Kev Tshawb Fawb Txog Kev Lag Luam ntawm Cov Ntsiab Lus Qhia Txog Kab

Kev ua lag luam cov khoom siv tsis muaj kab tseem pheej qhia txog tus nqi khoom siv raw siab, kev thov rov qab tsis sib xws, thiab kev yuav khoom ceev faj dav dav hauv lub lim tiam kawg ntawm lub Tsib Hlis 2026. Cov hlau tsis yog hlau tau dhau los ua qhov tsis ruaj khov vim yog kev cia siab ntawm tus nqi paj laum macroeconomic thiab kev xav ntawm kev ua lag luam txawv teb chaws. Hauv qab no yog kev tshuaj xyuas ntxaws ntxaws ntawm cov khoom siv tsis muaj kab tseem ceeb los ntawm cov khoom siv raw mus rau qhov kev cia siab, pab cov chaw tsim khoom noj khoom haus thiab cov pab pawg yuav khoom txiav txim siab tau zoo.

Kev Saib Xyuas Kev Lag Luam Tag Nrho rau Lub Rau Hli-Lub Xya Hli 2026
Kev ua lag luam cov khoom siv tsis muaj teeb meem hauv lub Rau Hli thiab Lub Xya Hli yuav tseem yog "kev ua lag luam uas muaj tus nqi siab thiab tsis ruaj khov."

Zinc sulfatethiabtooj liab sulfate(khi ze rau cov hlau uas tsis yog ferrous) yuav qhia txog kev hloov pauv ntau dua.

Manganese sulfate, hlau sulfate, thiab calcium formate (txhawb nqa los ntawm kev muab khoom nruj) tseem muaj peev xwm rau kev hloov pauv ntawm tus nqi.

Cov neeg yuav khoom tom qab yuav txuas ntxiv mus yuav khoom ceev faj raws li qhov xav tau. Kev lag luam dav dav tsis zoo li yuav nce ntxiv, tab sis cov khoom lag luam ib feem yuav pom kev nce ntxiv sai vim muaj kev tsis txaus ntawm cov khoom.

I. Kev Tshawb Fawb Txog Cov Hlau Uas Tsis Yog Hlau

⇋ Txhua lub lim tiam

⇋ Txhua hli

	Chav	Lub Limtiam 2 ntawm lub Tsib Hlis	Lub Limtiam 3 ntawm lub Tsib Hlis	Kev Hloov Pauv Txhua Lub Limtiam	Tus nqi nruab nrab ntawm lub Plaub Hlis	Tus nqi nruab nrab ntawm lub Tsib Hlis mus txog 22	Kev Hloov Pauv Txhua Hli	Tus nqi tam sim no txij li lub Tsib Hlis 26
Kev Lag Luam Hlau Shanghai # Zinc ingots	Yuan/tuj	24474	24564	↑90	23727	24415	↑688	24760
Kev Lag Luam Hlau Shanghai # Tooj Liab Electrolytic	Yuan/tuj	106490	104234	↓2256	100316	104752	↑4436	104740
Shanghai Metals AustraliaMn46% manganese ore	Yuan/tuj	37.90	37.6	↓0.3	45.09	37.95	↓7.14	44.25
Cov nqi iodine refined uas xa tawm los ntawm cov koom haum lag luam	Yuan/tuj	635000	635000	-	635000	635000	-	635000
Shanghai Metals Lag Luam Cobalt Chloride (co≥24.2%)	Yuan/tuj	115500	114950	↓550	115531	115273	↓258	113
Kev Lag Luam Hlau Shanghai Selenium Dioxide	Yuan/kilogram	172.5	172.5	-	172.50	172.5	-	172.5
Kev siv peev xwm ntawm cov chaw tsim khoom titanium dioxide	%	76.56	75.78	↓0.78	71.78	76.17	↑4.39

1) Zinc sulfate

Sab raw khoomTus nqi sib pauv ntawm zinc hypooxide tseem siab, thiab qhov kev nyuaj siab ntawm cov nqi tsim khoom rau cov tuam txhab smelting tseem pom tseeb heev.

Hais txog tus nqi zinc, kev ua lag luam tsom mus rau txoj cai nyiaj txiag tom ntej ntawm Federal Reserve thiab qhov sib txawv ntawm US dollar, thiab kev xav tsis zoo ntawm macroeconomic ua rau muaj kev nyuaj siab rau tus nqi zinc.

