Electrolytic nickel re-production of platinum industry performance recovery still need to wait

Your research Platinum (600459) subsidiary Yunsi Nickel Industry Co., Ltd. is about to be produced, however, your research platinum Industry said that the current price calculation, Yuanjiang nickel industry in the short term will not affect your platinum industry performance. According to the Bulletin of your platinum industry, Yuanjiang nickel industry will resume production in late May, the scale is about 120 tons of electrolytic nickel per month. October 1, 2008, Yuanjiang Nickel industry began to shut down for three months.　　Since then, under the influence of macroeconomic environment, nickel prices continue to be depressed, Yuanjiang nickel industry production and maintenance period is prolonged, the production period Yuanjiang nickel industry average monthly loss of 4.007 billion yuan. You research Platinum Securities Department of a staff told reporters: "Yuanjiang nickel industry will restart its full capacity, but at the current price, Yuanjiang nickel industry or not the impact of performance." But now nickel prices start to rebound, recovery needs a certain amount of preparation time, later if the price higher, it may be profitable. Guotai analyst Lin Haoxiang told reporters: "This situation initially reflects the manufacturers can accept the current nickel price, and they judged the worst is over, so decided to return to work." In April this year, foreign and domestic nickel prices rose sharply, with monthly gains of 19.18% and 17.44% respectively.　　Citic Investment analyst Zhang Fang that the main reason for the sharp rise in nickel prices is to follow copper prices out of the market; China's stainless steel industry showed signs of warming in the first quarter; speculative capital is actively involved in expecting nickel prices to rise. However, judging from the recent week, the price of nickel has a downward trend.　　During the week from May 11 to 17th, the price of nickel fell by 4.96%, the second largest among the major non-ferrous metals. Recently, there is another thing about nickel. Jean Nickel (600432) acquired the shares of Metallica minerals19.95% in Queensland, Australia, and became the company's largest shareholder.　　Through this acquisition, Jean Nickel was awarded the Metallica owned Nornico Nickel Cobalt project and the Lucky Break nickel project 100% ownership. Two things that happen within one months seem to herald a revival in the nickel metal industry, however, Lin Haoxiang also said: "Jean Nickel is a strategic investment, the nature of your platinum industry and the recovery is not the same, so the two things can not determine the future nickel price will strengthen." ”