching, domestic electrolytic cobalt downstream enterprises have reduced their orders and trading volume before the year, and most enterprises are mainly wait-and-see, and prices are expected to remain high in the later period. Cobalt salt turnover increased slightly compared with last week, but the downstream is still dominated by inquiries. In the future, it is predicted that the year's end is approaching and the market activity may further decrease, but driven by the cost end, the price of cobalt salt may continue to rise slightly. "View details
[SMM analysis: strong game sentiment in the cobalt salt market continues to rise slightly] the price of cobalt sulfate has risen slightly recently, and the price of cobalt chloride continues to trade horizontally. After the festival, the transaction in the cobalt salt market is relatively flat, and the upstream and downstream game and wait-and-see mood are aggravated. "View details
[SMM annual inventory: the installed capacity of lithium iron phosphate batteries in 2021 soars by 227% compared with the same period last year. Domestic lithium battery enterprises blossom.] the new energy market in 2021 shows a rapid growth trend, with annual production and sales reaching 3.54 million and 3.52 million vehicles, an increase of 160% over the same period last year. The installed capacity of power lithium batteries in 2021 was as high as 154.5 GWH, an increase of 143% over the same period last year. Among them, the annual installed capacity of ternary batteries was 74GWH, accounting for 48%, an increase of 91% over the same period last year; the annual installed capacity of lithium iron phosphate batteries was 80GWH. "check the details.
[SMM high-carbon ferrochromium Weekly Review: low-price supply reduces high-carbon ferrochromium stops rising] the price of high-carbon ferrochromium stopped falling this week, with a slight rebound and a decrease in supply at low prices. Although the transaction situation is better than last week, the overall situation is still relatively mediocre. Driven by loose supply and low steel prices, high-chromium prices have fallen one after another, falling below the cost line of some manufacturers. "check the details.
[chromite Weekly Review: the stock market of chrome ore is not as expected due to the impression of epidemic situation.] as of Friday (January 14), the spot price of Tianjin Port South Africa 40-42% chromium concentrate was 30-31 yuan / tonnage; the spot price of 42-44% concentrate powder in South Africa was 35-36 yuan / tonnage; the spot price of 40-42% raw ore in South Africa was 40.5-43 yuan / tonnage; The spot price of 40-42% ore in Turkey is 59-60 yuan / tonnage. "View details
[SMM analysis: Wulanchabu Municipal Bureau of Industry and Information Technology issued a letter on adjusting the power load of enterprises in Tianpishan Park, Chayouqian Banner] according to SMM research, the park involves two high-carbon ferrochromium manufacturers, involving an annual capacity of about 440000 tons; the iron factory in the park said that it just received the letter today and has not yet stopped production, and the limited load is expected to reach 70%. No similar production reduction notice has been received in other parts of Inner Mongolia, and the general production limit during the Winter Olympic Games, which has been circulated online for a long time, has not arrived. "check the details.
[SMM coke market depth analysis: coke delivery poor steel mills continue to replenish the stock] this week (January 10-January 14) the spot price of coke is on the strong side. On Monday morning, coking enterprises carried out a third round of increase in coke prices by a range of 200 yuan / ton, and on Monday afternoon, a mainstream steel plant in Hebei accepted the increase in coke prices, and the third round of coke price increase basically fell to the ground. First-class metallurgical coke-dry quenching 3660 yuan / ton. "check the details.
[SMM thread weekly carding: inventory, output low & raw materials rising timber prices support at the bottom stronger] this week (January 10-January 14) the snail is relatively strong, spot prices in some areas rose slightly. At the beginning of the week, the third round of coke rose to the ground, and the environmental protection warning in some parts of the north was lifted, and the demand for coke from downstream steel mills increased significantly. The market is generally optimistic about the fourth round of rise, and iron ore is worried about iron ore supply due to heavy rains in Brazil. "check the details.
