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04

2020-11

China International Nickel and Cobalt Industry Annual Meeting Held Today Industry Insiders Says Nickel Will Present Both Supply and Demand

The 2020 China International Nickel and Cobalt Industry Annual Conference, hosted by China Nonferrous Metals Industry Association and hosted by Antaike, was held in Nanjing on November 4. Xu Aidong, executive deputy secretary-general of the Nickel Branch of the China Nonferrous Metals Industry Association and chief engineer of Beijing Antaike Information Co., Ltd., said at the meeting that since the beginning of this year, although there is an epidemic, nickel is still a more popular variety, and changes in the supply and demand side make the nickel market active. In the next few years, the fundamentals of nickel have both supply and demand characteristics. Xu Aidong analyzed that, on the one hand, although domestic nickel production has declined, nickel production in Indonesia and other places is increasing. On the other hand, thanks to the upgrading of Chinese residents' consumption, the increasing demand for stainless steel has boosted the demand for nickel; the upgrading of industrial equipment is also inseparable from the use of nickel; in addition, the new energy vehicle market continues to develop, and high nickel ternary batteries are popular The technical direction is expected to continue to boost nickel demand.

2020-11-04

08

2020-05

In January-March 2020, the production and operation of the non-ferrous metals industry was generally stable, but affected by the new coronary pneumonia epidemic, industry efficiency and investment decreased year-on-year, and development confidence was insufficient.

From January to March 2020, the production and operation of the non-ferrous metals industry was generally stable, but due to the impact of the new coronary pneumonia epidemic, industry efficiency and investment decreased year-on-year, and development confidence was insufficient. From January to March, the non-ferrous industry realized a profit of 15.5 billion billion yuan, down 31.5 percent from a year earlier. Among them, the mining and processing industries realized profits of 5 billion yuan and 4.9 billion yuan, down 34.4 percent and 42.4 percent respectively from the same period last year, while the smelting industry realized profits of 5.6 billion yuan, up 2.2 percent from the same period last year. The non-ferrous association's March non-ferrous metal sentiment index 16.6, in the cold range, the first quarter industry business confidence index 44.8, down 4 basis points from the fourth quarter of 2019, at a three-year low.

2020-05-08

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