On November 11, the rare earth index was 756 points, up 2 points from yesterday, down 24.40% from the highest point of 1000 points in the cycle (December 6, 2011), and up 178.97% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index continued to rise. The price of domestic light rare earth praseodymium neodymium series rose, the price of praseodymium neodymium oxide rose by 5000 yuan / ton to 79000 yuan / ton, the price of praseodymium neodymium metal rose by 12500 yuan / ton to 952500 yuan / ton, the price of praseodymium oxide rose by 2500 yuan / ton to 817500 yuan / ton, the price of metal praseodymium was 1.08 million yuan / ton, and the price of metal neodymium was 98000 yuan / ton, The price of dysprosium oxide is 3.045 million yuan / ton, the price of dysprosium ferroalloy is 3.01 million yuan / ton, the price of metal dysprosium increases by 35000 yuan / ton to 3.865 million yuan / ton, the price trend of domestic light rare earth market continues to rise, the recent procurement is general, the price of praseodymium neodymium series rises, the price of dysprosium Series in domestic heavy rare earth market rises recently, the price of terbium series rises sharply, the downstream procurement is mainly on demand, and Myanmar prohibits export, It is expected that the domestic rare earth market price may continue to rise in the later period.

On November 10, the domestic cobalt price rose

According to the data monitoring of business agency, the domestic cobalt price rose on November 10, and the cobalt market recovered. On November 10, the cobalt price was 423900.00 yuan / ton, an increase of 1.12% over the cobalt price of 419200.00 yuan / ton on the previous trading day (November 9).

Cobalt Market Analysis

Category specification minimum price Rise and fall Highest price Rise and fall Company

Standard grade cobalt twenty-eight point seven five zero point three five twenty-nine zero point one USD / lb

Alloy grade cobalt twenty-eight point seven five zero point three five twenty-nine zero point one USD / lb

Domestic cobalt salt prices rose slowly; The production and sales of new energy vehicles increased, the production and sales of ternary batteries increased significantly month on month, and the installed proportion of ternary batteries decreased month on month; New energy vehicle enterprises increase orders for lithium batteries, and ternary batteries are expected to break out in 22 years. Rising international cobalt prices; International electricity price and energy price rise, and cobalt mining and transportation costs rise; The rising momentum of cobalt market increased.

Market Overview

Bai Jiaxin, a data analyst of business society, believes that the supply and demand balance of cobalt market is still in progress, there is more rational investment in cobalt market, and there is no room for the sharp rise and fall of cobalt price. The sales volume of new energy vehicles is expected to break out in 22 years. Car enterprises Book lithium battery orders in advance, and the demand of cobalt market may break out in advance. The rising power of cobalt price is large, and the future cobalt price is expected to rise.

According to the data of business agency, on November 9, the average p value of oil-based ethylene glycol was 5700 yuan / ton, up 12.5 yuan / ton from yesterday.

In terms of units, Fujian United 400000 T / a ethylene glycol unit was shut down for maintenance on November 6, 2021, and the planned maintenance time is about 30 days. The commencement of Shanxi Meijin was delayed due to limited production. Anhui Haoyuan 300000 tons are expected to be discharged in mid November and Shenhua Yulin 400000 tons are expected to be discharged in late November, with limited short-term impact.

Crude oil remained stable, and the market was more optimistic about the fuel demand and economic development prospects. The domestic ethylene glycol start-up remained low, and the late arrival volume rose slightly compared with the previous period. Due to the recent changeable weather conditions, the unloading efficiency may be hindered to a certain extent, but the overall port inventory remained low. The downstream polyester demand slowly improved, and the operating rate increased slightly. Overall, the fundamentals are sound.

Forecast: shock finishing.

1、 Trend analysis

According to the nickel price monitoring of business society, on the 8th, the spot nickel price rose slightly, with the quotation of 144150 yuan / ton, a slight increase of 0.17% compared with the previous trading day, 12.5% compared with the beginning of the year and 20.8% year-on-year. Today, the main Shanghai nickel opened at 142570 yuan. After opening, the trend of Shanghai nickel remained high and volatile, closing at 141430 yuan at the lowest, and closing at 142740 yuan at the end, up 0.97%. Today, the trend of nickel in LME3 was volatile and weak, closing at US $19250 at the deadline, down 0.95%.

Beautiful employment data in the United States improved market sentiment, and lunni closed up 1.30% the next week. Russia’s norrisk nickel industry increased its premium on Chinese nickel plates. The global nickel inventory as a whole is low and continues to be destocked, and the nickel fundamentals are still supported. The downstream receives an appropriate amount of goods on demand. At present, the delivery and trading is OK, and the actual transaction situation is general. Nickel is expected to maintain a broad shock trend in the short term.

Trade name: titanium concentrate

Latest price November 4: 2325 yuan / ton

Key points of analysis: on November 4, the market price of domestic titanium concentrate was relatively stable, the operating rate of downstream titanium dioxide plant decreased, the overall demand for titanium concentrate contracted slightly, the demand for titanium ore market weakened, and the wait-and-see mood was strong.

Forecast: the price of titanium concentrate will remain stable in the short term.