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On December 9, 2021, the Shanghai Composite Index closed at 3673.04 points, up 0.98%; Shenzhen composite index closed at 15147.87 points, up 1.23%; The power equipment and new energy index closed at 14301.48 points, down 0.61%. The wind primary material index closed at 6512.65 points, down 0.11%. Among them, the top three companies in the mining industry are: Hainan Mining Co.Ltd(601969) (601969. Sh, 10.01%), power investment energy (002128. SZ, 7.68%), St Pingneng (000780. SZ, 5.02%). The top three companies in the non-ferrous metal industry are: Baiyin Nonferrous Group Co.Ltd(601212) (601212. Sh, 10.1%), Ningxia Orient Tantalum Industry Co.Ltd(000962) (000962. SZ, 10%), Shenzhen Sunxing Light Alloys Materials Co.Ltd(603978) (603978. Sh, 5.83%).
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Today, the price of some lithium battery materials rose again. The quotation of metal lithium is 1105000-1205000 yuan / ton, with an average price of 1155000 yuan / ton, an increase of 20000 yuan / ton compared with yesterday. The tight supply and demand of metal lithium continued. In terms of supply, due to the maintenance of large lithium salt plants, the lithium supply is significantly reduced, superimposed with the impact of climate, and the supply of Qinghai Salt Lake is limited in winter. In terms of demand, the terminal demand continues to increase, the capacity of photovoltaic and lithium battery businesses of many enterprises is expanding rapidly, and the downstream inquiry and procurement are active. In addition, the new year is approaching, and the positive material manufacturers’ mood for goods preparation is aggravated. Lithium prices are expected to run at a high level in the short term, and the increase is expected to increase. In terms of import, overseas gradually enter the New Year holiday, and the port shipping schedule may be postponed, resulting in a gap in market supply. The market demand is strong, and the lithium price may continue to rise. It is recommended to pay attention to the following related subjects: Ganfeng Lithium Co.Ltd(002460) , Zhejiang Huayou Cobalt Co.Ltd(603799) , Hengdian Group Dmegc Magnetics Co.Ltd(002056) .
Industry dynamics
1. In order to implement the relevant requirements and continue to do a good job in the prevention and control of air pollution in autumn and winter, the Ministry of ecology and environment issued the plan for comprehensive treatment of air pollution in autumn and winter from 2021 to 2022. In terms of implementation scope, considering the atmospheric environment conditions and regional transmission impact in autumn and winter, the key areas to be tackled in autumn and winter from 2021 to 2022 include northern Hebei, northern Shanxi, Eastern and southern Shandong and southern Henan on the basis of “2 + 26” cities in Beijing, Tianjin, Hebei and surrounding areas and Fenwei plain cities. （ Mysteel）
2. Recently, Zhongyuan Oilfield has actively carried out the closing and starting 100 day safety activity with the theme of “pushing the system and tamping the foundation”, accelerated the operation of potential safety and environmental protection projects, used advanced safety and environmental protection technology to treat the sewage and waste gas generated by oil and gas, strictly prevented pollution, strengthened air pollution prevention, and ensured the “double festival” of new year’s day and Spring Festival, the “two sessions” of the country The safety and environmental protection situation at the Winter Olympic Games and at the end of the year remained stable. (Petrochemical News Network)
Company dynamics
St Pingneng (000780): on December 8, Longyuan Power received the reply on Approving the application of Longyuan Power Group Co., Ltd. for share issuance, absorption and merger Inner Mongolia Pingzhuang Energy Resources Co.Ltd(000780) from China Securities Regulatory Commission. Liaoning Energy Industry Co.Ltd(600758) (600758): on December 8, the board meeting of the company deliberated and approved the proposal on the acquisition of 100% equity and related party transactions of Husheng mining by Shenyang coking coal, a subsidiary of the company. Shenyang coking coal plans to pay cash to purchase 100% equity of Husheng mining held by Shenyang Coal Group.
Risk tip: industry competition intensifies and the macro economy is less than expected.
