The lithium carbonate market is stable with an upward trend, and institutions predict that the inflection point of lithium salt inventory is about to come.
shanghai ganglian e-commerce holdings data shows that on November 1st, the price of lithium carbonate rose by 1000 yuan compared to the previous day, with an average price of 0.074 million yuan/ton. According to the Business Society, the lithium carbonate market has shown a stable and rising trend recently, mainly due to the increased purchasing willingness of downstream customers.
Q3 non-GAAP net profit turned from profit to loss quarter-on-quarter, sinomine resource group's performance "changes color" | interpretations
① Sinomine Resource Group's Q3 non-net income turned from profit to loss; ② Industry insiders analyze that after the bottoming out of lithium carbonate prices in the third quarter, stabilizing rebound is mainly related to the oversupply situation of lithium carbonate in July and August. It is expected that the price of lithium carbonate in the fourth quarter will continue to fluctuate weakly. The current psychological hedge price in the upstream is between 0.078 million-0.08 million yuan/ton. It is expected that the monthly supply of lithium carbonate will turn into surplus in December, and prices will continue to decline.
Germanium prices doubled this year with yunnan lincang xinyuan germanium industry's Q3 net income surpassing the total of the past decade. | Interpretations
1. yunnan lincang xinyuan germanium industry's net income in the first three quarters increased more than seven times year-on-year, and has already exceeded the total net income of the past ten years; 2. The price of germanium has nearly doubled within the year.
Tungsten prices rise, raw material costs under pressure, China Tungsten and Hightech Materials increase revenue but not profit in the first three quarters | Interpretations
①Affected by factors such as the rise in tungsten prices and pressure on raw materials, china tungsten and hightech materials did not increase revenue but failed to increase profits in the first three quarters. ②After the injection of tungsten mine resources from Shizhuyuan Mine into the company this year, it will alleviate the pressure of insufficient raw materials to a certain extent.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
The 'Golden September' market boost drives China Northern Rare Earth to raise the listing price in October! The industry is bullish on Q4 rare earth price rebound | Industry News
① Under the strong market trend of rare earth 'Golden September', the leading light rare earth company China Northern Rare Earth continued to maintain high listing prices in October, with the listing prices of multiple products increasing by over 3% compared to the previous month; ② China Northern Rare Earth stated that recent market demand has improved, with the company's upstream raw material production lines operating at full capacity; ③ Sinolink Securities' research report stated that Q4 is the peak season for the production and sales of electric vehicles throughout the year, and remains bullish on the Q4 rare earth price rebound.