[SMM hot spot analysis: China's steel exports increased from decline to increase in December, and imports dropped significantly] according to the General Administration of Customs, China exported 5.026 million tons of steel in December 2021, an increase of 665000 tons over the previous month, and an increase of 3.6 percent over the same period last year. China's steel exports totaled 66.895 million tons from January to December, an increase of 24.6 percent over the same period last year. "View details
According to statistics from the General Administration of Customs of China, in December, China imported 86.07 million tons of iron ore and its concentrate, down 14.33% from January to December compared with the same period last year. China imported 1.124315 billion tons of iron ore and its concentrate from January to December, down 3.9% from the same period last year. "View details
[SMM comment: Tiandeng County signed a contract with Southern Manganese Group Co., Ltd. Tiandeng Manganese Mine Branch on electrolytic manganese expansion project (phase II). On January 11, 2022, Tiandeng County signed a contract with Tiandeng Manganese Mine Branch of Southern Manganese Group Co., Ltd. (phase II). It indicates that the win-win and development cooperation mode of Southern Manganese Industry Group and Tiandeng County has entered a new platform. Mei Chengzhu, secretary of the county party committee, attended the meeting and witnessed the signing ceremony, and the county magistrate Ouzheng signed the contract on behalf of the people's Government of Tiandeng County. "View details
[SMM Manganese Mine Weekly Review: maintenance of stable operation after a slight increase in manganese ore prices during the week] as of Friday, the northern port: Australia Mine 43-44 yuan / tonnage, up 1 yuan / tonnage compared with last week; South African hemicarbonate mine 32.5-33.5 yuan / tonnage, up 0.5 yuan / tonnage compared with last week; Gabon mine 40.5-41.5 yuan / tonnage, up 0.5 yuan / tonnage compared with last week; The Brazilian mine is 41-42 yuan per tonnage, the same as last week. "check the details
As of Friday, northern market: inner Mongolia 6517 (cash) 8050-8300 yuan / ton, up 125 yuan / ton over last week; Ningxia 6517 (cash) 8000-8250 yuan / ton, up 75 yuan / ton over last week. Southern market: Silicon manganese 6517 (cash) 8150-8350 yuan / ton. "View details
[SMM Electrolytic Manganese Weekly Review: monthly transaction in Manganese City is deserted and individual negotiations drop slightly] this week (January 10-January 14), the spot factory average price of the main producing area of electrolytic manganese in South China remained stable between 4.1-42000 yuan / ton compared with last Friday, and the overall quotation price is strong, while the actual transaction atmosphere is bleak. During the week, most of the electrolytic manganese factories have entered the phase of suspension of production, and individual manganese factories in non-main producing areas have normal production during the week due to the delivery of their terminal association orders, but the basic daily output is limited. "View details
[SMM data: 2021 Review of China's Metal Silicon Market] 2021 is a groundbreaking year for China's metal silicon market. The following is a brief review of the metal silicon market for the whole year. "check the details.
[SMM silicon inventory: downstream stock metal silicon social inventory decline] SMM statistics metal silicon social inventory totaled 84000 tons, a decrease of 2000 tons compared with last week. Downstream concentrated replenishment before the Spring Festival holiday, superimposed Yunnan Silicon Plant reduced production into storage, Kunming warehouse inventory decreased significantly compared with the previous month. The social inventory of Huangpu Port, Kunming Port and Tianjin Port is the same as the same period last year, mainly because this year's Spring Festival holiday is earlier than that of the same period last year, and the periodic destocking time brought about by pre-holiday stock is ahead of schedule. "check the details.
