629 lines
26 KiB
HTML
629 lines
26 KiB
HTML
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<!DOCTYPE html>
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<html lang="zh-CN">
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<head>
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<meta charset="utf-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
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<title>钨金属行业洞察报告</title>
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<link href="https://fonts.googleapis.com/css?family=Inter:300,400,500,600,700,800" rel="stylesheet" />
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<link href="https://cdn.jsdelivr.net/npm/tailwindcss@2.2.19/dist/tailwind.min.css" rel="stylesheet">
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<link href="https://cdn.jsdelivr.net/npm/daisyui@5" rel="stylesheet" type="text/css" />
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<link href="https://cdn.jsdelivr.net/npm/daisyui@5/themes.css" rel="stylesheet" type="text/css" />
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<script src="https://kit.fontawesome.com/1d2b6c4f81.js" crossorigin="anonymous"></script>
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<script src="https://cdn.jsdelivr.net/npm/tsparticles@3/tsparticles.bundle.min.js"></script>
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<script src="https://cdnjs.cloudflare.com/ajax/libs/three.js/r134/three.min.js"></script>
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<script src="https://cdnjs.cloudflare.com/ajax/libs/vanta/0.5.24/vanta.waves.min.js"></script>
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<style>
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@import url('https://fonts.googleapis.com/css2?family=Noto+Sans+SC:wght@300;400;500;700;900&display=swap');
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body {
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font-family: 'Noto Sans SC', 'Inter', sans-serif;
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background: linear-gradient(135deg, #0f172a 0%, #1e293b 100%);
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color: #e2e8f0;
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}
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.section-title {
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position: relative;
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display: inline-block;
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margin-bottom: 1.5rem;
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}
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.section-title::after {
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content: '';
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position: absolute;
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bottom: -8px;
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left: 0;
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width: 60px;
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height: 4px;
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background: linear-gradient(90deg, #3b82f6, #8b5cf6);
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border-radius: 2px;
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}
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.timeline-item {
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position: relative;
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padding-left: 30px;
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margin-bottom: 20px;
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}
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.timeline-item::before {
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content: '';
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height: calc(100% + 10px);
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background: #334155;
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.timeline-item:last-child::after {
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backdrop-filter: blur(10px);
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border: 1px solid rgba(71, 85, 105, 0.3);
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transition: all 0.3s ease;
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.card:hover {
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transform: translateY(-5px);
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box-shadow: 0 10px 25px rgba(0, 0, 0, 0.3);
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}
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.highlight {
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background: linear-gradient(120deg, rgba(59, 130, 246, 0.2) 0%, rgba(139, 92, 246, 0.2) 100%);
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padding: 2px 6px;
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border-radius: 4px;
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font-weight: 600;
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}
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table {
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width: 100%;
