๊ฒŒ์‹œ๋จ: Apr 29, 2024 08:22
ใ€Guotai Junan: Under Tight Supply, Germanium Prices Are Expected to Open an Upswing Cycleใ€‘According to a research report by Guotai Junan Securities, in recent years, major global suppliers have begun to attach importance to the strategic resource significance of germanium and gradually protected and controlled its resources. The supply of germanium is relatively rigid, and under the demand pull, the central germanium price has already increased. Currently, the global geopolitical situation is turbulent, and the demand for military infrared germanium may rapidly increase. In addition, the demand for photovoltaic germanium in satellite applications and optical fiber germanium in the field of communication is strong, which may increase the supply gap of germanium. As a variety with a large price increase in each cycle, germanium metal currently has a high upside potential, and the sector is ushering in a layout opportunity.

๋ฐ์ดํ„ฐ ์ถœ์ฒ˜ ์„ค๋ช…: ๊ณต๊ฐœ ์ •๋ณด๋ฅผ ์ œ์™ธํ•œ ๋ชจ๋“  ๋ฐ์ดํ„ฐ๋Š” SMM์ด ๊ณต๊ฐœ ์ •๋ณด, ์‹œ์žฅ ์ปค๋ฎค๋‹ˆ์ผ€์ด์…˜ ๋ฐ SMM ๋‚ด๋ถ€ ๋ฐ์ดํ„ฐ๋ฒ ์ด์Šค ๋ชจ๋ธ์„ ๊ธฐ๋ฐ˜์œผ๋กœ ๊ฐ€๊ณตํ•œ ๊ฒƒ์ž…๋‹ˆ๋‹ค. ๋ณธ ์ž๋ฃŒ๋Š” ์ฐธ๊ณ ์šฉ์ด๋ฉฐ ์˜์‚ฌ๊ฒฐ์ • ๊ถŒ๊ณ ๋ฅผ ๊ตฌ์„ฑํ•˜์ง€ ์•Š์Šต๋‹ˆ๋‹ค.

๋ฌธ์˜ ์‚ฌํ•ญ์ด ์žˆ๊ฑฐ๋‚˜ ์ž์„ธํ•œ ์ •๋ณด๋ฅผ ์›ํ•˜์‹œ๋ฉด ์•„๋ž˜๋กœ ์—ฐ๋ฝํ•ด ์ฃผ์‹œ๊ธฐ ๋ฐ”๋ž๋‹ˆ๋‹ค: lemonzhao@smm.cn
๋ฆฌ์„œ์น˜ ๋ณด๊ณ ์„œ ์—ด๋žŒ ๋ฐฉ๋ฒ•์— ๋Œ€ํ•œ ์ž์„ธํ•œ ๋‚ด์šฉ์€ ์•„๋ž˜๋กœ ๋ฌธ์˜ํ•˜์‹œ๊ธฐ ๋ฐ”๋ž๋‹ˆ๋‹ค:service.en@smm.cn
๊ด€๋ จ ๋‰ด์Šค
๋งˆ๊ทธ๋„ค์Š˜ ๊ฐ€๊ฒฉ 3๊ฑฐ๋ž˜์ผ ์—ฐ์† ์ƒ์Šน! ์›๊ฐ€ ์ธก๋ฉด์€ ์—ฌ์ „ํžˆ '๋œจ๊ฒ๊ฒŒ ํƒ€์˜ค๋ฅด๋Š”' ๋ฐ˜๋ฉด ์ˆ˜์š” ์ธก๋ฉด์€ ๋ฐ”ํ†ต์„ ์ด์–ด๋ฐ›๊ธฐ ์–ด๋ ค์›Œ [SMM ๋…ผํ‰]
1์‹œ๊ฐ„ ์ „
๋งˆ๊ทธ๋„ค์Š˜ ๊ฐ€๊ฒฉ 3๊ฑฐ๋ž˜์ผ ์—ฐ์† ์ƒ์Šน! ์›๊ฐ€ ์ธก๋ฉด์€ ์—ฌ์ „ํžˆ '๋œจ๊ฒ๊ฒŒ ํƒ€์˜ค๋ฅด๋Š”' ๋ฐ˜๋ฉด ์ˆ˜์š” ์ธก๋ฉด์€ ๋ฐ”ํ†ต์„ ์ด์–ด๋ฐ›๊ธฐ ์–ด๋ ค์›Œ [SMM ๋…ผํ‰]
