Copper industry or will usher in a major period of growth, exposing the investment logic behind

The following is to analyze the investment logic of copper industry from the three consumption areas of copper:

Home appliances

Household appliances are one of the main areas of copper consumption. With the improvement of residents’ consumption level, as well as the continuous popularity of new household appliances and smart household appliances, the demand for household appliances will continue to rise, while the demand for copper will rise.

New energy vehicles

Copper is the most cost-effective conductive metal. In the context of increasing permeability of electric vehicles in the future, the demand for copper will also increase significantly. According to statistics, each electric vehicle needs to consume more than 80kg of copper, 60KG more than traditional cars.

★ Wind power, photovoltaic

Power generation, transmission and energy storage are also dependent on copper. According to statistics, each G of photovoltaic power station and each G of wind power installation consumes 5,000 tons of copper resources.

Under the background of the global active promotion of new energy power generation, the future scenery power generation will gradually replace the traditional energy power generation, thus driving the explosive growth of copper demand.

To sum up, benefiting from the growth of demand for household appliances, new energy vehicles and scenery power generation, copper demand will also usher in sustained growth.

Second, Zijin Mining future is to add warehouse or surplus?

After we clear the investment logic of the copper industry, we take a look at the hot stocks in the copper industry – Zijin Mining, the afternoon is to add positions or stop profit?