金属新材料高频数据周报：铱价格创近10个月新高，多晶硅价格创2014年以来新低-20250625

Investment Rating - The report maintains an "Overweight" rating for the non-ferrous metals sector [5] Core Insights - The report highlights the recent price trends in various new materials, indicating a mixed performance across sectors, with some materials experiencing price stability while others see declines [4][9] - The lithium price has dropped to around 60,000 yuan per ton, suggesting potential accelerated capacity clearance in the lithium mining sector [4] - The report suggests focusing on companies with cost advantages and resource expansion potential in the lithium mining sector, as well as those in the cobalt and tungsten sectors [4] Summary by Relevant Sections Military New Materials - Electrolytic cobalt price remains stable at 236,000 yuan per ton, with a price ratio of electrolytic cobalt to cobalt powder at 0.93, indicating a slight increase of 0.1% [9][10] - Carbon fiber price is stable at 83.8 yuan per kilogram, with a negative gross profit margin of 8.56 yuan per kilogram [21] - Beryllium price remains unchanged [20] New Energy Vehicle Materials - Lithium hydroxide price has decreased, with Li2O 5% lithium concentrate at 540 USD per ton, down 0.92% [23] - Prices for battery-grade lithium hydroxide and other lithium materials show mixed trends, with battery-grade lithium hydroxide at 59,600 yuan per ton, down 2.3% [28] - Cobalt sulfate price remains stable at 47,700 yuan per ton [37] Photovoltaic New Materials - Photovoltaic-grade polysilicon price has decreased to 4.25 USD per kilogram, down 0.7% [2] - EVA price remains stable at 10,450 yuan per ton, maintaining a high level since 2013 [2] Nuclear Power New Materials - Uranium price has increased to 57.31 USD per pound, up 8.8% [2] Consumer Electronics New Materials - High-purity gallium price has decreased to 1,865 yuan per kilogram, down 0.5% [3] - The price of silicon carbide remains stable at 5,600 yuan per ton [3] Investment Recommendations - The report recommends focusing on companies in the lithium sector with cost advantages and resource expansion potential, such as Salt Lake Co., Zangge Mining, and Tianqi Lithium [4] - It also suggests monitoring companies in the cobalt sector, particularly Huayou Cobalt, due to the extension of the cobalt export ban in the Democratic Republic of Congo [4] - In the tungsten sector, companies like Zhangyuan Tungsten and Zhongtung High-tech are highlighted due to high tungsten prices [4]