First, non-ferrous metals market review

Benefit from the China and European economic data and influence, non-ferrous metal prices rose. LME copper last week adjusted slightly, this week because of overseas large mine strike and economic data is getting better, the price rose more than 5%. LME nickel affected by the impact of foreign mines continue to rise 4.25%! LME aluminum lead and zinc is due to strong environmental monitoring normalization and supply side reforms are expected to rise in varying degrees 2-4.6%. Small cobalt metal benefited from the spring peak demand season, the continuation of the previous strong; rare earth poised in black and storage under the double stimulation of momentum, prices for the three consecutive day rise, mainstream products rose 3-4%. Magnesium benefited from the automotive and 3C lightweight, strong downstream demand, prices rose significantly.

Colored plates Rose Center, outperforming the Shanghai and Shenzhen gem. Sub plate, tungsten, lead and zinc and magnetic materials gainers. The tungsten plate due to the listing of new shares to pull, lead and zinc plates benefit from the results of cash, magnetic materials sector to benefit from new energy vehicles to keep the boom and rare earth compensatory growth, absolute returns significantly.

Gainers stocks are mainly time shares and infrastructure investment expectations of the Xinjiang plate, therefore, and wins Xianglu tungsten shares, three auspicious new material and Xinjiang public and gainers!

Potential opportunities: new military materials, we believe that with the integration of military and civilian and national reform policies to promote the field of new materials, the military will usher in investment opportunities; especially some performance inflection point has occurred, a huge space for enterprises to improve performance. We strongly recommend that the two areas of concern and high temperature titanium alloy; high temperature alloy steel and Fushun Steel Research Gaona, titanium materials and recommended western baotaigufen.

Two, basic metal and small metal prices as well as the availability of statistical inventory changes (LME and domestic futures inventory total)

Core conclusions:

The domestic and foreign economic data, the dollar index rose consolidation; basic metal. Cobalt metal prices continued to rise small, rare earth began continuous small Buzhang, magnesium and titanium benefit to improve the supply and demand pattern and the demand for the better prices rose significantly.

Lead stocks rose slightly, inventories remain high; copper stocks jumped sharply, at a high level; Ni (inventory decline), aluminum (stock prices), zinc (stock prices) base is relatively low; tin stock fell but is still relatively high.