Posted by Mr.Sm Invest123 > Nov 4, 2021 6:51 PM | Report Abuse

Oct 28,2021 14:04CST
Source:SMM

From January to September of 2021, the output of silicon metal increased by 39% year-on-year, and the annual output is expected to reach a record high of 2.78 million mt.

SHANGHAI, Oct 28 (SMM) – From January to September of 2021, the output of silicon metal increased by 39% year-on-year, and the annual output is expected to reach a record high of 2.78 million mt.

The insufficient power supply will inevitably lead to a decline in the output in Q4. The impact of the dual control of energy consumption is more significant on the supply of silicon. The major silicon metal producing regions including Yunnan, Xinjiang, Sichuan will have to cut the production, where the silicon plants cannot maintain the normal production from September to November. The power shortage also restricts the production. The downstream production in the major silicon consumption areas in east and south China has been mostly resumed after the short-term production restrictions.

The silicon metal production in Yunnan and Sichuan will decline in Q4 due to the upcoming dry season. The large plants in Xinjiang will also lower the operating rates due to the power shortage and the control of energy consumption. China’s output of silicon (Si content ≤ 97%) and secondary silicon totalled 240,000 mt from January to September 2021, which will supplement the shortage in the silicon metal supply. The lower overseas prices encouraged the imports. The total silicon import volume reached 4,000 mt from January to September 2021, up 782% on the year.

The seasonal increment in the silicon metal inventory in end 2021 will be far lower than the 10-year average

The higher domestic demand and declining exports will lead to the lower port inventory of silicon metal. The increment in the silicon metal inventory is lower than the 10-year average level in 2021, and a new inventory cycle has started. The total social inventory in end-2021 is expected to stand at around 70,000 mt, down 13%.

Prices of silicone and polysilicon rise along with silicon prices

Siloxane: The strong demand has boosted the silicone prices to hit a record high, and the mainstream prices are correlated to the silicon raw raw material prices. The domestic supply continues to make up for the overseas supply gap. The DMC prices are expected to stand at 50,000-55,000 yuan/mt.

Polysilicon: The skyrocketing silicon metal prices have pushed up the polysilicon prices. However, the silicon prices may pull back due to the low downstream operating rates in November and December.

The surging silicon prices change the aluminium alloy pricing models

Secondary aluminium alloy: The power curtailment, supply shortage of aluminium scrap, high silicon prices, chip shortage for cars, and other factors affect the operating rates of secondary aluminium alloy plants.

Primary aluminium alloy: The prices of silicon, the major auxiliary material, have surged, and the primary aluminium alloy producers have suffered the losses. The aluminium alloy prices are settled based on the silicon prices.

The production and sales of automobile continue to grow. The production and sales from January to September 2021 increased by 7.5% and 8.7% respectively.

Profits of silicon metal export turn positive, the control on the foreign exchange affects the overseas quotations

The silicon metal exporter suffered significant losses from May to July, and the losses narrowed in August, then turned into profits in October.

China's silicon exports in September 2021 were 72,000 mt, up 6% month on month and 32% year on year. The exports totalled 605,000 mt from January to September, up 40% year on year.

The demand growth rate of silicon metal stand at 21% in 2021. The production of the new capacities of the silicone and polysilicon is worth attention.

There are 800,000 mt of new capacities of silicon monomer have been put into production in 2021, and the exports in 2021 are expected to be near 800,000 mt, up 29% year on year. The capacities of 140,000 mt will be put into production in Q4 2021. The total silicon material output is expected to reach 480,000 mt, up 22% on the year. The total output of cast aluminium alloy in 2021 may grow by 9% on the year. The annual growth rate of the total domestic and overseas demand of silicon metal is expected to be 21% in 2021.

Price forecast

There is basically no new capacity of silicon metal in 2021. The new capacities will be put into production intensively in the rainy season in 2022.

The new capacities of silicone monomer and polysilicon will be put into production mainly in Q4 2021- H1 2022.

