An introduction to this reportNftgamesearnmoneyThe downstream material factory has a strong wait-and-see mentality, the stock is basically completed before the festival, the game between supply and demand continues, and the transaction of bulk orders is less. Abstract: periodic research: the rating of increasing holdings in lithium and cobalt industries. Lithium plate: upstream lithium supply resumes, manufacturers are willing to sell price loosely, downstream material factories have a strong wait-and-see mentality, pre-festival stock preparation is basically completed, lithium prices decline slightly. 1) Wuxi 2406 contract increases by 1.Nftgamesearnmoney.86% to 109500 yuan / ton; Guangzhou Stock Exchange 2408 contract rose 2.34% to 11.15 million yuan / ton; 2) Lithium concentrate: the price of Shanghai Nonferrous net lithium concentrate was 1133 US dollars / ton, unchanged from the previous month. As the competition among battery manufacturers intensifies, the pressure of cost reduction to the upstream transmission creates pressure on lithium prices, but the demand of terminal markets such as new energy vehicles provides cost support. Increasing holdings: Yongxing Materials, Ganfeng Lithium Industry, Tianqi Lithium Industry, Rongjie shares, Shengxin Lithium Energy, Zangge Mining. Benefits: China Mineral Resources, Xizang Mining, Jiangte Motor, Salt Lake shares, Tianhua Xinneng, Koda Manufacturing, Xizang Everest, Sichuan Power. Cobalt plate: the willingness to purchase downstream is weakened, the wait-and-see mood is strong, and the rising power of cobalt salt is insufficient. The cobalt company extends to the new downstream manufacturing industry, which forms the integrated cost advantage of cobalt-nickel-precursor-ternary, and strengthens the competition barrier. Benefits: Huayou Cobalt Industry, Hanrui Cobalt Industry, Luoyang Molybdenum Industry, Greenmei. At the end of pre-holiday stock preparation, lithium prices fluctuated: spot lithium prices fell slightly last week, and futures fluctuated weakly and steadily. In terms of lithium ore, the spot price of lithium ore in China remained stable last week, and at present, some holders of lithium ore have slightly loosened their psychology of selling up-price; while affected by the weakening price of lithium salt downstream, the demand side has limited willingness to accept high-priced lithium ore, and the market transaction is dominated by long orders, and the game between supply and demand is high. In terms of lithium salt, the impact of environmental protection has gradually faded and the price of lithium salt has warmed up, the operating rate of lithium salt factories in Jiangxi has increased, the domestic lithium salt supply has gradually increased since late March, and there is also a significant increase in overseas imports. But at present, most lithium salt factories continue to raise prices and hesitate to sell goods. While the demand side downstream pre-festival replenishment stock is basically completed, the overall market spot bulk order inquiry atmosphere is more insipid than before. The supply and demand game between upstream and downstream continues, and spot lithium prices fluctuate in a narrow range. Last week, the price of battery-grade lithium carbonate was 1095-11.30 million yuan per ton, down 0.31% from the previous week, according to SMM. The price of battery-grade lithium hydroxide (coarse particles) is 9.91-10.17 million yuan per ton, with an average price increase of 0.05% over the previous week. Electric cobalt narrow range down, cobalt salt weak and stable operation: electric cobalt, the foreign market demand is relatively flat, overseas MB standard cobalt prices rise and fall mixed; the domestic market terminal demand is stable, manufacturers and traders quote cautiously, the focus of transaction enters the decline. In terms of cobalt salt, the purchasing willingness downstream of the demand side has weakened, the wait-and-see mood is strong, the rising power of cobalt salt is insufficient, the stalemate between buyers and sellers continues, and the price of cobalt salt is weak and stable. According to SMM data, the price of electrolytic cobalt last week was 19.3-248,000 yuan per ton, down 1.42% from the previous week. Weekly average price of cathode materials decreased: according to SMM data, the price of lithium iron phosphate last week was 4.3-44200 yuan / ton, which was 0.27% lower than that of the previous week. The price of ternary material 622 is 12.08-135600 yuan / ton, which is 0.11% lower than that of the previous week. Risk hint: the growth rate of new energy vehicles is not as fast as expected. [disclaimer] this article only represents the views of a third party and does not represent the position of Hexun. Investors operate accordingly, at their own risk.

[disclaimer] this article only represents the views of a third party and does not represent the position of Hexun. Investors operate accordingly, at their own risk.