Core conclusion
The price of iron phosphate rose slightly: the price of lithium iron phosphate this week was 168000 yuan / ton, the same as last week; The price of iron phosphate was 24000 yuan / ton, a month on month increase of + 2.4%. On the supply side, the output increased slightly this week. Lithium iron phosphate manufacturers started full production, and the supply tension is still difficult to change. The market expansion plan continues to increase and is expected to be released at the end of this year or early next year. On the demand side, the demand for new energy vehicles continues to increase. On March 8, the Ministry of industry and information technology issued the catalogue of recommended models for the promotion and application of new energy vehicles (the second batch in 2022), and a total of 28 new energy passenger vehicles were selected. Among them, there are 21 LFP battery models, accounting for 75%. It is suggested to pay attention to phosphorus chemical enterprises extending to new energy industry, Yunnan Yuntianhua Co.Ltd(600096) , Hubei Yihua Chemical Industry Co.Ltd(000422) , Hubei Xingfa Chemicals Group Co.Ltd(600141) .
Yunnan Yuntianhua Co.Ltd(600096) united with Yuxi Municipal government, Eve Energy Co.Ltd(300014) , Yunnan Energy New Material Co.Ltd(002812) and Huayou holdings to enter clay lithium ore and lithium battery materials. On February 16, Yunnan Yuntianhua Co.Ltd(600096) announced the establishment of two joint ventures with Yuxi Municipal People’s government, Yunnan Energy New Material Co.Ltd(002812) , Eve Energy Co.Ltd(300014) and Huayou holdings in Yuxi City. The specific cooperation includes: 1) joint development of clay lithium mine; 2) investment of about 51.7 billion in the construction of new energy battery, lithium battery isolation membrane, iron phosphate, lithium iron phosphate, copper foil and other battery supporting projects, which will be completed by 2023, 2025 and 2030 respectively. This cooperation combines phosphate rock, lithium battery, diaphragm and cathode enterprises. The entry of upstream and downstream roles will provide strong resource support and technical support for the implementation of the project, which is expected to become the long-term development trend of lithium battery industry.
The price of recycled plastic r-PET soared. According to the statistics of S & pgglobal, the price of recycled transparent PET sheet in Asia reached US $945 / MT on March 18, an increase of 2.2% over last week. At present, many enterprises around the world have increased the size of the RPET production line, but it is still difficult to alleviate the imbalance between supply and demand in the short term. The continuous increase of the EU plastic restriction order has exacerbated the inversion of the price of recycled materials to the price of raw materials.
It is suggested to pay attention to Shandong Intco Recycling Resources Co.Ltd(688087) .
This week’s special recommendation: biodiesel gutter oil turns into green energy and double emission reduction is popular. Biodiesel gutter oil turns into green energy and double emission reduction is popular. Biodiesel is an alternative to petroleum based diesel and is internationally recognized as a renewable and clean energy. In terms of raw material composition, the main raw material for biodiesel production in the world is soybean oil, accounting for about 67%; Followed by corn oil and rapeseed oil. Restricted by the national grain strategy, China mainly produces biodiesel from non grain raw materials such as catering waste oil (ucome). Biodiesel with waste oil as raw material basically does not emit additional carbon in the process of raw material acquisition and production, and the emission reduction ratio is up to 88%. According to the data of the General Administration of customs, from 2014 to 2020, the export volume and export amount of biodiesel products in China increased steadily, with CAGR of 86.1% and 88% respectively. Suggestions: Zhuoyue Xinneng ( Longyan Zhuoyue New Energy Co.Ltd(688196) . SH), Zhejiang Jiaao Enprotech Stock Co.Ltd(603822) ( Zhejiang Jiaao Enprotech Stock Co.Ltd(603822) . SH), Bece Legend Group Co.Ltd(000803) ( Bece Legend Group Co.Ltd(000803) . SZ).
Risk warning: the implementation of relevant policies is not as expected.