[SMM selenium Weekly Review: the selenium market is getting lighter and lighter.] with the Spring Festival approaching, the domestic selenium market is becoming more and more deserted. By Friday, trading and enquiries from selenium raw materials to finished selenium products were still scarce in the market during the week; traders have begun to close accounts and leave, and factories will gradually stop production for overhaul in the later stage. "View details
[SMM indium spot weekly review: indium price continues to fall] indium market prices continue to fall weakly this week (January 10-January 14). As the Spring Festival is approaching, the market will be affected by the gradual outage of logistics next week, and the hindrance of spot transactions will become greater, so the performance of both buyers and sellers in the market is relatively calm, the transaction is also more desolate, the buyer's enthusiasm is still not high, the market enters a wait-and-see situation, and many merchants frankly say that they do not intend to ship goods. Waiting for the Spring Festival. By the end of this week, the price of SMM refined indium was 1510-1560 yuan / kg, down 20 yuan / kg from last week. "check the details
[SMM Bismuth spot Weekly Review: bismuth price is stable as the Spring Festival approaches] bismuth ingot prices are stable this week (January 10-14). As the Spring Festival is approaching, the market performance continues to be calm, the transaction is still cold, and the buyer's enthusiasm for buying is still not high, but many manufacturers on the seller's side have not easily shipped goods at low prices, with the impact of outbreaks one after another in many areas in the north. As a result, the sales and procurement of some manufacturers and downstream users have also received some indirect effects, and market participants have generally entered a wait-and-see state. By the end of this week, the mainstream price of SMM bismuth ingots is 44000-45000 yuan per ton, with the average price unchanged from last week. "check the details
[SMM antimony spot Weekly Review: antimony price overall stable] this week (January 10-14) antimony market prices are overall stable, due to the recent market approaching the Spring Festival, sellers cashing out sales measures suspended, while buyers also maintain a wait-and-see attitude, rigid demand to buy, years ago is not willing to hoard goods is not strong, the overall market supply and demand fundamentals do not change much, market prices are stable. Up to now, the average price of SMM antimony is 72000 yuan / ton for low bismuth antimony ingots, 73500 yuan / ton for antimony ingots and 74500 yuan / ton for antimony ingots. "check the details.
[SMM Indium Market tracking report: SMM estimates that China's net export of forged and unwrought indium in 2021 is about 470 metric tons] according to customs data, from January to October 2021, China exported a total of about 448.3 metric tons of forged and unwrought indium. From January to October 2021, China imported about 57.9 metric tons of forged and unforged indium. SMM expects China's net export of forged and unwrought indium to be around 470 metric tons for the whole of 2021. "check the details.
[SMM magnesium spot Weekly Review: demand weakening magnesium price homeopathic downward] compared with the rapid rise in magnesium prices driven by replenishment after the holiday last week, magnesium prices have come out of an opposite curve this week. Due to the outbreak of the epidemic in Tianjin, Tianjin Port, the main port for magnesium ingot export, transportation disruption has affected foreign trade orders to a certain extent, and the demand for restocking by stacking plants has increased before the year, resulting in magnesium prices under pressure this week. "View details
[SMM data: China's total titanium concentrate imports are expected to be close to 4 million tons in 2021] according to SMM statistics, China's total imports of titanium concentrates totaled 3.5554 million tons by November 2021, an increase of 31.04 percent over the same period last year. In terms of importing countries, the top four countries are Mozambique (39%), Vietnam (11%), Kenya (8%) and Norway (7%). "View details
[SMM titanium spot weekly review: the overall operation of the titanium market is stable] the price of titanium ore remained strong this week (January 10-14). The mainstream price of titanium concentrate in Panxi region (TiO2 ≥ 46%) was 2200 yuan / ton-2250 yuan / ton, up 50 yuan / ton from last week, while the mainstream price of titanium concentrate in Panxi region (TiO2 ≥ 47%) was 2500 yuan / ton-2550 yuan / ton, unchanged from last week. With the approach of the Spring Festival, the trading atmosphere in the titanium market is weak, orders from small and medium-sized miners are stable, and miners mainly deliver pre-orders. Medium ore resources are still tight. Under the support of stable supply and demand, ore prices are expected to remain stable in the near future. "check the details.
