——金属新材料高频数据周报（20260202-20260208）：铼粉价格连续2个月上涨-20260209

Investment Rating - The report maintains an "Overweight" rating for the non-ferrous metals sector [5] Core Insights - The report highlights a continuous increase in the price of rhenium powder over the past two months, while prices for various materials in the military, new energy vehicles, and photovoltaic sectors have shown mixed trends [1][2][3][4] Summary by Relevant Sections Military New Materials - Electrolytic cobalt price decreased to 420,000 CNY/ton, down 5.2% week-on-week, with a price ratio of electrolytic cobalt to cobalt powder at 0.73 [1][9] - Carbon fiber price remained stable at 83.8 CNY/kg, with a gross profit of -9.19 CNY/kg [20] New Energy Vehicle Materials - Lithium hydroxide and carbonate prices fell to 132,500 CNY/ton and 134,400 CNY/ton respectively, with decreases of 16.2% and 16.1% [1][31] - Sulfuric cobalt price remained unchanged at 95,300 CNY/ton [1][40] - Phosphate lithium and 523-type cathode material prices were 52,400 CNY/ton and 180,000 CNY/ton, with a decrease of 3.5% for the latter [1][44] Photovoltaic New Materials - Photovoltaic-grade polysilicon price dropped to 6.19 USD/kg, down 6.5% [2] - EVA price remained stable at 9,650 CNY/ton, at a low level since 2013 [2] Recommendations - The report suggests focusing on the non-ferrous metal materials sector, particularly on companies with cost advantages and resource expansion potential, such as Salt Lake Co., Zangge Mining, and Tianqi Lithium [4] - It also recommends monitoring cobalt-related companies like Huayou Cobalt and tungsten companies such as Zhangyuan Tungsten [4]