The world situation is turbulent, and no one knows which field will shake up next.
On March 8, the world's largest non-ferrous metals exchange London Metal Exchange decided to suspend the day's nickel trading, according to the department, metal nickel futures prices rose to 100%, breaking through the 60,000, 70,000, 80,000, 90,000, 100,000 US dollars per ton mark, two trading days a cumulative surge of 248%, continue to refresh the record high, can be described as crazy.
Nickel, a non-ferrous metal, is widely used in the production of stainless steel and new energy vehicle power batteries, and the sudden surge in the price of nickel has made analysts and investors worried about the electrification of car companies.
Morgan Stanley auto analysts have said that the price of nickel rose by 67.2% in a single day, which means that the average input cost of manufacturing each tram increased by about $1,000.
For the recent surge in nickel prices, Cui Dongshu, secretary general of the Association, believes that this will not have a big impact on domestic automobile sales.
He said that the soaring price of nickel is more of a speculative nature, and the price may fall in the short term. In addition, indonesia and other countries are major exporters of nickel, and the impact of the Russian-Ukrainian conflict is limited.
However, he also mentioned that although sales will not be affected, car companies will have to bear some pressure in terms of battery costs.
For the recent rise in raw material prices and the price increases of many new energy vehicle companies, Cui Dongshu analysis believes that these factors will not have a significant impact on the sales of new energy vehicles, "from January and February, the year-on-year growth rate of new energy vehicle sales has reached a level of about 150%. ”
On the one hand, the use of cars is a rigid demand, especially the epidemic has caused many families to switch from public transportation to private cars; on the other hand, consumers have maintained an acceptable attitude towards price increases.
According to data from the Federation of Passenger Vehicles, the retail sales of new energy vehicles nationwide in February were 272,000 units, an increase of 180.5% year-on-year and a decrease of 22.6% month-on-month; retail sales of narrow passenger cars in February were 1.246 million units, up 4.2% year-on-year and down 40% month-on-month.
According to the Association of Passenger Cars, the overall retail sales of passenger cars in February showed a strong trend, and under the unfavorable circumstances of this year's Spring Festival, which was 12 days earlier than last year, the cumulative retail sales in January and February reached 3.324 million units, a decrease of only 60,000 units compared with last year.