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border-collapse: collapse;
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th, td {
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padding: 12px 15px;
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text-align: left;
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border-bottom: 1px solid rgba(71, 85, 105, 0.3);
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th {
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font-weight: 600;
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tr:hover {
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background-color: rgba(51, 65, 85, 0.3);
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}
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.tag {
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display: inline-block;
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padding: 4px 10px;
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border-radius: 20px;
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font-size: 0.75rem;
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margin-right: 6px;
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background-color: rgba(139, 92, 246, 0.2);
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.tag-green {
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background-color: rgba(16, 185, 129, 0.2);
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color: #6ee7b7;
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.tag-amber {
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background-color: rgba(245, 158, 11, 0.2);
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color: #fcd34d;
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}
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#particles-js {
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position: fixed;
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width: 100%;
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height: 100%;
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top: 0;
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left: 0;
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z-index: -1;
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}
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@media (max-width: 768px) {
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.card {
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margin-bottom: 1rem;
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}
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table {
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font-size: 0.875rem;
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}
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th, td {
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padding: 8px 10px;
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}
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}
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</style>
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</head>
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<body>
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<div id="particles-js"></div>
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<div class="container mx-auto px-4 py-8 max-w-6xl">
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<!-- 头部标题 -->
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<div class="text-center mb-12">
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<h1 class="text-4xl md:text-5xl font-bold mb-4 bg-clip-text text-transparent bg-gradient-to-r from-blue-400 to-purple-500">
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钨金属行业洞察报告
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</h1>
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<p class="text-lg text-slate-300 max-w-3xl mx-auto">
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钨金属正处于"政策收紧+供需错配"驱动的基本面主升浪初期，中国通过出口管制和开采配额强化战略定价权，海外短缺已成定局。
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</p>
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</div>
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<!-- 概念事件时间线 -->
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<div class="card rounded-xl p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 section-title">概念事件时间线</h2>
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<div class="space-y-4">
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<div class="timeline-item">
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<div class="text-blue-400 font-semibold">2024年12月1日</div>
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<p class="mt-1">《中华人民共和国两用物项出口管制清单》正式实施，<span class="highlight">钨初级产品出口需许可证</span>，直接收紧海外供应。</p>
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</div>
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<div class="timeline-item">
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<div class="text-blue-400 font-semibold">2025年2月4日</div>
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<p class="mt-1">商务部、海关总署宣布对钨、碲、铋等战略金属实施出口管制，<span class="highlight">仲钨酸铵（APT）、碳化钨、钨合金等核心品类被纳入管制清单</span>。</p>
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</div>