Cov kua qaub sulfuric: Qhov siab hauv tebchaws tseem ruaj khov, txhawb nqa los ntawm kev thov rau cov chiv phosphate thiab kev saib xyuas ntawm qee lub lag luam acid.

Kev muab khoom thiab kev thov: Cov nqi khiav lag luam ntawm cov zinc plating downstream, die-casting zinc thiabzinc oxidecov lag luam nyob rau theem qis dua rau tib lub sijhawm hauv peb xyoos dhau los, thiab kev rov zoo ntawm kev siv khoom kawg tsis tau raws li qhov xav tau. Cov khoom muag hauv zej zog tseem siab dua 260,000 tons, ua rau muaj kev nyuaj siab rau cov nqi.

Kev txiav txim siab txog tus nqiTus nqi zinc yuav tsis ruaj khov rau lub lim tiam tom ntej, nrog rau tus nqi nruab nrab ntawm kwv yees li 24,400 yuan ib tuj.

Lus Qhia: Nws raug pom zoo kom yuav ua pawg thiab tswj hwm qhov kev pheej hmoo ntawm cov khoom muaj ntau raws li koj lub voj voog khoom muaj thiab lub sijhawm xaj.

2) Manganese sulfate

Sab raw khoomTus nqi ntawm sulfuric acid thiab manganese ore tseem yuav txhawb nqa cov nqi vim tias cov txiaj ntsig tau raug nias kom tswj tau cov nqi ua haujlwm qis thiab cov voj voog xa khoom tau ntev.

Qhov xwm txheej ntawm kev ua lag luamTam sim no, tus nqi ua haujlwm tag nrho ntawm kev lag luam manganese sulfate qis, cov nqi tsim khoom rau cov chaw tsim khoom tseem nyob hauv qab kev nyuaj siab, thiab cov voj voog xa khoom rau qee lub tuam txhab tau raug ncua.

Kev Cia Siab:Tus qauv kev muab khoom tsawg tseem nyob rau lub sijhawm luv luv, thiab cov nqi yuav tseem siab.

Cov Lus Qhia: Nws raug pom zoo kom xauv cov xaj ua ntej, tshwj xeeb tshaj yog rau cov xaj loj, hnub xa khoom thiab tus nqi xauv raw khoom yuav tsum tau lees paub ua ntej.

3) Hlau sulfate

Sab raw khoomTus nqi ua haujlwm ntawm cov tuam txhab titanium dioxide tau rov qab zoo me ntsis piv rau lub sijhawm dhau los, tab sis heptahydrate ferrous sulfate tseem cuam tshuam loj heev los ntawm kev hloov pauv los ntawm kev lag luam lithium iron phosphate.

Qhov xwm txheej ntawm kev muab khoom thiab kev thov khoomTam sim no, muaj cov peev txheej tsawg ntawm ferrous monohydrate muaj rau kev lag luam pub tsiaj thiab kev lag luam, thiab kev muab khoom tag nrho tseem tsawg.

Tus nqi siv ntawm titanium dioxide ntau lawm

Qhov xwm txheej ntawm kev ua lag luam: Cov lus hais tau maj mam me ntsis tsis ntev los no, tab sis tag nrho kev ua lag luam tseem nyob rau theem siab. Saib xyuas kev hloov pauv hauv kev lag luam lithium iron phosphate. Yog tias qhov kev thov txias, kev muab ferrous monohydrate yuav yooj yim dua.

Lub Tswv Yim:Nws raug pom zoo kom yuav khoom kom yooj ywm raws li cov phiaj xwm tsim khoom kom tsis txhob muaj kev hloov pauv ntawm cov nqi yuav khoom vim muaj kev rov ua dua tshiab.

4） Tooj liab sulfate/copper chloride yooj yim

Lub dav hlau macroscopic:

Qhov feem pua ntawm Fed yuav nce tus nqi hauv lub Rau Hli tau nce ntxiv los ntawm 32% mus rau 41% (CME FedWatch), thiab kev cia siab ntawm kev ua lag luam ntawm kev txo tus nqi hauv ib xyoos tau ploj mus lawm. Tus nqi ntsuas duas las rov qab los saum 104.5, ua rau muaj kev nyuaj siab rau tus nqi tooj liab.

