Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The copper market shows a stable upward trend with a slight increase in prices and a notable rise in production rates for various types of copper [14] - The aluminum market is stabilizing at the bottom, with slight increases in production and inventory levels [15] - The gold market maintains high attractiveness due to international geopolitical tensions, enhancing its appeal as a safe-haven asset [16] - The rare earth sector is expected to see price increases due to supply constraints and regulatory changes, benefiting leading companies in the field [34] - The antimony market is stabilizing with expectations of price recovery driven by export improvements and domestic production cuts [37] - The molybdenum market remains bullish due to low inventory levels and strong demand from the steel industry [38] - The tin market is experiencing upward momentum supported by strong inventory levels and improving macroeconomic conditions [39] Summary by Sections 1. Base and Precious Metals Market Overview - Copper prices increased by 1.40% to $9,768.00 per ton on LME, with a notable rise in production rates [14] - Aluminum prices rose by 1.69% to $2,615.00 per ton on LME, with stable inventory levels [15] - Gold prices increased by 0.86% to $3,458.20 per ounce, driven by geopolitical factors [16] 2. Base and Precious Metals Fundamental Updates 2.1 Copper - The copper processing fee index rose to $38.06 per ton, with a significant increase in production rates across various sectors [14] 2.2 Aluminum - The operating capacity of alumina increased to 82.57%, reflecting recovery from maintenance [15] 2.3 Precious Metals - Gold holdings in SPDR increased by 4.84 tons, indicating strong demand [16] 3. Minor Metals and Rare Earth Market Overview - The rare earth market is expected to see price increases due to supply constraints and regulatory changes [34] - The antimony market is stabilizing with expectations of price recovery driven by export improvements [37] - The molybdenum market remains bullish due to low inventory levels and strong demand [38] 4. Minor Metals and Rare Earth Fundamental Updates 4.1 Rare Earth - Prices for praseodymium and neodymium oxide decreased by 1.84%, but supply constraints are expected to drive future price increases [34] 4.2 Antimony - Antimony prices remain stable, with expectations of recovery due to improved export conditions [37] 4.3 Molybdenum - Molybdenum prices are expected to rise due to low inventory and strong demand from the steel industry [38] 4.4 Tin - Tin prices increased by 1.61%, supported by strong inventory levels and improving demand conditions [39]

中证网讯 消费旺季，叠加反内卷之风吹到了战略资源领域，让稀有金属板块本周持续走高。同花顺 （300033）iFinD数据显示，截至8月8日收盘，中证稀有金属主题指数和中证稀土产业指数周涨幅分别 达5.13%、5.43%，跟踪这两只指数的稀有金属ETF（562800）和稀土ETF嘉实（516150）周涨幅均达 5.48%，各自在同标的产品中排名第一。其中稀有金属ETF（562800）本周收获5连涨，周成交额3.46亿 元；稀土ETF嘉实（516150）本周成交额超16亿元，日均成交额3.22亿元，居同类之首。 而稀有金属ETF（562800）跟踪的中证稀有金属主题指数，覆盖更广泛的稀有金属领域，如锂、钴、镍 等，分布更为多元。截至7月31日，中证稀有金属主题指数前十大权重股分别为北方稀土、盐湖股份 （000792）、洛阳钼业（603993）、华友钴业（603799）、赣锋锂业（002460）、天齐锂业 （002466）、中国稀土、盛和资源、中矿资源（002738）、西部超导，前十大权重股合计占比 55.85%。 看好稀有金属或稀土板块的投资者，可根据自身投资需求选择相应的ETF进行配置。（王宇露） 拉长时间看流 ...

Group 1: Market Overview - The price of praseodymium and neodymium oxide increased to 513,200 CNY/ton, a week-on-week rise of 7.23% [1][5] - LME copper price rose by 0.02% to 9,796.00 USD/ton, while Shanghai copper increased by 1.07% to 79,300 CNY/ton [2] - LME aluminum price decreased by 0.27% to 2,631.00 USD/ton, while Shanghai aluminum rose by 1.22% to 20,800 CNY/ton [3] Group 2: Supply and Demand Dynamics - Supply expectations for strategic resources are strengthening, with a potential recovery in exports [1][5] - Domestic electrolytic aluminum ingot inventory increased to 510,000 tons, indicating a supply surplus [3] - The operating rate of brass rod enterprises decreased by 0.32 percentage points to 49.32%, primarily due to weak demand [2] Group 3: Policy and Regulatory Impact - The implementation of new management regulations is expected to benefit leading state-owned enterprises, potentially leading to performance and valuation increases in the sector [1][5] - The introduction of mandatory 3C certification for flame-retardant wires and cables starting July 1 may boost demand for antimony [5] Group 4: Price Trends and Forecasts - The price of lithium carbonate increased by 7.64% to 70,200 CNY/ton, while lithium hydroxide rose by 4.18% to 65,200 CNY/ton [6] - Antimony prices are expected to rebound due to reduced domestic smelting capacity and improved export expectations [5] - Molybdenum prices are anticipated to rise as supply constraints emerge from a recent mining accident [6]