Policies drive electrolytic aluminum prices, and non-ferrous metals will pay attention to three major sectors in the future
Jiangsu Jinhui Color Coated Aluminum Coil Information: WIND data shows that as of December 28, the base metal index has risen by 19.55% this year, and electrolytic aluminum is a hot topic in class A share investment this year. Wang Daobin, a researcher at Huashang Fund, said that in 2016, with the smooth advancement of the supply-side reform of the coal and steel industries, the profitability of the industry has recovered rapidly, which will undoubtedly give the electrolytic aluminum companies that have been losing money all year round the hope of seeing an inflection point in the industry. With the active promotion of state-owned enterprises, the supply-side reform of electrolytic aluminum kicked off.
Stimulated by the supply-side reform policy of electrolytic aluminum and the impact of environmental protection expectations, the price of electrolytic aluminum reached a maximum of 17,090 yuan/ton in 2017, and the inventory of electrolytic aluminum once reached a historical high of 1.8 million tons. Wang Daobin, a researcher at Huashang Fund, further analyzed that from the comparison of the stock prices of most electrolytic aluminum sector companies and electrolytic aluminum futures prices, it can be seen that the stock prices of electrolytic aluminum sector companies are greatly affected by the policy this year, and the stock prices are basically synchronized with the electrolytic aluminum futures prices.
WIND data show that as of now, the global LME aluminum inventory has fallen from 5.4 million tons to 1.2 million tons; while domestic aluminum prices have risen due to policy-driven aluminum prices in the early stage, the operating rate of electrolytic aluminum plants has continued to hit new highs, and domestic aluminum inventories have also continued to rise. However, affected by the decline in aluminum prices in December 19, electrolytic aluminum inventories in major markets across the country were 1.671 million tons, down 32,000 tons from the beginning of the month. In terms of prices, electrolytic aluminum prices have also stabilized at a low level recently. Wang Daobin, a researcher at Huashang Fund, believes that based on the statistics of supply and demand balance at home and abroad, policy factors such as superimposed environmental protection and production restrictions, domestic inventory, and indicators such as demand-side operating rates, domestic aluminum inventory and supply have declined, while overseas aluminum companies The degree of expansion is also limited., the fundamentals of the whole industry are good, and aluminum prices may usher in an upward trend in the future, and the valuations of some electrolytic aluminum companies have also begun to repair.
As for the investment opportunities extended to the entire non-ferrous sector, Wang Daobin, a researcher at Huashang Fund, suggested that three aspects can be paid attention to in the next year: First, the new energy sector (lithium and cobalt sectors): If there is a pullback in new energy, the new energy sector can be deployed if there is no problem in judging the prosperity. Second, the rare earth permanent magnet sector: next year may be the year of wind power investment. If wind power investment increases, then rare earth permanent magnets will benefit from it, so you can pay attention to the related targets of the rare earth permanent magnet sector. The third is to pay attention to investment targets with internationally priced commodities: the European and American economies recover strongly, and commodities with global pricing such as copper and aluminum will benefit.
Last night, Shanghai futures aluminum rose 140 yuan, and it is expected that the Yangtze River spot will rise slightly today.
Jiangsu Jinhui Color Coated Aluminum Coil Information: WIND data shows that as of December 28, the base metal index has risen by 19.55% this year, and electrolytic aluminum is a hot topic in class A share investment this year. Wang Daobin, a researcher at Huashang Fund, said that in 2016, with the smooth advancement of the supply-side reform of the coal and steel industries, the profitability of the industry has recovered rapidly, which will undoubtedly give the electrolytic aluminum companies that have been losing money all year round the hope of seeing an inflection point in the industry. With the active promotion of state-owned enterprises, the supply-side reform of electrolytic aluminum kicked off. Stimulated by the supply-side reform policy of electrolytic aluminum and the expected impact of environmental protection, the price of electrolytic aluminum in 2017
1. The most vigorous Mid-Autumn Festival poem - "Looking at the Moon and Huaiyuan" (Tang Zhang Jiuling) The bright moon is born at sea, and the world is at this time. Lovers complain about the distant night, but they start to miss each other at night. Candles are full of pity, and I feel dewy when I wear clothes. I can't bear to give it away, and I still dream of a good time. Comments: Zhang Jiuling is a famous figure of the Tang Dynasty. He was ostracized by traitors and relegated to Jingzhou. On the night of the Mid-Autumn Festival, I miss the distance, so I wrote this poem. The poem has a strong and broad artistic conception, strong bones, but sincere emotions, especially the first two sentences have long been famous sentences for ages. 2. The loneliest Mid-Autumn Festival poem - "Fifteen Nights Looking at the Moon" (Tang Wangjian) In the atrium, the white trees perch on crows, and the cold dew and silent wet osmanthus flowers. Tonight, the moon is bright and people are looking forward to it,
On the river and the sky are the dashing twilight rains, and the autumn is washed away. The frost and the wind are tight, the river is deserted, and the building is shimmering. It is a place where the red is fading and the green is fading, and the scenery is fading. There is only the water of the Yangtze River, which flows eastward without words. I can't bear to climb high and far away, I look at my hometown in the distance, and it is difficult to return to my thoughts. I sigh over the traces of the past few years, what is it that has been so difficult to drown? I miss a beautiful woman, I look at the makeup tower for a long time, I miss a few times, and I know how to return to the boat in the sky. Strive to know me, leaning on the pole, I am so worried!
The rain is bleak, burning an incense, lighting a cup of tea, holding a volume of books, and between the lines of the Book of Songs, feel the earliest romance of mankind~ 1. There is a beautiful person, clear and gentle. Encounters and encounters are suitable for my wishes. - Translation of "The Book of Songs · Zheng Feng · Ye Has Vine Grass": The countryside is green and green, covered with dewdrops and crystal clear. There is a beautiful girl whose eyebrows are looking forward to conveying love, which made me fall in love at first sight. 2. Jianjia is pale, and white dew is frost. The so-called Yiren is on the side of the water. - Translation of "Book of Songs, National Wind, Qin Feng, Jianjia": The reeds are green and green, and the dew condenses into frost. The sweetheart you love is on the other side of the water. 3. He is desolate, not seeing each other for a day is like three autumns
The Double Ninth Festival (also known as: Old Man's Day), on the ninth day of the ninth month of the lunar calendar every year, is a traditional festival of the Han nationality. Because the "Book of Changes" sets "six" as the yin number and "nine" as the yang number, on September 9th, the sun and the moon are combined with the yang, and the two nines are heavy, so it is called the Double Ninth Festival, also called the Double Ninth Festival. The Double Ninth Festival was formed as early as the Warring States Period. In the Tang Dynasty, the Double Ninth Festival was officially designated as a folk festival, and it has been followed by successive dynasties since then. There is a folk custom of climbing high on this day, so the Double Ninth Festival is also called the "Ascending Festival", in addition to the Dogwood Festival, Chrysanthemum Festival and other sayings. When people celebrate the Double Ninth Festival, they usually climb high, enjoy chrysanthemums, drink chrysanthemum wine, put dogwood, and eat cakes. In addition,