Cov pov thawj ntawm kuv lub zog:

Tus nqi ua cov tooj liab concentrate spot TC (processing fee) tau poob qis mus rau $1.4 ib tonne thawj zaug hauv keeb kwm, qhia txog qhov tsis txaus ntawm cov hlau. Tab sis nws yuav siv sijhawm 1-2 lub hlis rau qhov no kom txhais tau tias yog kev tsim cov tooj liab refined.

Kev muab khoom thiab kev thov hauv tebchaws:

Downstream: Tus nqi ua haujlwm ntawm cov pas nrig tooj liab txhua lub lim tiam yog 67.2%, poob qis 3.1 feem pua ntawm lub lim tiam dhau los; Cov tuam txhab hlau thiab cable pom tias muaj kev poob qis hauv cov xaj tshiab thiab muaj kev xav tos thiab saib.

Cov Khoom Muag:168,000 tons ntawm tooj liab ntawm Shanghai Futures Exchange, 139,900 tons hauv cov cheeb tsam tseem ceeb ntawm SMM thoob plaws lub tebchaws, tau sau rau ob lub lis piam sib law liag, tab sis qib tseeb tseem qis dua lub sijhawm tib yam xyoo tas los (192,000 tons).

Kev tshuaj xyuas tus nqi:

Kev Txhawb Nqa: Tsis txaus ntawm qhov kawg ntawm lub qhov av + kev muab tooj liab tsawg; Kev txo qis: Macro tsis zoo + kev ntshai ntawm tus nqi siab. Tus nqi tseem ceeb yuav yog 103,000-104,000 yuan ib tuj lub lim tiam tom ntej, thiab qhov kev hloov pauv loj heev tuaj yeem ncav cuag 102,500-105,000.

1) Tus nqi tam sim no

Shanghai Metals Market Electrolytic Copper

2) Tus nqi tooj liab sib txawv li tsib xyoos dhau los (2021-2026): Kev xaus ntawm tus qauv tsib xyoos: Nce mus - rub rov qab - sab - tawg dua - Kev sib koom ua ke siab. Tam sim no nws nyob rau ntawm nws qhov siab tshaj plaws hauv yuav luag tsib xyoos.

5) Magnesium sulfate/magnesium oxide

Nyob rau hauv cov nqe lus ntawm cov khoom siv raw: Magnesium oxide tau pom qhov nce me ntsis tsis ntev los no, txhawb nqa los ntawm cov khoom siv raw thiab kev tiv thaiv ib puag ncig.

Sulfuric acid nyob rau sab qaum teb tam sim no ruaj khov ntawm qib siab.Magnesium sulfatetab tom sib sau ua ke ntawm qib siab, thaum magnesium monohydrate nce siab tas li. Lub caij nyoog siab tshaj plaws rau kev ua liaj ua teb hauv dej tau poob qis lawm, cov khoom siv raw thiab cov nqi zog siab, kev ua lag luam luv luv muaj zog thiab tsis ruaj khov, thiab nws yuav nce ntau dua li poob hauv kev ua lag luam yav tom ntej. Nws raug pom zoo kom ntxiv cov khoom lag luam hauv cov pawg raws li qhov xav tau.

6) Calcium iodate

Kev tshuaj xyuas kev ua lag luam:Tus nqi iodine uas tau ua kom huv si tseem ruaj khov, cov chaw tsim khoom muab khoom ib txwm muaj, thiab kev yuav khoom tom qab ntawd feem ntau yog rau cov kev xav tau tseem ceeb.

Kev kwv yees tom qab:Cov nqi yuav ruaj khov rau lub sijhawm luv luv nrog rau qhov chaw tsawg rau kev hloov pauv.

Kev yuav khoomlus qhia: Yuav raws li qhov xav tau, tsis tas yuav khaws cia ntau dhau.

7） Sodium selenite

Kev tshuaj xyuas kev ua lag luam:Tus nqi selenium nyoos thiab selenium dioxide tseem tsis ruaj khov, qhov kev thov tag nrho tsis muaj zog.

Kev kwv yees tom qab: Nwsxav tias qhov kev sib koom ua ke luv luv yuav tseem tsis muaj zog thiab ruaj khov, thiab yuav tsis muaj kev nce siab ntawm cov nqi.