[SMM Weekly Review: procurement replenishment demand strong rare earths mainstream market continues to rise] Logistics will be shut down one after another before the Spring Festival, and spot procurement demand in the market has continued to be strong for nearly two weeks. At the beginning of this week, the mainstream transaction of praseodymium-neodymium oxide was 91-920000 yuan / ton, the mainstream price of praseodymium-neodymium metal was 110-1.11 million yuan / ton; the mainstream transaction of terbium oxide was 1260-12.8 million yuan / ton, some of which was reported to 13 million yuan / ton; the mainstream price of dysprosium oxide was raised to 295-2.98 million yuan / ton. "View details
[SMM comment: review and analysis of the mainstream rare earth market in 2021] although the domestic rare earth mining index and smelting index increased by 20% in 2021 compared with the same period last year, the production capacity of upstream mainstream rare earth products such as oxides and metals can not match the expanding production capacity and terminal demand of NdFeB magnetic materials. Taking praseodymium and neodymium as an example, the domestic demand for blank NdFeB exceeded 200000 tons in 2021, and the demand for praseodymium-neodymium oxide exceeded 80, 000 tons, while the upstream separation enterprise produced about 70, 000 tons of praseodymium-neodymium oxide in 2021. "View details
[general Administration of Customs: imports of unwrought copper and copper materials increased 15 per cent in December compared with the same period last year] imports of unwrought copper and copper materials in December were 589165.3 tons, up 15.43 per cent from the previous month and 15 per cent year-on-year. The cumulative import of unwrought copper and copper products from January to December in 2021 was 5528667.3 tons, down 17.2% from the same period last year. Imports of copper ore and its concentrates in December were 2.06 million tons, down 5.85% from the previous month and an increase of 9.28% over the same period last year. The cumulative import volume from January to December was 23.404 million tons, an increase of 7.6 per cent over the same period last year.
[general Administration of Customs: nearly 60% of China's export products in 2021 are mechanical and electrical products] Li Kuiwen, spokesman of the General Administration of Customs, said at a news conference today that in terms of trade structure, the proportion of imports and exports of China's general trade increased by 1.6% in 2021. Nearly 60% of export products are mechanical and electrical products. In terms of regional distribution, imports and exports in China's central and western regions totaled 6.93 trillion yuan, an increase of 22.8 percent, 1.4 percentage points higher than the overall growth rate of China's foreign trade in the same period. Among trading partners, imports and exports to economies such as Europe, the United States and Japan increased by 17.5 percent, while imports and exports to Latin America and Africa increased by 31.6 percent and 26.3 percent respectively.
[table of key commodities imported nationwide in December issued by the General Administration of Customs] Iron ore and its concentrates imported 86.074 million tons in December, with a total import of 1.124315 billion tons in the whole year, down 3.9 percent from 2020. Steel imports in December totaled 1.001 million tons, totaling 14.268 million tons, down 29.5 percent from a year earlier. Imports of copper ore and its concentrates totaled 2.06 million tons in December, an increase of 7.6 percent over the same period last year, while unwrought copper and copper materials imported 589200 tons in December, down 17.2 percent from the same period last year. "View details
Miners, including Vale, have suspended some operations due to continued heavy rains in southeastern Brazil after torrential rains caused deadly flooding in the northeast and threatened harvests in the Midwest.
The export volume of unwrought aluminum and aluminum products reached a new high in December. According to data released today by the General Administration of Customs, the export volume of unwrought aluminum and aluminum products in December 2021 was 563000 tons, an increase of 10.53 percent month-on-month and 23.43 percent over the same period last year. Exports hit a new high since January 2019. The cumulative export volume of unwrought aluminum and aluminum products from January to December in 2021 was 5.1691 million tons, an increase of 15.7% over the same period last year.
[Chinalco Lanzhou natural gas roasting start-up cell process was successful] recently, No. 5143 cell in the second operation area of the first electrolysis plant of Chinalco Lanzhou, which adopted the natural gas roasting start-up cell process, entered normal operation, marking the success of the natural gas roasting start-up cell process in the company, using a new natural gas roasting technology to replace the traditional coke particle roasting technology. It overcomes the shortcomings of uneven temperature and easy deviation of current in the original roasting method. This technology saves the work of salvaging carbon slag, installing and disassembling soft connections and shunts, greatly reducing power consumption and carbon dioxide emissions during roasting, and has good economic and social benefits. It is estimated that compared with the conventional start-up, a single cell can save 150000 kilowatt-hours of electricity for the company each time, which will create favorable conditions for the company to reduce the comprehensive AC power consumption of liquid aluminum in an all-round way.
[Indonesia may start taxing Nickel Iron and Nickel Pig Iron exports this year.] on January 12, 2022, Indonesia's Deputy Minister of Ocean and Investment Septian HarioSeto said that the government may start taxing Nickel Iron and Nickel Pig Iron exports in 2022. Seto said that if the price of nickel is above $15000 a tonne, a 2 per cent tax is likely to be levied, and the tax will increase as the price of nickel increases. The main purpose of the tax is to promote investment in the downstream nickel industry.