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<div class="timeline-item">
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<div class="text-blue-400 font-semibold">2025年4月21日</div>
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<p class="mt-1">自然资源部下达2025年第一批钨矿开采指标<span class="highlight">5.8万吨（同比-6.45%）</span>，江西主产区降幅超10%，供给端进一步收缩。</p>
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</div>
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<div class="timeline-item">
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<div class="text-blue-400 font-semibold">2025年5月</div>
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<p class="mt-1">欧盟启动<span class="highlight">10万吨钨战略储备招标</span>（首批3万吨占全球消费量15%），海外现货升水率飙升至8%，全球资源争夺战白热化。</p>
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</div>
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<div class="timeline-item">
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<div class="text-blue-400 font-semibold">2025年5月7日</div>
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<p class="mt-1">钨粉均价达<span class="highlight">32.4万元/吨（较年初+12%）</span>，创近三年新高，呈现"矿端领涨、全产业链跟涨"格局。</p>
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</div>
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</div>
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</div>
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<!-- 核心观点摘要 -->
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<div class="card rounded-xl p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 section-title">核心观点摘要</h2>
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<div class="bg-gradient-to-r from-blue-900/30 to-purple-900/30 rounded-lg p-5 border border-blue-500/30">
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<p class="text-lg leading-relaxed">
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钨金属正处于<span class="highlight">"政策收紧+供需错配"</span>驱动的基本面主升浪初期，中国通过出口管制和开采配额强化战略定价权，海外短缺已成定局。
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</p>
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<p class="text-lg leading-relaxed mt-3">
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<span class="highlight">核心驱动力</span>：供给端（中国占全球83%产量）的刚性收缩（开采指标连降+品位下滑）与需求端（军工+光伏钨丝+设备更新）的结构性爆发形成剪刀差，价格中枢有望长期上移。
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</p>
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</div>
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</div>
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<!-- 核心驱动力 -->
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6 mb-8">
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<div class="card rounded-xl p-6">
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<h3 class="text-xl font-bold mb-4 text-blue-400">供给端：三重刚性约束</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<span class="text-blue-400 mr-2">•</span>
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<span><span class="highlight">政策配额</span>：2025年第一批钨矿开采指标5.8万吨（同比-6.45%），连续两年负增长，江西等主产区降幅超10%。</span>
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</li>
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<li class="flex items-start">
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<span class="text-blue-400 mr-2">•</span>
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<span><span class="highlight">资源枯竭</span>：中国钨矿平均品位从2004年的0.42%降至2024年的0.28%，在产矿山产量负增长（2024年前10个月下滑9%）。</span>
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</li>
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<li class="flex items-start">
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<span class="text-blue-400 mr-2">•</span>
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<span><span class="highlight">海外增量有限</span>：哈萨克斯坦巴库塔钨矿（2025年Q2投产，年产能1.5万吨）和韩国桑东钨矿（2025年复产，年产能3600吨）合计增量不足全球需求的5%，远难弥补中国出口缺口。</span>
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</li>
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</ul>
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</div>
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<div class="card rounded-xl p-6">
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<h3 class="text-xl font-bold mb-4 text-purple-400">需求端：三大新兴引擎</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<span class="text-purple-400 mr-2">•</span>
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<span><span class="highlight">军工</span>：美国20%钨用于军工（穿甲弹、导弹），F-35战机穿甲弹订单同比+300%，地缘冲突加剧钨消耗。</span>
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</li>
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<li class="flex items-start">
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<span class="text-purple-400 mr-2">•</span>
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<span><span class="highlight">光伏钨丝</span>：厦门钨业2024年光伏钨丝销量1354亿米（+56%），全球渗透率预计从2024年的40%提升至2027年的60%，对应钨金属需求8640吨。</span>
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</li>
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<li class="flex items-start">
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<span class="text-purple-400 mr-2">•</span>
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<span><span class="highlight">设备更新</span>：中国2024年大规模设备更新政策（年投资超5万亿）拉动机床、挖掘机需求，硬质合金（占钨需求58%）直接受益。</span>
