OLED industry boom schedule, causing the surge in demand for ITO target material, resulting in the upstream refined indium prices continue to soar, refined indium-related stocks are about to break out, is expected to become the second day Qi, Gan Feng!
A similar logic can be understood as the outbreak of new energy vehicles, causing a surge in demand for lithium batteries, resulting in soaring lithium carbonate prices, the relevant unit 002460 002466 amazing performance!
000725 BOE amazing or amazing, the share price hit a record high
300666 Jiang Feng Electronics (64.65 + 2.93%, Clinic) and 300,706 A Shi Chong (86.77 + 10.00%, Clinic) ITO target surge, the stock is crazy up!
The basic structure of the OLED consists of a thin, transparent semiconductor with indium tin oxide (ITO), connected to the positive electrode of the power, plus another metal cathode, wrapped in a sandwich like structure.
It is well known that 75% of the ITO target materials in the display area all contain indium and indium as the basic raw materials for the ITO target, and the importance of the target for the OLED is self-evident.
The price of indium metal has risen sharply in a month. In the past month, the rate of increase has reached 40%. Wuxi electronic plate rose from 1180 to 1750 now, and the spot price rose from 1200 to 1800.
Driven by the electronic disk on Tuesday, the spot market for indium ingot was in tight supply. Stock traders covered the goods reluctantly and the market was in a state of "no goods available for purchase". In particular, the bulk cargo of tens of kilograms and even hundreds of kilograms is even more difficult to find.
600961 Zhuzhou Smelter Group (9.20 -0.76%, clinics) is the largest manufacturer of indium, also positioned as one of the world's leading indium industry, now has 160 tons / year of refined indium production, ranking first in the industry, but also has 60 tons of ITO target industrialization projects, it is worth focusing!
Multi-factor stimulus demand gap to expand ITO target material indium prices soared
Consumer data show that November 2, refined indium prices continued to rise 3.2%, reported 1600-1650 yuan / kg, up 50 yuan the previous day .In October, the investment funds into the moment the indium market detonated, refined indium prices Since October, or more than 30%, Wuxi electronic trading offer since August rose more than 60% .At present, investment funds are still in the way of non-cost procurement, resulting in spot and electronic disk prices continued to rise.
Indium has a small and very scattered distribution in the earth's crust. So far, it has not been found to be an independent deposit and is mainly associated with zinc, lead, tin and other metal ores. Therefore indium has the same features as gallium, thallium, germanium, selenium, tellurium, rhenium Etc .. Indium is used in a wide range of fields, including flat panel display, alloy, semiconductor, photovoltaic, nuclear industry and other fields.
At present, indium is mainly used in the field of flat panel display as an indium tin oxide target material.Indium is not only a basic material and a functional material involved in all aspects of national economy and national defense, but also a metal closely related to the Internet, new energy sources and energy saving The use of indium is still expanding, occupying an extremely important strategic position both in economic development and in the military reform of the national defense.
Since 2014, the domestic supply of indium has continued to shrink, imports have been reduced, consumption and exports have increased, and the surplus has dropped. This trend is even more pronounced in 2016.
Domestic production of large-size indium target will increase in volume in 2017, and direct consumption will increase faster. Domestic consumption will light the hope of sustainable development of China's indium industry in the future and become an important support force for the price of indium to plunge and seek recovery. In the case of shrinking supply and improving consumption, the price of indium has bottomed out, but the backlog of high inventories will still suppress the sustained price rebound.