[Chilean courts agree to suspend new lithium mining contracts] Chilean courts suspended two lithium production contracts awarded by the government this week, according to the Chilean judiciary. In investigating the matter, the court accepted the injunction against the bidding process. The move comes after the Chilean government pushed for more contracts to mine the world's largest lithium deposit, prompting harsh criticism from President-elect Gabriel Baldrick and other opposition groups who tried to stop the bidding process. The outgoing government is seeking to reverse the country's declining share of the global lithium market, but has been criticized by Chilean opposition groups. Small Financial Note: according to an email statement from Chile's Ministry of Mines, Chile gave two of the five lithium mining contracts to BYD Chile and Servicios y Mineras del Norte.
[China Mineral Resources: the first batch of 2000 tons of spodumene concentrate produced by the company's Canadian TANCO mine is currently in transit] China Mineral Resources said on the interactive platform that the first batch of 2000 tons of spodumene concentrate produced by the company's Canadian TANCO mine is currently in transit.
[head companies are still grabbing lithium in the future or more battery companies will join] on January 13, it was reported that Chile had given two of the five lithium mining contracts to BYD Chile and a local company. BYD offered $61 million for an 80, 000-tonne lithium production quota. BYD confirmed the news to the media. On the same day, foreign media reported that LG New Energy had signed a procurement agreement with Australian lithium producer Liontown Resources. The two sides agreed that starting from 2024, LG New Energy will purchase 700000 dry tons of spodumene concentrate within five years. "View details
[SMM News: lithium carbonate rose 5000 yuan again today to 326000 electrolytic cobalt quotation exceeded 500000! Recently, the price of lithium carbonate has only increased, and the price has continued to rise. According to the spot price of SMM, the price of battery-grade lithium carbonate rose again by 5000 yuan to 326000 yuan / ton today, up 17.27% this year. The average spot price of battery-grade lithium hydroxide, which has a strong rising mood recently, also rose again today, rising 4000 yuan / ton a day to 267500 yuan / ton, up 20.22% this year. It is worth mentioning that the prices of cobalt-related products have also been loosened today. the spot price of electrolytic cobalt is 49.8 ~ 502000 yuan / ton, with an average price of 500000 yuan, up 1500 yuan today. "View details
[Shaanxi Coal Industry: coal sales rose 27.52% in December compared with the same period last year] according to the main operating data released by Shaanxi Coal Industry in December 2021, coal production was 11.301 million tons, down 4.30% from the same period last year; coal sales were 21.1402 million tons, up 27.52% from the same period last year; among them, self-produced coal sales were 11.3351 million tons, down 4.07% from the same period last year.
[developments in overseas mines] on January 13, Ferrexpo, a Ukrainian pellet producer, released a production and sales report for the fourth quarter of 2021: total commercial production (including pellets and fine powder) was 3.101 million tons in the fourth quarter, up 17% from the previous month and down 2% from the same period last year. Of this total, the total pellet output was 3.062 million tons, an increase of 18% from the previous month and a decrease of 1% from the same period last year. The pellet output of 67% grade was 101000 tons, a decrease of 48% compared with the previous year, 34% less than the same period last year, 65% less than the same period last year, 2.961 million tons of grade pellets, an increase of 23% and 1% over the same period last year. The output of 67% grade iron concentrate powder was 39000 tons, a decrease of 14% from the previous month and 52% from the same period last year.
[steel Plant Trends] on January 13, 2022, Guangxi Liuzhou Iron and Steel Group Co., Ltd. signed a memorandum of understanding with Brazil's Vale do Rio Doce. Under the memorandum of understanding, the two sides will work together to develop steelmaking programs focused on reducing greenhouse gas emissions. According to reports, Liugang Group and Vale plan to explore the possibility of cooperation around the following matters: 1, including Liugang Group to build a metal charging plant in Southeast Asia, Vale supplies high-grade iron ore products to this plant; 2, Liugang Group uses Tecnored technology to deal with residues produced in the steel production process; 3. Build mineral processing and grinding facilities to produce high-grade pellet concentrate in Chinese ports or factories of Liuzhou Iron and Steel Group. According to reports, the cooperation between the two sides will help Vale realize its commitment to reduce net emissions of "scope three" by 15% by 2035. Vale also pledged to reduce absolute emissions of "scope one" and "scope two" by 33 per cent by 2030 and to achieve net zero emissions by 2050. These commitments are in line with the Paris Agreement and will advance the process of "sustainable mining".
