Low inventory "turn stone into gold" new supply "cold" Nickel in the year of the Tiger can "Tiger whistle Fengsheng"? Will this market continue in the new year? When will there be a qualitative change in the main factors leading to the overall upward rise in nickel prices? What will be the mainstream trend of the market in the future? What are the issues that investors in the nickel market should focus on? In this regard, the reporter exchanged views with several professional analysts in the industry, and let's listen to their views and investment suggestions.
[sales list of multinational auto companies in China in 2021: Volkswagen surpassed GM by 410000 Tesla soared 133%] according to the China Automobile Association, auto production and sales in China completed 26.082 million and 26.275 million respectively in 2021, an increase of 3.4% and 3.8% respectively over the same period last year, ending three consecutive years of decline since 2018. At the same time, the total production and sales volume ranked first in the world for 13 years in a row. Although China's car market has grown steadily throughout the year, the sales of multinational car companies in China have shown two trends: half rising and half falling.
[lithium resources supply continues to be tight] overseas lithium mining projects have encountered "changes". On January 18th, both Rio Tinto and Allkem announced that their lithium mine projects had been postponed. Industry insiders say lithium supplies may be tight throughout 2022, and lithium carbonate prices are expected to rise by about 80% in the first half of the year. The average price of battery-grade lithium carbonate and lithium hydroxide was 342000 yuan / ton and 286500 yuan / ton, respectively, according to Shanghai Nonferrous Network.
Cinda Securities Nonferrous Metals Weekly report: lithium Aluminium profitability boosts stable economy and boosts Metal demand_SMM metal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metal.com Daily Mail and Mail on Sunday newspapers.