📰 News & Insights

On June 22, 2026, the average transaction price of 1# cobalt in the Yangtze River spot market reached 384,000 yuan per ton, down 2,000 yuan per ton from the previous trading day, continuing the downward trend in a volatile manner since June. In the first quarter of this year, supported by the tightening of overseas raw material quotas, the cobalt price has long remained above 400,000 yuan per ton. However, it has been continuously declining since June, resulting in a differentiated market situation where the overseas cobalt price remains high and firm while the domestic spot price continues to weaken.

Last week, the aftershocks of the hawkish blow from the FOMC remained, and coupled with the new uncertainties in the signing of the US-Iran agreement, gold continued its downward trend. As of the early Asian session on June 22, 2026, the spot gold price in London was about $4,176 per ounce, a cumulative decline of more than $200 from the post-FOMC high of $4,382 last Thursday, approaching the key support level of $4,150.

Defang Nano, a leading enterprise in lithium battery materials, has released the latest capital operation dynamics. The company officially disclosed a private placement announcement on June 18, planning to raise funds by issuing stocks to specific investors, with the maximum total amount of funds to be raised capped at 2.9 billion yuan. After deducting the relevant issuance expenses, the funds raised in this round will be mainly invested in the construction of an integrated project for new lithium battery materials and used to supplement the company's working capital, continuously strengthening the company's competitiveness in its core lithium battery business.

The international gold price has witnessed an upward trend during the Asian early trading session, with the market showing a phased rebound, and the sentiment in the precious metals market has improved. Combining the current market environment and macro variables, financial institutions have provided the latest judgments on the subsequent trend of the gold price, clarifying the core influencing factors and the medium - to - long - term operation logic of the gold price.

China Resources New Energy (001248) launched its subscription today. The issue price is 10.11 yuan per share. It plans to raise 24.5 billion yuan and publicly issue 2.107 billion shares, breaking the record for IPO fundraising on the Shenzhen Stock Exchange in recent years. A maximum subscription requires a market value of 6.32 million yuan in Shenzhen stocks. The estimated winning rate is 0.5%-0.6%. Strategic investors will lock up 50%, and 24 institutions are participating.

On June 22, the first trading day after the Dragon Boat Festival holiday, the silver market witnessed a retaliatory catch-up decline. The average price of Yangtze River Spot 1# silver was reported at 15,810 yuan per kilogram, a sharp drop of 840 yuan compared with the previous trading day. The main contract of Shanghai silver futures tumbled even more. As of 11:00, it was reported at 15,799 yuan per kilogram, plunging 966 yuan with a sharp decline of 5.76%. The decline in futures far exceeded that in the spot market, and the basis between futures and spot prices narrowed to only 11 yuan. The short-selling force was concentratedly released during the call auction stage at the opening.

Guinean President Mamadi Doumbouya officially announced a new policy on gold export control, comprehensively banning the export of the country's raw gold ore. By forcibly promoting the transformation of the gold industry towards local processing, the value of local mineral resources will be revitalized to support the high - quality development of the domestic real economy.

On June 22, 2026, the mainstream average transaction price of 1# antimony in the Yangtze River spot market was reported at 128,000 yuan/ton, a decrease of 1,000 yuan per ton compared with the previous trading day, and the spot market saw a slight correction. This price decline is the result of the combined effect of short-term multiple sentiments, phased procurement rhythms, and the game of macro expectations.

During the daytime trading session on the 17th, the main Shanghai gold contract AU2608 closed at 942.94 yuan per gram, and fluctuated within a narrow range between 940 and 950 yuan during the day. However, after the Federal Reserve's FOMC decision was announced at 2:00 a.m. Beijing time on June 18th, the market situation suddenly changed. At the close of the night trading session at 2:30 on June 18th, the main Shanghai gold contract closed down 0.84% at 935.32 yuan per gram, the main Shanghai silver contract closed down 1.36% at 16,589 yuan per kilogram, while the main SC crude oil contract bucked the trend and closed up 0.80% at 517 yuan per barrel.

According to the data from the Yangtze River Nonferrous Metals Network, on June 18th, the average price of the Yangtze River comprehensive metal praseodymium was reported at 982,500 yuan/ton, up 2,500 yuan/ton from the previous trading day; the average price of praseodymium oxide was 800,000 yuan/ton, up 7,500 yuan/ton in a single day. The raw materials in the upstream and downstream of praseodymium have both seen obvious increases, and the popularity of the rare earth sub - track has heated up again.