[SMM News] in 2021, Shaanxi Coal Transportation and Marketing Group sold 208 million tons of self-produced coal, an increase of 7.32 percent over the same period last year. Among them, the railway transport volume of self-produced coal reached 104 million tons, accounting for 50% of the total coal sales for the whole year, an increase of 10.81% over the same period last year. For the whole year, the sales volume of self-produced coal and railway transport volume reached the best level in history.
[Fuxin cold rolling project with an annual output of 400000 tons of stainless steel is officially put into production] according to the management committee of Fujian Zhangzhou Taiwan Investment Zone, recently, Fujian Fuxin Special Steel Co., Ltd. has officially put into operation the deep processing project of nickel-saving stainless steel, 20-roll cold rolling mill and cold-rolled annealing acid washing machine, and successfully produced nickel-saving cold-rolled stainless steel 2D/2B products that meet the specifications. It is reported that since the beginning of this year, the company has overcome the difficulties and faced the difficulties, taking many measures to co-ordinate production and operation, epidemic prevention and control, and project construction, ensuring that the project is completed and put into operation as scheduled.
[general Administration of Customs: China's steel exports in December were 5.026 million tons up 24.6% over the same period last year] General Administration of Customs: China's steel exports in December were 5.026 million tons, with a total of 66.895 million tons for the whole year, an increase of 24.6% over the same period last year. Monthly exports of unwrought aluminum and aluminum products reached 563000 tons, a total of 5.6191 million tons for the whole year, an increase of 15.7% over the same period last year.
[SMM News] recently, Jinli permanent Magnet received an on-site visit and research. Jinli permanent Magnet said that the construction of Baotou's "High performance rare Earth permanent Magnet material Base Project" started in November 2010. at present, the project has been completed and accepted, the installation and commissioning of major equipment has been completed, and it will enter the production stage, and it is expected to gradually reach full production in the second quarter of this year. After the project reaches production, The company will form a blank production capacity of 23000 tons / year of high-performance rare earth permanent magnet materials. In addition, Ningbo's "annual output of 3000 tons of high-end magnetic materials and 100 million sets of components" project has started construction, is expected to be completed and put into production in 2023. The company's long-term plan is to build a capacity of 40000 tons by 2025. The rapid expansion of the company's production capacity can lay a solid foundation for the development of the next two years.
[SMM Express] recently, the Qinghai Provincial Department of Natural Resources held a report meeting on the results of geological exploration in 2021, comprehensively summing up the new progress and achievements made in the province's geological prospecting work in 2021, sorting out the existing problems, exchanging experience in geological exploration work, scientifically arranging geological prospecting work in 2022, and continuously promoting the high-quality development of geological prospecting work in the province. In 2021, a total of 286 geological prospecting projects were implemented in the province, with a total fund of 874 million yuan, and the annual investment plan was completed in an all-round way. New breakthroughs have been made in beryllium oxide, crystalline graphite, talc, fluorite, veined quartz and other new materials, new achievements have been made in advantageous and important minerals such as gold, silver, lead and zinc, and new progress has been made in clean energy minerals such as underground Scald. New achievements have been made in basic and hydraulic geological work around people's livelihood, new understanding has been made in geological scientific research work, and the function of "two unified exercises" in geological prospecting work has been brought into full play.
[general Administration of Customs: China's exports of rare earths in December were 4087.6 tons down 1.92% from the same period last year] General Administration of Customs: China's exports of rare earths in December were 4087.6 tons, down 15.88% from the previous month and 1.92% from the same period last year; rare earth exports remained at a high level this year, with a cumulative export volume of 48917.7 tons from January to December, an increase of 38% over the same period last year.
