Financial harvest is everywhere. A little carelessness will be taken away by capital. Under extreme market conditions, I hope investors will keep their eyes open and not become fish of others.
1. What is nickel?
Nickel is a very important metal in industrial production, which has good ductility, magnetism and corrosion resistance, and is widely used in life: for example, nickel is contained in one-dollar coins, the main material for making stainless steel is nickel, and nickel is also needed for producing new energy batteries.
Second, the nickel industry chain:
Nickel industrial chain includes four links: upstream nickel mining, midstream smelting, downstream processing and terminal application.
Specifically, the upstream sources of nickel ore are mainly nickel sulfide ore and laterite nickel ore. Due to different associated minerals and different smelting methods, different production chains have been formed.
Third, the supply of nickel.
Nickel is a relatively rich metal element, ranking fifth in the earth after silicon, oxygen, iron and magnesium. According to USGS data, the global nickel reserves will reach 94 million tons in 2020.
In terms of regional distribution, nickel mines in the world are mainly distributed in Indonesia, Australia, Brazil and Russia, among which Indonesia is the country with the richest nickel resources, with a reserve of 2 1 10,000 tons, accounting for 22% of the world.
China's nickel reserves are only 2.8 million tons, accounting for 3% of the world's total. The external dependence of nickel resources in China is quite high, reaching 86%, and a large number of nickel ores need to be imported from Indonesia and the Philippines.
Look at the output of nickel ore. The global nickel mine production is 2.5 million tons, of which Indonesia is the largest nickel mine producing area in the world. In 2020, the output of nickel ore will be 760,000 tons, accounting for 30% of the world. The second is the Philippines, with an output of 320,000 tons, accounting for13% of the world; Russia, the third place, produces 280,000 tons, accounting for11%of the world; China has 6.5438+0.2 million tons, accounting for 5% of the world.
Four. Influencing factors of nickel price:
Nickel is an important metal variety, and its price trend should first be the trend of * * * and basic metals. But nickel also has its own uniqueness. Let's look at the main factors that affect the price of nickel:
1. First, the relationship between supply and demand. An important indicator of the relationship between supply and demand is inventory, including upstream and downstream inventory of industrial chain and cross-regional inventory at home and abroad.
Because the price of nickel is also affected by many other factors, the supply contraction of nickel ore does not simply mean the increase of nickel price.
2. Secondly, the domestic and international economic development and the speed of economic development will also affect the consumption of nickel.