Compared with the Shanghai Composite Index, non-ferrous metals price volatility, greater agency is optimistic about the reasons for non-ferrous commodity prices continued to rise, the global economic recovery, demand-driven price increases caused by market, will improve the performance of non-ferrous metals company.
just across the Chinese New Year of the attitude of the market quietly colored plates changed from before the holiday
Wind Information data show that, as of February 18, near the 5th largest net inflow of capital are non-ferrous metals sector, financial services and extractive industries.
Indeed, since January 26 to February 17, the Shanghai index rebounded 9.32%, non-ferrous metal sector collective surge in share prices of listed companies, such as the Tin shares (000960.SZ), Yunnan Aluminum Shares (000807.SZ) rose 37.03% and 21.05%, the performance is better than 17% increase over the same period Jiangxi Copper (600362.SH).
performance between different varieties of color, refraction is the transfer of investment preferences. Over the past year have reaped the profits for investors over the copper and gold, has been seen as a species at risk; and past performance is not eye-catching, at a relatively low price of lead, zinc, tin, aluminum and other varieties, is considered to be more investment value.
grab chips
2 15, National Bureau of Statistics announced in January CPI rose 4.9%, lower than the market had expected 5.4%. With the publication of the data, the market began to grab the high flexibility of the colored varieties.
price volatility. February 15, a fund manager in Shenzhen in the morning, after shares rose 4% still buy some aluminum stock quickly.
also concerned about the funds from the perspective of compensatory growth colored plate. During the Spring Festival, LME copper, tin prices hit a new high again, nickel, aluminum prices have staged a new high, lead and zinc prices also rose sharply. However, before the market opened after the holiday, the central bank raise interest rates move so that funds can not market speculation colored.
. But more participating institutions that better than expected economic recovery in Europe and America, will become the engine of rising metal prices.
Industry researchers think that the global recovery, driven by better than expected,
also institutions from the perspective of mobile multi-commodities. will not change the momentum of rise.
from the present situation, the United States will not recover in the short term liquidity. January 26, 2011 Fed rate decision and policy statement for the first time, interest rates unchanged and to maintain constant the second round of the quantitative easing program, with the market expectations.
controversial upside
strength.
Shanghai fund manager at a large company takes a similar view. In other words, non-ferrous prices
policy changes and a lot of fund managers is a factor of concern. ,
agency is optimistic about the reasons for non-ferrous commodity prices continued to rise, the global economic recovery, demand-driven price increases caused by market, will improve the performance of non-ferrous metals company.
the basis for making investment no longer colored. But he is still confident that the domestic government will not sacrifice economic growth to control the cost of inflation, U.S. policy should not rush to exit.
and investment portfolio managers Du Changjiang also think that domestic demand is not very strong, The demand is weaker.
based on these two factors, Du Changjiang of the judge, In his view, the market is a short-term pursuit of more monetary phenomenon colored, on the grounds that the flexibility of color better than the broader market.
promising lead, zinc, tin, aluminum
only chance to rebound or big reversal? Bodies at loggerheads over, but their participation in the choice of species is relatively consistent, generally optimistic about the lead, zinc , tin, aluminum, which in 2010 were significantly different investment preferences.
2010, the institutional investors is the currency attribute value color and metal properties, known as the But in 2011, most institutions began to abandon these two species.
functions will be under pressure because of its supply of properties directly affect the price high and demand,
researchers in this view, the current copper price is not cheap, not much room to rise trend. In contrast, the probability of falling prices higher than other metals. Furthermore,
Although not optimistic about the copper and gold, but the researchers on the lead, zinc, tin, aluminum and the opportunities are quite good. , as long as prices rose slightly, there will be significant improvement in performance.
to aluminum, for example, over the past 3 years, aluminum has not been optimistic about the metal. Currently, copper is almost 4 times the price of aluminum for the highest level on record.
According to the British ) and Deutsche Bank (Deutsche Bank) have also been turned bullish. Even hedge funds are beginning to buy aluminum to sell copper.
more importantly, the market supply and demand balance for aluminum shift in thinking.
demand, The supply areas, analysts expect domestic aluminum production in 2011 dropped significantly to an annual rate of decline from about 17.5 million tons to 1450 tons.
Xian-Feng Wu, chairman of private equity assets in the Dragon's close attention to the involvement of non-ferrous metals opportunities. The price boom. Specific to the sub-species, Xian-Feng Wu said, the main advantage of promising companies that have the resources, such as Yunlvgufen, Tin shares and so on.
(This article Source: China Business News)
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