๋” ๋ณด๊ธฐ
๋งˆ๊ทธ๋„ค์Š˜ ๊ฐ€๊ฒฉ 3๊ฑฐ๋ž˜์ผ ์—ฐ์† ์ƒ์Šน! ์›๊ฐ€ ์ธก๋ฉด์€ ์—ฌ์ „ํžˆ '๋œจ๊ฒ๊ฒŒ ํƒ€์˜ค๋ฅด๋Š”' ๋ฐ˜๋ฉด ์ˆ˜์š” ์ธก๋ฉด์€ ๋ฐ”ํ†ต์„ ์ด์–ด๋ฐ›๊ธฐ ์–ด๋ ค์›Œ [SMM ๋…ผํ‰]
๋งˆ๊ทธ๋„ค์Š˜ ๊ฐ€๊ฒฉ 3๊ฑฐ๋ž˜์ผ ์—ฐ์† ์ƒ์Šน! ์›๊ฐ€ ์ธก๋ฉด์€ ์—ฌ์ „ํžˆ '๋œจ๊ฒ๊ฒŒ ํƒ€์˜ค๋ฅด๋Š”' ๋ฐ˜๋ฉด ์ˆ˜์š” ์ธก๋ฉด์€ ๋ฐ”ํ†ต์„ ์ด์–ด๋ฐ›๊ธฐ ์–ด๋ ค์›Œ [SMM ๋…ผํ‰]
1์‹œ๊ฐ„ ์ „
TiO2 ์‹œ์žฅ์€ ์—ฌ์ „ํžˆ ์นจ์ฒด๋˜์–ด ์žˆ์œผ๋ฉฐ, ๊ณต๊ธ‰ ๊ฒฉ์ฐจ๊ฐ€ ์ง€์†๋˜๋Š” ๊ฐ€์šด๋ฐ ๊ฐ€๊ฒฉ์€ ์™„๋งŒํ•˜๊ฒŒ ์ƒ์Šนํ•˜๊ณ  ์žˆ๋‹ค [SMM ํ‹ฐํƒ€๋Š„ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค]
2์‹œ๊ฐ„ ์ „
TiO2 ์‹œ์žฅ์€ ์—ฌ์ „ํžˆ ์นจ์ฒด๋˜์–ด ์žˆ์œผ๋ฉฐ, ๊ณต๊ธ‰ ๊ฒฉ์ฐจ๊ฐ€ ์ง€์†๋˜๋Š” ๊ฐ€์šด๋ฐ ๊ฐ€๊ฒฉ์€ ์™„๋งŒํ•˜๊ฒŒ ์ƒ์Šนํ•˜๊ณ  ์žˆ๋‹ค [SMM ํ‹ฐํƒ€๋Š„ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค]
๋” ๋ณด๊ธฐ
TiO2 ์‹œ์žฅ์€ ์—ฌ์ „ํžˆ ์นจ์ฒด๋˜์–ด ์žˆ์œผ๋ฉฐ, ๊ณต๊ธ‰ ๊ฒฉ์ฐจ๊ฐ€ ์ง€์†๋˜๋Š” ๊ฐ€์šด๋ฐ ๊ฐ€๊ฒฉ์€ ์™„๋งŒํ•˜๊ฒŒ ์ƒ์Šนํ•˜๊ณ  ์žˆ๋‹ค [SMM ํ‹ฐํƒ€๋Š„ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค]
TiO2 ์‹œ์žฅ์€ ์—ฌ์ „ํžˆ ์นจ์ฒด๋˜์–ด ์žˆ์œผ๋ฉฐ, ๊ณต๊ธ‰ ๊ฒฉ์ฐจ๊ฐ€ ์ง€์†๋˜๋Š” ๊ฐ€์šด๋ฐ ๊ฐ€๊ฒฉ์€ ์™„๋งŒํ•˜๊ฒŒ ์ƒ์Šนํ•˜๊ณ  ์žˆ๋‹ค [SMM ํ‹ฐํƒ€๋Š„ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค]
[SMM ํ‹ฐํƒ€๋Š„ ํ˜„๋ฌผ ์†๋ณด: ์ด์‚ฐํ™”ํ‹ฐํƒ€๋Š„ ์‹œ์žฅ ์นจ์ฒด ์ง€์†, ๊ณต๊ธ‰ ์ฐจ๋ณ„ํ™” ์† ๊ฐ€๊ฒฉ ์™„๋งŒํ•œ ์ƒ์Šน] 9์›” 2์ผ SMM ์ด์‚ฐํ™”ํ‹ฐํƒ€๋Š„ ์ง€์ˆ˜๋Š” 14,080์œ„์•ˆ/ํ†ค์œผ๋กœ ์ „ ๋“ฑ๊ธ‰ ํ˜ธ๊ฐ€๊ฐ€ ๋ณดํ•ฉ์„ธ๋ฅผ ๋ณด์˜€๋‹ค. ์‹œ์žฅ์—์„œ๋Š” ๊ณต๊ธ‰ ์ธก ํ™”๋ฌผ ์ฐจ๋ณ„ํ™”๊ฐ€ ๋šœ๋ ทํ–ˆ์œผ๋ฉฐ, ์ผ๋ถ€ ๊ธฐ์—…์€ ์žฌ๊ณ  ์†Œ์ง„์„ ์œ„ํ•ด ํ• ์ธ ํŒ๋งค์— ๋‚˜์„ฐ๋‹ค. ํ•˜๋ฅ˜ ์ˆ˜์š”๋Š” ์—ฌ์ „ํžˆ ์•ฝ์„ธ๋กœ ์ง‘์ค‘์ ์ธ ์žฌ๊ณ  ๋ณด์ถฉ์€ ์•„์ง ๋‚˜ํƒ€๋‚˜์ง€ ์•Š์•˜๊ณ , ๊ฐ€๊ฒฉ ์กฐ์ •์˜ ์‹คํšจ์„ฑ์€ ๊ฒ€์ฆ์ด ํ•„์š”ํ•˜๋‹ค. ๋‹จ๊ธฐ์ ์œผ๋กœ ๊ฐ€๊ฒฉ์€ ํšก๋ณดํ•  ๊ฒƒ์œผ๋กœ ์˜ˆ์ƒ๋œ๋‹ค.