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</li>
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</ul>
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</div>
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</div>
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<!-- 市场热度与情绪 -->
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<div class="card rounded-xl p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 section-title">市场热度与情绪</h2>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
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<div class="bg-slate-800/50 rounded-lg p-4 text-center">
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<div class="text-3xl font-bold text-blue-400 mb-2">300%</div>
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<div class="text-slate-300">新闻提及量增长</div>
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<div class="text-sm text-slate-400 mt-1">2024年11月-2025年5月</div>
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</div>
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<div class="bg-slate-800/50 rounded-lg p-4 text-center">
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<div class="text-3xl font-bold text-purple-400 mb-2">15篇</div>
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<div class="text-slate-300">券商深度报告</div>
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<div class="text-sm text-slate-400 mt-1">2024年12月-2025年6月</div>
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</div>
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<div class="bg-slate-800/50 rounded-lg p-4 text-center">
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<div class="text-3xl font-bold text-amber-400 mb-2"><30%</div>
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<div class="text-slate-300">中游提价执行率</div>
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<div class="text-sm text-slate-400 mt-1">市场分歧点</div>
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</div>
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</div>
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</div>
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<!-- 预期差分析 -->
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<div class="card rounded-xl p-6 mb-8">
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<h2 class="text-2xl font-bold mb-6 section-title">预期差分析</h2>
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<div class="space-y-4">
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<div class="bg-gradient-to-r from-blue-900/20 to-slate-900/20 rounded-lg p-5 border-l-4 border-blue-500">
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<h3 class="font-bold text-lg mb-2 text-blue-400">市场忽略点</h3>
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<p>出口管制实际影响的是<span class="highlight">初级产品（APT、碳化钨）</span>，而高附加值产品（硬质合金刀具、光伏钨丝）出口未受限，产业链利润向上游和深加工集中。</p>
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</div>
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<div class="bg-gradient-to-r from-purple-900/20 to-slate-900/20 rounded-lg p-5 border-l-4 border-purple-500">
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<h3 class="font-bold text-lg mb-2 text-purple-400">数据验证</h3>
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<p>2025年3月中国APT出口量降至<span class="highlight">0吨</span>（2024年同期为4000吨），但硬质合金刀具出口量<span class="highlight">+73%</span>，印证产业升级逻辑。</p>
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</div>
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||
</div>
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</div>
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<!-- 关键催化剂与发展路径 -->
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6 mb-8">
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<div class="card rounded-xl p-6">
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||
<h3 class="text-xl font-bold mb-4 text-amber-400">近期催化剂（3-6个月）</h3>
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||
<ul class="space-y-3">
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<li class="flex items-start">
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<span class="text-amber-400 mr-2">•</span>
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<span><span class="highlight">2025年Q3</span>：哈萨克斯坦巴库塔钨矿投产进度（若延迟，将加剧短缺）。</span>
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||
</li>
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||
<li class="flex items-start">
|
||
<span class="text-amber-400 mr-2">•</span>
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<span><span class="highlight">2025年8月</span>：欧盟第二批钨战略储备招标（规模或超首批3万吨）。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-amber-400 mr-2">•</span>
|
||
<span><span class="highlight">2025年9月</span>：中国第二批钨矿开采指标发布（若继续缩减，将引爆价格）。</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<div class="card rounded-xl p-6">
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||
<h3 class="text-xl font-bold mb-4 text-green-400">长期发展路径</h3>
|
||
<ul class="space-y-3">
|
||
<li class="flex items-start">
|
||
<span class="text-green-400 mr-2">•</span>
|
||