The shortage of the silicon metal supply in H1 2022 will depend on the power supply in the dry season in south-west China and the downstream production capacity.

Posted by Mr.Sm Invest123 > Nov 4, 2021 6:51 PM | Report Abuse

The downstream production expands rapidly amid the stagnated low supply, and the the shortage will intensify in 2022.

The silicon metal prices will remain in an upward trend under the dual carbon policy, and the pricing logic of resource-based commodities will be changed. The silicon metal prices may rebound in November amid the shrinking supply, the recovering demand of aluminium alloy, and the overseas restocking before the Christmas holiday. However, the prices may decline in December as the silicon plants will reduce their stocks. The silicon prices will stay high until the rainy season in June 2022, and the upward trend of the prices may extend until 2023. The delayed commissioning of the silicone and polysilicon capacities, the shrinking consumption of the silicone after the pandemic, and the new capacities to be put into production may bring risks to the market.

The shortage of production capacity will suppress the silicon output, and the low grade of raw materials may drag down the output of high-grade silicon. The silicon supply is expected to remain tight in the short term. Most of the silicon metal consumption was in the silicone and polysilicon sectors, while the consumption in the aluminium alloy and export sectors declined. The tight supply has weakened the profits of the silicon metal users, and the upstream companies in the silicon industry started to profit.

Posted by wallstreetrookie > Nov 4, 2021 10:47 PM | Report Abuse

Aluminium(London) -3.33%

Posted by Lucifer999 > Nov 4, 2021 10:54 PM | Report Abuse

Aluminium (US)-32.60 (-1.21%)

Posted by Hamsip > Nov 5, 2021 1:22 AM | Report Abuse

Softness in pmetal price in early November presents good chance to accumulate.... Pmetal will keep creeping down in tandem with falling aluminum lme price......

Posted by Bgt 9963 > Nov 5, 2021 8:46 AM | Report Abuse

Holding steady !

Posted by Fabien _the efficient capital allocator > Nov 5, 2021 7:59 PM | Report Abuse

Will revisit this stock again if it ever drop below 5

Posted by Mr.Sm Invest123 > Nov 6, 2021 7:44 AM | Report Abuse

热门股:齐力科技 上挑RM13.18 - https://www.enanyang.my/行家论股/热门股齐力科技-上挑rm1318 (Share from StockHunter)

Posted by Lamshuntee > Nov 6, 2021 3:46 PM | Report Abuse

China's energy crunch spells margin erosion for Press Metal, but Affin Hwang still likes the stock
By Farah Adilla - October 20, 2021 @ 10:22am

KUALA LUMPUR: China's energy problem, which is expected to remain until 2022, should translate to some profit margin erosion in Press Metal Aluminium Holdings Bhd's earnings, Affin Hwang Capital said.

In a note today, the firm said raw material supply including alumina, carbon anode, magnesium and silicon metal were expected to be under pressure in the coming quarters as China struggled with its electricity shortages, causing disruptions in production.

It said cement, steel and aluminium production being the most energy-intensive industries were expected to be worst hit from the power crunch.

"Nevertheless, we believe the rise in raw material prices will be partially passed through to customers, mitigating the impact, while the resulting global supply shortage would translate to elevated aluminium prices for a longer period of time.

"Despite the potential squeeze in margin, we continue to like Press Metal for its strong earnings growth outlook and scarcity premium as it is the only aluminium smelter to be listed in Malaysia and the largest aluminium smelter in Southeast Asia," it said.


Affin Hwang said Press Metal's Samalaju Phase 3 plant was operating at 96 per cent capacity and on track for full ramp-up by the end of the year.

Upon full commissioning, Samalaju Phase 3 plant's total capacity will expand to 1.08 million tonnes per year, up 42 per cent from the current 760,000 tonnes per year.

Affin Hwang has adjusted Press Metal's 2021-2023 ernings by 9.5 per cent, -5.9 per cent and -4.3 per cent respectively.