2์‹œ๊ฐ„ ์ „
[SMM ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค] ์›๊ฐ€ ์ง€์ง€๋กœ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์‹œ์„ธ ์ƒ์Šน, ๊ตญ๋‚ด์™ธ ์ˆ˜์š” ๋ถ€์ง„์œผ๋กœ ๋ณดํ•ฉ์„ธ ์ „๋ง
2์‹œ๊ฐ„ ์ „
[SMM ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค] ์›๊ฐ€ ์ง€์ง€๋กœ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์‹œ์„ธ ์ƒ์Šน, ๊ตญ๋‚ด์™ธ ์ˆ˜์š” ๋ถ€์ง„์œผ๋กœ ๋ณดํ•ฉ์„ธ ์ „๋ง
๋” ๋ณด๊ธฐ
[SMM ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค] ์›๊ฐ€ ์ง€์ง€๋กœ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์‹œ์„ธ ์ƒ์Šน, ๊ตญ๋‚ด์™ธ ์ˆ˜์š” ๋ถ€์ง„์œผ๋กœ ๋ณดํ•ฉ์„ธ ์ „๋ง
[SMM ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ํ˜„๋ฌผ ์ต์Šคํ”„๋ ˆ์Šค] ์›๊ฐ€ ์ง€์ง€๋กœ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์‹œ์„ธ ์ƒ์Šน, ๊ตญ๋‚ด์™ธ ์ˆ˜์š” ๋ถ€์ง„์œผ๋กœ ๋ณดํ•ฉ์„ธ ์ „๋ง
[์›๊ฐ€ ์ง€์ง€๋กœ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์‹œ์„ธ ์ƒ์Šน; ๊ตญ๋‚ด์™ธ ์ˆ˜์š” ์•ฝ์„ธ๋กœ ๊ฐ€๊ฒฉ ํšก๋ณด ์ „๋ง] ํ‘ธ๊ตฌ ์ง€์—ญ ๋งˆ๊ทธ๋„ค์Š˜ ์ž‰๊ณณ ์ฃผ๋ฅ˜ ์‹œ์„ธ๋Š” 16,050~16,150์œ„์•ˆ/ํ†ค, FOB ๊ฐ€๊ฒฉ์€ 2,280~2,380๋‹ฌ๋Ÿฌ/ํ†ค์ด๋‹ค. ๊ตญ๋‚ด ์ƒ์‚ฐ์—…์ฒด๋“ค์€ ์›๊ฐ€ ์ง€์ง€๋ฅผ ๋ฐ”ํƒ•์œผ๋กœ ๊ฐ€๊ฒฉ์„ ์ ๊ทน ์œ ์ง€ํ•˜๊ณ  ์žˆ์œผ๋‚˜, ํ•˜๋ฅ˜ ๊ตฌ๋งค๋Š” ์—ฌ์ „ํžˆ ์‹ ์ค‘ํ•˜๊ณ  ๊ณ ๊ฐ€ ๊ฑฐ๋ž˜๋Š” ์„ฑ์‚ฌ๋˜๊ธฐ ์–ด๋ ต๋‹ค. ํ•ด์™ธ ์‹œ์žฅ์€ ์ค‘๊ตญ๊ณผ ์—ฐ๋™๋˜์–ด ์ˆ˜๋™์ ์œผ๋กœ ์ƒ์Šนํ•˜๊ณ  ์žˆ์„ ๋ฟ, ์ค‘๊ตญ ์™ธ ์ง€์—ญ์˜ ์ˆ˜์š”๋Š” ์‹ค์งˆ์ ์ธ ๊ฐœ์„ ์ด ์—†๋‹ค. ๋งˆ๊ทธ๋„ค์Š˜ ๊ฐ€๊ฒฉ์€ ๋‹จ๊ธฐ์ ์œผ๋กœ ์ผ์ • ๋ฒ”์œ„ ๋‚ด์—์„œ ํšก๋ณดํ•  ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๋‹ค.
2์‹œ๊ฐ„ ์ „
ใ€Guotai Junan: Under Tight Supply, Germanium Prices Are Expected to Op - Shanghai Metals Market (SMM)