Summary of important non-ferrous information | PMI interpretation of metal downstream industry * Lithium carbonate price rose by about 30% in the fourth quarter * rare earths were on the strong side at the end of the year.

Metal news

SMM Analysis: why does the export growth record again and again under the sharp appreciation of the RMB?

[SMM Summary] the Great event of the Copper Market in 2020

[SMM Analysis] in December, the PMI of copper downstream industry is expected to fall below 50 in January compared with the previous month.

Copper cable start-up rate is declining in December. [SMM analysis]

The Democratic Republic of the Congo (DRC) has become the second largest source of copper imports in China, and unregistered non-standard goods have flooded into the market.

Copper inventory in Shanghai bonded warehouse increased by 13500 tons this week. [SMM bonded warehouse inventory]

Stocks in the mainstream copper market across the country increased by 300 tons month-on-month this week [SMM data]

[scrap Copper Daily Review] the import of recycled copper is subject to the risk of being returned and the import level is restrained to a certain extent.

Review of Major events in Aluminum Industry in 2020 [SMM inventory]

[SMM Aluminum downstream Weekly Survey] the impact of all kinds of production restrictions is expanded and superimposed. At the end of the year, the start-up of enterprise settlement and processing enterprises dropped slightly.

[SMM Analysis] what is the impact of the restoration of MFN tariffs on the aluminum industry by solid waste imports?

[national Aluminum Bar inventory Weekly Review] inventory continued to drop out of the warehouse to increase aluminum rod inventory by 1500 tons to 70900 tons compared with last Thursday.

Overseas SMM Alumina Weekly Review: overseas maintains a small rise pattern and domestic quotation performance stagnates again after rising performance.

Weekly Review of SMM Aluminum Accessories (2020.12.28-12.31)

The price of aluminum continues to weaken and the price of waste aluminum remains stable.

ADC12 Price Daily Review] Aluminum prices continue to fall, low-end recycled aluminum holders continue to panic

[SMM caustic soda weekly review] the shipment is not smooth and the domestic caustic soda market is in the doldrums.

[SMM Analysis] the new expansion is huge! Carding the output of recycled lead in 2020

[SMM investigation] lead-acid battery enterprises have stable production at the end of the year and New Year's Day seldom has a holiday.

[SMM data] there is a regional shortage of recycled lead. Social inventory of lead ingots continues to decline.

[SMM investigation] the weekly operating rate of refinery production reduction of recycled lead has decreased slightly.

Chronicle of the Zinc Industry 2020 Chronicle of the Zinc Industry | several zinc mines stop production and zinc-related industry standards issue zinc options to be listed.

The order of galvanized plate is weak and die-casting plate still has toughness. [SMM investigation]

The export volume of galvanized sheet coil decreased from January to November compared with the same period last year, and is expected to increase in December compared with the same period last year.

The stock of SMM zinc ingots in Seven places decreased by 1500 tons compared with last Friday. [SMM data]

2020 Chronicle of the Tin Industry | overseas mine shutdown, smelter maintenance, import tax rate analysis.

Tin price is mainly supported by tight supply: can it be improved before the Spring Festival?

[SMM survey] the final value of the PMI composite index of the nickel downstream industry in December was 51.11% higher than that in November by 1.55 percentage points and returned to above the rise and fall line.

Chronicle of 2020 Nickel Industry Chronicle | New deal of Indo-Philippine Mining, Mine shutdown, New capacity expansion ….

Li [Weekly Review of laterite Nickel Trading] imports of laterite nickel ores have obviously declined and transactions in double weak markets are rare.

Li [Nickel Pig Iron Trading Weekly Review] the transaction price of large quantities of purchases by South China Steel works before the end of the year is still the same as the market price.

SMM [Nickel Social inventory] Nickel Board Nickel beans are coming out of the warehouse one after another during the holidays. Domestic social inventory has dropped to a new low.

[Port Nickel Mine inventory] Port Nickel Mine inventory increased by 40, 000 wet tons this week. New Year's Day was more active in picking up and arriving goods in the last week.

Stainless steel stocks fell sharply by 174400 tons to 640000 tons in December.

Chronicle of 2020 stainless Steel Chronicle | Anti-dumping investigation, commissioning of new projects, merger and reorganization.

"[SMM analysis] is very popular! The terminal demand is exuberant, the enterprise scrambles to increase the new production capacity, the price of lithium iron phosphate will fly higher?

[annual Review] the permeability of new energy vehicles continues to increase, and the giants of the lithium industry accelerate the layout of lithium salt projects.

[SMM outlook] the price of battery-grade lithium carbonate soared by 17% in December. Can the price continue to be strong under the overhaul of big factories in the first quarter?

Cobalt stocks are higher. Cobalt prices rise or continue in the first quarter.

[SMM Analysis] the price of Q4 Lithium Carbonate increases by about 30% in the new energy industry.

There has been a change in the new energy car purchase policy: 20% of the purchase subsidy has gone downhill in 2021 to replace the car test standard.

The hot volume inventory of SMM has ended 11 consecutive declines, and the support of short-term volume prices has gradually loosened.

[SMM Hot Rolling Weekly] Happy New year 2021 hot rolls may get off to a good start!

Seasonal weakening of demand and obvious inventory inflection point may appear in the near future. [SMM analysis]

Spot Index report of MMi Iron Ore Port (31st)

[SMM analysis] the supply of heavy rare earths in the strong operation of rare earths at the end of the year is tight.

Selected SMM Weekly report

China Copper Weekly (20201231)

[selected SMM Weekly] consumption heat may reappear after the festival. Aluminum price is expected to decline first and then rise later.

[SMM Weekly report] Renewal supply is tight to support prices, but consumption month-on-month growth pressure is high and lead prices are expected to fluctuate.

China lead Weekly

China Nickel-Chromium stainless Steel Industry chain Weekly report

SMM Weekly report selected] domestic ore processing fees fall again, shortage of ore will support zinc price

December 31 SMM China Tin Market Weekly report

China Iron Ore Weekly

China Electrolytic Manganese Industry chain Weekly report

[SMM Cobalt Lithium spot Weekly report (1228-1231)] there is still room for iron and lithium demand or higher-than-expected lithium prices next year.

SMM China rare Earth Market Weekly report on December 31

[important] SMM metal price members to achieve accurate customized enterprise settlement is indispensable!