This was after incorporating higher aluminium prices as a result of the global aluminium shortage, higher raw material costs and lower value added products sales volume mix as a result of potential disruption in magnesium and silicon metal supply.

Affin Hwang has maintained its "Buy" call on Press Metal with a lower target price of RM8.20 from RM8.70 previously.

Posted by vanbasten9 > Nov 9, 2021 6:42 AM | Report Abuse

Will drop more while brent crude rises... Buy because this is as good as American Alcoa

Posted by Kevin Tam > Nov 9, 2021 9:59 AM | Report Abuse

The shortage of aluminium n aluminium products being exaggerated by local research houses; next year profit before tax decide whether Press metal is overvalued or undervalued at 5.50-6.00 but with top Chinese manufacturers producing about 50% of the aluminium of the world, the aluminium prices at china should be good barometer to think whether shortage of aluminium is reality or just a news being wild spread by western top investment banks then local research houses…

Posted by LossAversion > Nov 9, 2021 10:00 AM | Report Abuse

Will Pmetal suffers a similar fate as gloves? time will tell.

Posted by Hamsip > Nov 9, 2021 11:08 AM | Report Abuse

Will Loss Aversion lose every sen in the stocks that he had invested. Time will tell.

Posted by Hamsip > Nov 9, 2021 11:09 AM | Report Abuse

Earning coming end of November.... Another record???

Posted by Mr.Sm Invest123 > Nov 13, 2021 8:43 AM | Report Abuse

上升股:齐力科技 阻力RM14.40

Author: Tan KW | Publish date: Sat, 13 Nov 2021, 7:45 AM



齐力科技（PMBTECH，7172，主板工业股）的日线交投走势，于11月12日闭市时收13.40令吉，按日涨1.00令吉或8.06%，短期上升阻力或会处于13.42-14.40令吉水平。

12/11/21行情

闭市：13.40令吉

起落：+1令吉

成交量：2,349宗

最高：13.40令吉

最低：12.28令吉

本益比：121.157倍

毛周息率：0.075%

52周最高：16.30令吉

52周最低：3.25令吉





https://www.enanyang.my/行家论股/上升股齐力科技-阻力rm1440

Posted by vanbasten9 > Nov 14, 2021 7:56 AM | Report Abuse

Aluminum futures on a year has zoom past 2700 n will reach 2800 this year.. grab

Posted by Mr.Sm Invest123 > Nov 14, 2021 9:49 AM | Report Abuse

上升股:齐力科技 阻力RM14.40

Author: Tan KW | Publish date: Sat, 13 Nov 2021, 7:45 AM



齐力科技（PMBTECH，7172，主板工业股）的日线交投走势，于11月12日闭市时收13.40令吉，按日涨1.00令吉或8.06%，短期上升阻力或会处于13.42-14.40令吉水平。

Posted by nisah395 > Nov 15, 2021 10:04 AM | Report Abuse

noted on that

vanbasten9 > Aluminum futures on a year has zoom past 2700 n will reach 2800 this year.. grab
14/11/2021 7:56 AM

Posted by vanbasten9 > Nov 16, 2021 6:11 PM | Report Abuse

Sorry nisah if my bullish has not translated into our gains

Posted by Hamsip > Nov 16, 2021 11:10 PM | Report Abuse

Chin up vanbasten n nisah395. Market manipulators pulling price down but great ER can cause big lift off

Posted by Smashrock > Nov 17, 2021 6:27 PM | Report Abuse

Why does hlb say the P/E ratio is 25 when all other platforms have it as 59~60? And thus calculate that tp?

Random fun fact : hlb asset management has considerable share ownership in pmetal.

Posted by Stockhunter88 > Nov 22, 2021 11:14 PM | Report Abuse

Fantastic qr coming up?

Posted by billybob123 > Nov 26, 2021 4:55 PM | Report Abuse

where is qr?

Posted by pete tf > Nov 26, 2021 9:22 PM | Report Abuse

Report good. But price today down! How come?

