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In 2022, the price of nickel fluctuated drastically, which concept stocks will benefit?
In 2022, the price of nickel fluctuated drastically, which concept stocks will benefit?

Since the beginning of this year, the price of nickel has fluctuated violently, which has attracted much attention from the market. As of July 30th, the continuous price of nickel closed at 18 1400 yuan/ton, up by 27.30% in half a month. So today, Bian Xiao is here to sort out the knowledge about nickel resource concept stocks. Let's have a look!

Nickel is widely used.

As an important raw material of nonferrous metals, nickel occupies an important position in iron and steel smelting and is widely used in many fields such as stainless steel, alloy steel and special steel smelting. Among them, the consumption of nickel in stainless steel smelting is the largest.

"This round of nickel price increase is a staged rebound after the bearish exhaustion." Bai Qiong, a nickel analyst in the Stainless Steel Division of Shanghai Steel Union, said in an interview with the Securities Daily that "the stainless steel industry has recently drastically reduced production and accelerated the repair of industrial surplus in the early stage. In addition, domestic ferronickel enterprises have reduced production and the fundamentals of primary nickel have been effectively improved. In addition, stimulated by the recovery of new energy vehicle sales, the overall recovery of the non-ferrous metal industry boosted the nickel price to a high of 6.5438+0.8 million yuan/ton. "

Zijin Tianfeng Futures believes that "the recent continuous arrival of imported nickel plates has eased the pressure of tight spot. The demand for stainless steel terminals is weak and there is no sign of recovery. Stainless steel producers will seek profits from ferronickel plants in the future, and it is expected that ferronickel prices will still have room to fall. In view of the previous oversold, the recent nickel price rebound has been basically repaired, and there is limited room for further upside. In the medium and long term, with the release of new production capacity of ferronickel in Indonesia, the supply of nickel resources will rise sharply, and the surplus pattern will become clearer, which will suppress the rebound of nickel prices. "

Nickel prices will not continue to rise.

In terms of high nickel ternary shipments, Bai Rong science and technology ranks first in the world. A few days ago, the relevant person in charge of the company said at the company's strategy conference that the nickel price was high in the first half of this year, and the cost performance of single crystal high-pressure medium-low nickel ternary materials has certain advantages. With the nickel price gradually returning to rationality, the nickel price has dropped from 30,000 USD/ton to below 20,000 USD/ton, and with the large-scale mining of Indonesian mines, it is expected that there will be some room for nickel price to fall in the future.

Can the nickel price return to the high level of 280,000 yuan/ton in the second half of the year? In this regard, Bai Qiong said, "From the perspective of supply and demand, it is impossible to continue to push up the price of nickel. There are two main reasons: first, the surplus ferronickel resources originally existed in the form of in-plant inventory in the first half of the year, but recently enterprises began to sell this part of ferronickel resources, and the increase in supply will have an impact on the market price of nickel; Second, the global pure nickel is shifting from shortage to surplus. Although the demand for ternary precursors recovered rapidly in the third quarter, the nickel sulfate production line and intermediate raw materials can still meet the current demand. In addition, the recovery of stainless steel demand is slow in the second half of the year, and it is difficult to have a higher growth rate. Even if the demand picks up, the supply side can quickly release supplementary demand, and the primary nickel will still present a surplus situation in the second half of the year. "

Because nickel is one of the important non-ferrous metal raw materials in industrial production, even if the price of nickel does not have room to continue to rise in the second half of the year, the current abnormally high price still worries many researchers. On July 2 1, Wu Feng, an academician of China Academy of Engineering, said at the World Power Battery Conference that "the cathode material changed from low nickel to high nickel, but the price of nickel rose too fast, forcing our research direction to change from high nickel to nickel-free."

"With the continuous improvement of nickel smelting technology and the continuous release of production capacity of Indonesian investment projects, downstream enterprises will have more choices in the future. When the price of nickel fluctuates greatly, it is urgent for nickel smelting enterprises to take mineral resources into their own hands. At the same time, it is necessary to establish diversified product routes, which is also an option for nickel smelting enterprises to avoid risks. " Bai Qiong said.

What are the leading stocks of nickel resources?

Huayou Cobalt 603799:

According to the quarterly report of the first quarter of 2022, Huayou Cobalt Company's total operating income1321200 million yuan, net profit10/900,000 yuan, earnings per share of 0.99 yuan and price-earnings ratio of 28.06.

The leader of the cobalt industrial chain is an industrial pattern with lithium-ion new energy materials and cobalt new materials as the core to realize high-end products, industrial integration and international operation. Strive to build a new energy lithium battery industry ecology from cobalt and nickel resources, smelting and processing, ternary precursors, lithium battery cathode materials to resource recycling.

Looking back on the past 30 trading days, the share price of Huayou Cobalt fell by 6.2%, and the total market value rose by 543 1 100 million. The current market value is 654.38+0.5010.93 billion yuan. In 2022, the stock price fell-12.07%.

Meg 002340:

The quarterly report of GEM in the first quarter of 2022 shows that the company's total operating income is 6.967 billion yuan, net profit is 365.438+0.8 billion yuan, earnings per share is 0.07 yuan, and P/E ratio is 48.32.

Gemmy recovers ultrafine cobalt and nickel powder from waste resources, which is the largest enterprise recovering ultrafine cobalt and nickel powder from waste resources in China, an international advanced enterprise producing ultrafine cobalt and nickel powder from waste cobalt and nickel resources, and one of the industrial bases of cobalt and nickel powder materials and recovery technology in China.

Looking back over the past 30 trading days, the share price of GEM rose by 10.66%, while the total market value fell by10.292 billion. The current market value is 4262 1 100 million yuan. In 2022, the stock price fell-14.48%.

Sheng Da Resources 000603:

In the past seven trading days, resources in Sheng Da decreased by 0.64%, with the highest price 10.86 yuan and the lowest price 1 1.37 yuan, with a total of 35.3383 million lots. It has dropped by-15.9% since 2022.