中金:长期看好铀价上行,如何把握上涨节奏?

华尔街见闻
25 Nov 2024

摘要 天然铀价格在年初冲高后持续了半年有余的震荡行情,这使市场对于铀价走势存在广泛的疑虑和分歧。本篇报告我们主要聚焦三大问题,对市场关注的主要问题进行研究和解答: 一是历史,即如何理解过去的铀价走势?我们对历史上的铀价走势进行复盘,认为铀价走势主要取决于供需两侧以及金融机构和实物库存等主要影响因素。回顾过去二十年,铀价经历了2005-2007年实物供需与金融属性共振的历史性上涨,最高达到138...

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