Cov lus qhia txog kev yuav khoom: Nws yogpom zoo kom tswj cov voj voog khoom muag kom tsis txhob muaj peev txheej ntau dhau.

8) Cobalt chloride

Kev Tshawb Fawb Txog Kev Lag Luam： Lub Kev lag luam ntsev cobalt tsis muaj zog tag nrho, tsis muaj kev rov zoo hauv kev thov thiab kev lag luam me me.

[Kev Kwv Yees Tom Qab] Tseem muaj qhov ua tau tias tus nqi yuav poob me ntsis yav tom ntej, tab sis kev txwv cov khoom siv raw muab kev txhawb nqa qis tshaj plaws rau tus nqi.

Cov Lus Qhia Txog Kev Yuav Khoom： Nws yog pom zoo kom tswj kev ua haujlwm tsawg cov khoom muag thiab tsom mus rau kev yuav khoom tseem ceeb.

9） Potassium chloride/potassium carbonate/calcium formate/iodide

1. Cov tshuaj potassium chlorideKev ua lag luam potassium chloride tsis ruaj khov ntawm cov qib siab nrog kev hloov pauv me me, thiab kev lag luam tsis muaj teeb meem. Cov khoom muag hauv chaw nres nkoj tau poob qis mus rau qhov qis tshaj plaws, thiab cov tub luam txaus siab tuav tus nqi. Thaum lub caij nplooj ntoo hlav xaus, cov chiv sib xyaw ua ke raug yuav raws li qhov xav tau thiab tsis khaws cia. Cov nqi cog lus loj thoob ntiaj teb muab qhov chaw hauv pem teb, tus nqi tam sim ntawd yuav tsis poob qis; Kev thov tsis muaj zog thiab kev nce siab tsis zoo yuav txuas ntxiv tus qauv ntawm kev ruaj khov ntawm tus nqi thiab tos-thiab-saib hauv lub sijhawm luv luv. Tus nqi qis dua me ntsis dua li lub lim tiam dhau los. Khaws cia raws li qhov xav tau.

2. Cov kua qaub Formic acid tau ruaj khov rau sab hauv lub lim tiam dhau los vim tias cov chaw tsim khoom loj hauv Shandong muaj cov phiaj xwm txij nkawm tsis ntev los no. Cov calcium formate qib pub tsiaj tau nce siab zuj zus nrog rau kev txhawb nqa cov khoom siv raw, nrog rau tus nqi nruj thiab tus nqi tseem ceeb, thiab yuav nce ntau dua li poob rau lub sijhawm luv luv. Nws raug pom zoo kom khaws cia raws li qhov xav tau.

3. Tus nqi iodide tseem ruaj khov lub lim tiam no piv rau lub lim tiam dhau los.

Kev kwv yees tag nrho ntawm kev lag luam rau lub Rau Hli thiab Lub Xya Hli

Nws xav tias kev ua lag luam tag nrho rau cov ntsiab lus tseem yuav raug tswj hwm los ntawm "kev ua lag luam tsis ruaj khov txhawb nqa los ntawm tus nqi siab" thaum Lub Rau Hli thiab Lub Xya Hli. Ntawm lawv, cov khoom xws li zinc sulfate thiab tooj liab sulfate, uas muaj feem cuam tshuam nrog cov hlau tsis yog ferrous, yuav qhia txog kev hloov pauv ntau dua; Thaum cov khoom xws li manganese sulfate, ferrous sulfate thiab calcium formate, uas tau txhawb nqa los ntawm kev muab khoom tsawg, tseem muaj peev xwm hloov pauv hauv lawv cov nqi. Cov neeg yuav khoom hauv qab yuav txuas ntxiv nrog tus qauv kev yuav khoom ceev faj thiab tseem ceeb, thiab kev ua lag luam tsis zoo li yuav pom kev nce siab dav dav, tab sis qee hom tseem yuav ntsib theem ntawm kev nce sai vim muaj kev muab khoom tsawg.

Nyob twj ywm mloog cov xov xwm tshiab txhua lub lim tiam, thiab tiv tauj peb pab neeg kom tau txais kev txhawb nqa kev yuav khoom tshwj xeeb rau koj cov kev xav tau tsim cov khoom noj ntxiv.