[Shenghe Resources' net profit in 2021 increased by 225% to 271% year-on-year production and sales of rare earth products] after January 14, Shenghe Resources announced that the company expects to achieve net profit attributable to shareholders of listed companies of 1.05 billion yuan to 1.2 billion yuan in 2021, an increase of 726.6872 million yuan to 876.6872 million yuan over the same period last year, an increase of 225% to 271% over the same period last year. "View details
[SMM Molybdenum Express] according to SMM understanding, recently Qingshan steel pipe stainless steel pipe enterprise project environmental assessment entered the approval opinion stage, Qingshan Steel Pipe Co., Ltd. Fujian branch Qingshan steel pipe Fujian stainless steel deep processing reconstruction and expansion project is located in Lidun Town, Zhouning County, Lidun Industrial Zone, this reconstruction only involves technology, the plant capacity remains unchanged, still annual production capacity of stainless steel welded pipe 20, 000 tons, stainless steel pipe fittings 1.4 million.
Terminal information
[national Bureau of Statistics: sales prices of new commercial housing and second-hand housing in first-tier cities fell one month on month-on-month in December 2021, both second-and third-tier cities fell.] according to the National Bureau of Statistics, in December 2021, sales prices of new commercial housing in first-tier cities fell 0.1% from the previous month to the same level as the previous month. Among them, Beijing was unchanged from the previous month, Shanghai rose 0.4%, Guangzhou and Shenzhen fell 0.6% and 0.1% respectively. The sales price of second-hand housing in first-tier cities rose 0.1% from a month earlier, down 0.2% from the previous month. Among them, Beijing and Shanghai rose 0.8% and 0.4% respectively compared with the previous month, while Guangzhou and Shenzhen decreased by 0.3% and 0.4% respectively. The sales prices of new commercial housing and second-hand housing in second-tier cities both fell 0.3% from the previous month, 0.1 percentage points lower than the previous month. The sales price of new commercial housing in third-tier cities fell 0.3% from the previous month, the same rate as the previous month, while the price of second-hand housing fell 0.5% from the previous month, an increase of 0.1 percentage points over the previous month.
Longji today adjusted its official quotation for single crystal wafers: P-type M10 165 μ m thickness (182/247mm)-¥6.15, an increase of 5.1%; P-type M6 165 μ m thickness (166/223mm)-¥5.15, up 2.4%; and P-type 158.75/223mm 165 μ m thickness-4.95 μ m, an increase of 2.5%.
[Tianhe, Jingke, Huisheng and other six enterprises were shortlisted for the framework tender of three Gorges Electric Power 1GW Photovoltaic modules] on January 12th, three Gorges Electric Power (Anhui) Co., Ltd. issued a public announcement of candidates for phased procurement of photovoltaic modules in 2022. Huansheng Photovoltaic, Jingke Energy, Tenghui Photovoltaic, Zhongqing Photovoltaic, Tianhe Photovoltaic and Linuo Photovoltaic were shortlisted. As can be seen from the tender announcement, the power range of the bidding components is 530W and 570W on both sides, with a total total of 1000MW. The delivery time of a single batch is required to start delivery within 20 days from the date of signing the project procurement contract, not less than 2MW per day, until the supply is completed. The bid for the project was opened recently, and a total of 20 enterprises participated in the bidding. The average price of one-sided components is 1.812 yuan / watt, and the average price of double-sided components is 1.846 yuan / watt, and the average price of double-sided components is about 0.03 yuan / watt higher than that of single-sided components.
The project of intelligent manufacturing of 1.5GW solar cell module with annual production capacity of China Energy Saving starts! At 8: 58 a.m. on January 12, the opening ceremony of the 1.5GW high-efficiency solar cell module intelligent manufacturing project of China Energy Saving Solar Technology (Zhenjiang) Co., Ltd. was solemnly held at the project construction site. At the ceremony, Huang Guoping, general manager of China Energy Saving Solar Zhenjiang Company, first introduced the details of the intelligent manufacturing project of 1.5GW high efficiency solar cell modules with annual production capacity of China Energy Saving. The main products of the project are large-size and high efficiency solar cell modules. After putting into production, the annual production capacity of photovoltaic modules above 1.5GW can be realized, which will further promote the large-scale and brand development of Zhenjiang Company. It has also sounded the clarion call for enterprises to continue to cultivate intelligent photovoltaic industry innovation and development.
