Nonferrous metals sector becomes one of the big winners in 2021

According to the data, as of the last trading day of 2021, Shenwan nonferrous metals sector ranked second in Shenwan industry with an annual increase of 40%, becoming one of the hottest sectors in 2021. Cinda Securities believes that the non-ferrous metal industry is ushering in the dual opportunities of new energy revolution and advanced new materials. On the one hand, the process of achieving the “double carbon” goal is also the process of enterprise Carbon Asset expansion, which drives the demand growth of new energy metals such as lithium, nickel, cobalt, copper, rare earth and silver. On the other hand, China’s new material industry is moving from large-scale development to high-quality development.

(SSE report)

 

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