Posted by meistsk3134 > Nov 27, 2021 9:10 AM | Report Abuse

metal price start dropping.

Posted by James Ng > Nov 27, 2021 7:12 PM | Report Abuse

https://klse.i3investor.com/blogs/general/2021-11-27-story-h1594678342.jsp
[转贴] [Video:浅谈PRESS METAL ALUMINIUM HOLDINGS BHD, PMETAL, 8869] - James的股票投资James Share Investing

Posted by Stayhomemum > Nov 29, 2021 11:39 AM | Report Abuse

whats happened with the big drop? Aluminum price still above 2600; Q3 result is good and expecting Q4 will be good too. Thus, P/E ratio will be coming down too rite?

Posted by Stockhunter88 > Nov 29, 2021 12:30 PM | Report Abuse

Luckily I run habis habisan last Friday.. Omicron megatron all Mari liao

Posted by Putrajaya666 > Nov 29, 2021 3:13 PM | Report Abuse

gg shit counter

Posted by meistsk3134 > Nov 30, 2021 4:01 PM | Report Abuse

hold long term

Posted by Mr.Sm Invest123 > Dec 1, 2021 8:50 AM |

Post removed. Why?

Posted by Mr.Sm Invest123 > Dec 7, 2021 8:37 AM | Report Abuse

PMB Technology poised for a rebound, says RHB Retail Research
theedgemarkets.com

December 07, 2021 07:40 am +08


KUALA LUMPUR (Dec 7): RHB Retail Research said PMB Technology Bhd is poised for a rebound following a recent pullback, as it bounced off the support while heading towards the immediate resistance of RM12.64.

In a trading stocks note today, the research house said if the stock manages to push above that level – crossing above the 21-day average line – the bulls may propel the stock towards the RM13.20 threshold, followed by the next resistance of RM13.68.

“This expectation will be nullified if it falls below the support level of RM12.04,” it said.

Posted by wallstreetrookie > Dec 14, 2021 2:28 PM | Report Abuse

The new variant poses a dilemma for some central banks: Should they simply wait to see its impact, or act pre-emptively?

Major central banks spent much of the year telling investors that the surge in consumer prices would prove temporary. They have dialed back those claims in recent weeks as inflation soared ever higher. Global supply-chain bottlenecks, one cause of higher prices, are now expected to persist through at least the first half of 2022.

“I think there is a concern that inflation isn’t coming back down as quickly as people had felt and central banks need to react,” said Iain Stealey, a portfolio manager with J.P. Morgan Asset Management.

WSJ | Markets

Posted by wallstreetrookie > Dec 14, 2021 2:28 PM | Report Abuse

Press Metal Berhad Maintain Underweight

Posted by meistsk3134 > Dec 30, 2021 2:11 AM | Report Abuse

i forgot have dividend, after dividend share price drop b

Posted by meistsk3134 > Dec 30, 2021 5:27 PM | Report Abuse

0.01 only.

Posted by SMInvest > Jan 5, 2022 11:24 PM | Report Abuse

PMB Tech gets more energy to power expansion

KUCHING: PMB Technology Bhd has secured an additional supply of 25-megawatt (MW) electricity from Syarikat Sesco Bhd to power the production expansion of its metallic silicon plant in Samalaju Industrial Park in Bintulu, Sarawak.

Its wholly-owned subsidiary PMB Silicon Sdn Bhd entered into a legally binding term sheet with SESCo last week, which would be formalised with an agreement later to revise the amended and restated power purchase agreement to, inter alia, increase the existing supply of electricity at its metallic silicon plant from 104MW to 129MW.

PMB Tech said the additional electricity supply is due to an expansion of operations at the silicon facility.

PMB Tech is an associate of Press Metal Aluminium Holdings Bhd, which is South-East Asia’s largest integrated aluminium producer. PMB Tech diversified into the manufacturing of metallic silicon with an investment of some RM320mil in Phase 1 of the plant with an annual production capacity of 36,000 tonnes in 2018.

