Weekly view: Silicone prices are low, and negative materials are stable


1) Anode material: This week, the anode material market remained stable. In terms of raw materials, the raw material reserve work of large and medium-sized anode materials companies has basically ended, and the recent purchases have decreased. In the short-term, most enterprises will enter the year-end stocking stage and will cooperate with downstream lithium battery companies. At the same time, large enterprises actively carry out raw material reserves and bring profit space for negative materials. In the long run, domestic graphitization capacity supply will become more relaxed, and the graphitization capacity in southwest and north will expand significantly. It is expected that the graphitization processing cost will be loosened, further reducing the production cost of anode materials enterprises. 2) Silicone: The price of silicones continued to be weak this week. The mainstream product DMC mainstream price is 18000-18500 yuan / ton, the actual transaction price is 17500-18000 yuan / ton. Since mid-December, the operating rate of enterprises has increased, and the company has stepped up its stocking in response to the Spring Festival. The current downstream demand has not improved. The stocking of goods has gradually come to an end before the beginning of the next week. The logistics will be phased out after the next week, and the market trading atmosphere is light.


Market performance


This week, the Shanghai and Shenzhen 300 Index rose 2.37%, and the Chuancai Non-Metal Materials Index rose 1.66%, ranking 22nd out of 29 industries. Internally, the phosphorus chemical, silicone and nylon sectors were among the top gainers, while the potash, civilian explosives and resin sectors were among the top losers. The top three listed companies were: Silicon Bao Technology (21.27%), *ST Tianhua (15.06%), Chuanheng (13.67%); the top three listed companies were: Kang Dexin (-18.60%) ), Xuefeng Technology (-9.79%), Sanju Environmental Protection (-7.67%).


  Industry News


Sinochem International acquires European plastics producer (Sinhua New Network);


Nylon enters Henan's top ten emerging industries (Sinhua New Network);


Nearly 30 companies have formed the end of the plastic waste alliance, and have committed to invest 1 billion US dollars (Sinochem New Network);


LANXESS 200 million euros invested in the flame retardant business (Sinhua New Network);


France started glyphosate “cleaning” and the first glyphosate herbicide was banned (World Agrochemical Network);


Argentina will ban the production and use of 2,4-D butyl ester herbicides (World Agrochemical Network);


Hainan Province has completed the goal of reducing fertilizer and pesticides ahead of schedule (World Agrochemical Network).


Company News


Zongge Holdings (000408): The company recently received a notice from its subsidiary, Golmud Tibetan Lithium Industry Co., Ltd., and learned that the first phase of the annual production of 20,000 tons of lithium carbonate project in Tibet Li (the annual output of 10,000 tons of lithium carbonate) has been It was successfully completed and put into production in recent days, and the first batch of products have all passed the battery level standard after being inspected by authoritative departments. The project adopts the adsorption method to extract lithium---reverse osmosis concentrated nanofiltration to remove impurities---MVR concentration---sodium carbonate precipitation process, the adsorption section adopts domestic new adsorbent and simulated continuous adsorption process, nanofiltration and impurity removal The application of osmosis and MVR concentrating not only ensures product quality but also greatly reduces energy consumption. In particular, the first application of membrane boron removal technology completely solves the problem of high boron content in salt lake lithium products. The commissioning of the project marks the official entry of the company into the lithium raw material production industry, which has positive driving significance for the company's development, is conducive to further improve the company's business layout, improve the company's core competitiveness, and enhance the company's profitability and profit growth stability.