[the tight supply of lattice core CFO: chips will continue until 2022.] according to reports, David Reeder, chief financial officer of lattice core (GlobalFoundries), a foundry foundry, estimates that the supply crunch that plagued the chip industry last year will continue into this year, saying that grid core receives several calls a week for reminders and additional orders.
Is there still a shortage of semiconductor production capacity in 2022? TSMC's answer: spend US $40 billion to expand production and accept IDM outsourced orders] looking back in 2021, TSMC's advanced process (7nm and below) business continued to grow: advanced process chip shipments accounted for 50% of total wafer sales, compared with 41% last year. In 2021, shipments of Q4jue 5nm chips accounted for 23% of total wafer sales, and 27% of total wafer sales accounted for 7nm chips. TSMC said its 3nm process is in line with the progress and will be mass produced in the second half of this year. "View details
[Korean media: Apple discussed battery supply for electric vehicles with LG and SK] January 13, according to South Korean media ETNews reported that Apple is choosing a supplier for its electric vehicles. Apple is looking for auto electronics manufacturers with mass production experience to provide core components for cars. Apple is also reported to have discussed battery supply for electric vehicles with LG and SK. Apple is expected to complete the selection of car suppliers by the end of 2022, followed by full development, public announcement and mass production within the next two to three years. "View details
[camel shares: the company's 12V lithium battery auxiliary battery has been fixed by a number of manufacturers] Camel shares (601311) said that due to cost performance, safety and stability and other reasons, at present, the starting batteries of most new energy vehicles on the market are still lead-acid batteries, and the use of 12V lithium auxiliary batteries is still in its infancy. The company's 12V lithium battery auxiliary battery has been designated by a number of manufacturers, in terms of product technology, the company is in the first echelon, can fully meet the needs of the vast majority of car companies. The company is also actively opening up new customers and has submitted solutions to companies such as Tesla, but unlike traditional car companies with a long-term basis for cooperation and a relationship of trust, it takes a certain cycle to establish a cooperative relationship with the new forces of car building. the company is actively promoting to achieve a 50% market share in the 12V lithium auxiliary battery market.
[total installed capacity of power battery in 2021 reaches 154.5GWh] on January 12, 2022, China Automotive Power Battery Industry Innovation Alliance (Battery Alliance) released monthly data on power battery in December 2021. Ningde era, BYD, China New Airlines, Guoxuan Hi-Tech and LG New Energy are the top five respectively. In December, China's power battery output totaled 31.6 GWH, an increase of 109.0% over the same period last year and 12.0% month-on-month growth. "View details
[the scale of China's power battery recycling industry will reach more than 100 billion yuan in 2030, the Ministry of Industry and Information Technology will standardize the power battery recycling industry from six aspects] the development of new energy vehicles in China is accelerating, and China is about to usher in the first wave of power battery retirement. In this regard, Wang Weiming said that in recent years, the Ministry of Industry and Information Technology, together with relevant departments, has issued and implemented a series of policies, such as the "interim measures for the Administration of Recycling and Utilization of Power Storage batteries of New Energy vehicles," and introduced supporting measures such as the "Management measures for the echelon Utilization of Power batteries of New Energy vehicles" to strengthen the traceability management of power batteries throughout the life cycle. "View details
[sales of new energy passenger vehicles with both supply and demand and state support are expected to reach 5.5 million this year.] on January 12, car sales data released by the China Association of Automobile Manufacturers in 2021 showed that China's car sales reached 26.275 million in 2021, an increase of 3.8% over the same period last year, ending three consecutive years of decline since 2018. This achievement is not easy in the context of a shortage of chips and insufficient supply of raw materials. The reason why the overall growth of the car market has changed from negative to positive, new energy vehicles have contributed a great deal of strength. "View details
[2022 Let's do it! The Ministry of Industry and Information Technology and the China Automobile Association issued a major release in response to the concerns of the automobile industry at the beginning of the year in 2022. At a major press conference at the beginning of the year, good news about the Chinese automobile market was frequently reported. The Ministry of Industry and Information Technology and the China Automobile Association not only brought good news and described good prospects for the development of the automobile industry, but also revealed that they "intend to do so" in the new year. On January 12, 2022, a press conference on the development of the automobile industry in 2021 was held in Beijing. "View details
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