Metallic silicon, according to the company, is a vital raw material with a compounded annual growth of 4% globally.

PMB Tech’s earnings have received a major boost this year, thanks to the strong metallic silicon prices. In the first nine months to September 2021, PMB Tech’s group net profit soared to RM45.5mil from RM11.8mil a year ago, as revenue climbed to RM542.8mil from RM409mil.

According to CEO Koon Poh Ming, the price of metallic silicon has risen to a record high, as the commodity market has reacted positively to the fast recovery of the world economy from the effects of the Covid-19 pandemic.

He said the surge in the metallic silicon price was primarily caused by the initiative of the Chinese government to cut back on the power supply as well as tightening of environmental control in China.

However, the company expects the record high metallic silicon price to correct by itself and stabilise in the near future.

With the recent encouraging commodities market, Koon said the group is expected to benefit from the positive movement in the price of metallic silicon after offsetting higher logistics, raw material and operating cost.

He said the group’s other aluminium businesses are gradually moving into the positive position.

The group is into manufacturing of aluminium access equipment, marketing and trading of other related products while its construction and fabrication segment is involved in contracting, designing and fabrication of aluminium curtain wall, cladding system and system formwork.

Posted by SMInvest > Jan 6, 2022 9:07 AM | Report Abuse

上升股:齐力科技 阻力RM13.08

Author: Tan KW Publish date: Thu, 6 Jan 2022, 7:27 AM


齐力科技（PMBTECH， 7172，主板工业股）的日线交投走势于1月5日闭市时收12.62令吉，按日涨42仙或3.44%，于闭市时持续保持着它的反弹走势。短期上升阻力或会处于12.64至13.08令吉水平间。

5/1/22行情

闭市：12.62令吉

起落：+42仙

成交量：1,213宗

最高：12.90令吉

最低：12.16令吉

本益比：114.105倍

毛周息率：0.079%

52周最高：16.30令吉

52周最低：4.45令吉

https://www.enanyang.my/行家论股/上升股齐力科技-阻力rm1308

Posted by meistsk3134 > Jan 6, 2022 9:36 AM | Report Abuse

pmb is future. pmetal no hope? sad

Posted by Stayhomemum > Jan 7, 2022 11:59 AM | Report Abuse

Posted by meistsk3134 > Jan 6, 2022 9:36 AM |

pmb is future. pmetal no hope? sad


'Aluminum prices continued to march higher to above $2,900 per tonne in the first week of January, the highest since late October 2021, amid falling inventories and expectations of large deficits as the power crisis, specially in Europe persists, and smelters need to cut production. Stocks of aluminium in LME approved warehouses fell more than 50% since the middle of March. Meanwhile, a ban on Indonesia exports of thermal coal prompted a surge in coal prices, which will likely to push aluminum production down in both China and India.' TRADINGECONOMICS


hope to shine some news here for you.

Posted by wikioon > Jan 10, 2022 10:33 AM | Report Abuse

JP Morgan research call for TP 7.70. Rmbr their call for Topglov? All in now.

Posted by PureBULL ... > Jan 10, 2022 10:46 AM | Report Abuse

Elon Musk of TESLA, loves all things GREEN...
He could be eyeing green Al in Pmetal n green Si in Pmbtech,,
it would happen, don't play.play,,

https://www.reuters.com/markets/commodities/europes-power-crunch-sparks-aluminium-smelter-meltdown-andy-home-2022-01-06/

Posted by Ntpboon > Jan 13, 2022 9:45 AM | Report Abuse

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装着铝箔的红包？？

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Posted by lamy92 > Jan 21, 2022 8:55 AM | Report Abuse

Awesome.. This game steel sector.. Aluminum continue break 5years high until march

Posted by W246525 > Jan 23, 2022 10:08 PM | Report Abuse

Any chance price can go higher...now 6.16...in the short term?