<span><span class="highlight">2025-2027年</span>：中国通过出口管制推动产业链升级（初级产品出口占比从40%降至10%，高附加值产品出口占比提升至60%）。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-green-400 mr-2">•</span>
|
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<span><span class="highlight">2028年后</span>：海外矿山（如加拿大Sisson、英国Hemerdon）逐步投产，但品位低（0.066%-0.2%）+成本高（>10万元/吨），难撼动中国定价权。</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链与核心公司 -->
|
||
<div class="card rounded-xl p-6 mb-8">
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||
<h2 class="text-2xl font-bold mb-6 section-title">产业链与核心公司</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-lg font-bold mb-3 text-blue-400">产业链图谱</h3>
|
||
<div class="flex flex-wrap gap-2">
|
||
<span class="tag tag-blue">上游：钨精矿（中国储量52%、产量83%）</span>
|
||
<span class="tag tag-purple">中钨高新（柿竹园矿）</span>
|
||
<span class="tag tag-purple">章源钨业（淘锡坑矿）</span>
|
||
<span class="tag tag-purple">厦门钨业（行洛坑矿）</span>
|
||
<span class="tag tag-blue">中游：APT、钨粉</span>
|
||
<span class="tag tag-purple">厦门钨业（全球最大APT产能）</span>
|
||
<span class="tag tag-purple">中钨高新（钨粉市占率30%）</span>
|
||
<span class="tag tag-blue">下游：硬质合金、光伏钨丝</span>
|
||
<span class="tag tag-purple">中钨高新（数控刀片龙头）</span>
|
||
<span class="tag tag-purple">厦门钨业（光伏钨丝垄断）</span>
|
||
<span class="tag tag-purple">章源钨业（高端刀具）</span>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-lg font-bold mb-3 text-blue-400">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>公司</th>
|
||
<th>资源储量</th>
|
||
<th>2024年产量</th>
|
||
<th>核心逻辑</th>
|
||
<th>风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr>
|
||
<td class="font-semibold">中钨高新</td>
|
||
<td>柿竹园矿56万吨WO₃</td>
|
||
<td>钨精矿8000吨</td>
|
||
<td>资源注入+硬质合金龙头（市占率30%）</td>
|
||
<td>技改周期长（5年）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">厦门钨业</td>
|
||
<td>行洛坑等4座矿</td>
|
||
<td>钨精矿7000吨</td>
|
||
<td>光伏钨丝绝对龙头（1354亿米销量）</td>
|
||
<td>稀土业务拖累估值</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">章源钨业</td>
|
||
<td>淘锡坑等6座矿</td>
|
||
<td>钨精矿4154吨</td>
|
||
<td>全产业链+刀具高弹性（钨价涨1万→利润+3000万）</td>
|
||
<td>自给率仅20%，成本敏感</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据表格 -->
|
||
<div class="card rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 section-title">关联股票数据</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>分类</th>
|
||
<th>项目/产业链</th>
|
||
<th>资源/产能</th>
|
||
<th>产量/市值</th>
|
||
<th>资料来源</th>
|
||
<th>投资逻辑</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr>
|
||
<td class="font-semibold">中钨高新</td>
|
||
<td>钨产业</td>
|
||
<td>柿竹园矿山</td>
|
||
<td>钨资源储量56万吨，全球占比超30%</td>
|
||
<td>114</td>
|
||
<td>公司调研 搜互动</td>
|
||
<td>公司拥有柿竹园矿山100%股权，钨资源储量56万吨，占全国钨资源储量的比例超30%</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">厦门钨业</td>
|
||
<td>钨产业</td>
|
||
<td>完整钨产业链</td>
|
||
<td>钨精矿年产量约7000至8000吨</td>
|
||
<td>26</td>
|
||
<td>公司调研 搜公告</td>
|
||
<td>公司拥有完整的钨产业链，与中飞集团建立合作关系</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">洛阳钼业</td>
|
||
<td>钨产业</td>
|
||
<td>全球第二大钨生产商</td>
|
||
<td>海外资源布局（刚果（金）Tenke）</td>
|
||
<td>-</td>
|
||
<td>搜公告 网络资料</td>
|
||
<td>据产业研究，公司为全球第二大钨生产商，海外资源布局</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">章源钨业</td>
|
||
<td>钨矿</td>
|
||
<td>6座采矿权</td>
|
||
<td>探明储量30万吨，钨粉产能15000吨/年</td>
|
||
<td>44</td>
|
||
<td>公司调研 网络资料</td>
|
||
<td>公司拥有6座采矿权矿山、10个探矿权矿区，探明储量30万吨</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">翔鹭钨业</td>
|
||
<td>钨矿</td>
|
||
<td>江西翔鹭</td>
|
||
<td>矿区面积5.96平方千米，国内碳化钨市占率50%</td>
|
||
<td>-</td>
|
||
<td>2024年年报；官网、机构研报</td>
|
||
<td>控股子公司江西翔鹭拥有铁苍寨矿区钨矿采矿权</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">亚盛集团</td>
|
||
<td>钨矿</td>
|
||
<td>塔尔沟钨矿区</td>
|
||
<td>C+D级三氧化钨22.42万吨</td>
|
||
<td>-</td>
|
||
<td>搜公告</td>
|
||
<td>2012年公司拟投资全资公司开发塔尔沟钨矿区</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">广晟有色</td>
|
||
<td>钨矿</td>
|
||
<td>钨矿资源</td>
|
||
<td>证内钨矿资源6.5万吨</td>
|
||
<td>-</td>
|
||
<td>搜互动</td>
|
||
<td>公司拥有丰富的钨矿资源，证内钨矿资源6.5万吨，目前尚未开采</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">其他伴生钨矿</td>
|
||
<td>钨矿</td>
|
||
<td>伴生钨矿业务</td>
|
||
<td>-</td>
|
||
<td>-</td>
|
||
<td>搜互动</td>
|
||
<td>云南锗业、江西铜业、湖南黄金等公司涉及伴生钨矿业务</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">中国瑞林</td>
|
||
<td>钨矿设备</td>
|
||
<td>选矿工艺技术</td>
|
||
<td>新型磨矿分级系统和系列高效重选装备</td>
|
||
<td>-</td>
|
||
<td>搜公告</td>
|
||
<td>公司选矿工艺技术（包括钨矿），开发了新型磨矿分级系统</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">甘化科工</td>
|
||
<td>钨制品(军工)</td>
|
||
<td>军工业务</td>
|
||
<td>国内预制破片重要供应商</td>
|
||
<td>-</td>
|
||
<td>公司官网</td>
|
||
<td>沈阳含能是公司与兵器弹箭子集团基于军工业务板块合资合作的企业</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="font-semibold">格林美</td>
|
||
<td>钨回收</td>
|
||
<td>钨回收业务</td>
|
||
<td>2024年回收量6486吨（WC计）</td>
|
||
<td>-</td>
|
||
<td>搜互动</td>
|
||
<td>据2024年年报，公司钨回收总量达到6486吨（WC计）</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 风险与挑战 -->
|
||
<div class="card rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 section-title">潜在风险与挑战</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-red-900/20 rounded-lg p-4 border border-red-500/30">
|
||
<h3 class="font-bold text-lg mb-2 text-red-400">技术风险</h3>
|
||
<p>光伏钨丝33μm以下线径的量产良率仍待验证（厦门钨业当前良率90%，目标95%）。</p>
|
||
</div>
|
||
<div class="bg-amber-900/20 rounded-lg p-4 border border-amber-500/30">
|
||
<h3 class="font-bold text-lg mb-2 text-amber-400">商业化风险</h3>
|
||
<p>硬质合金刀具提价困难（2024年核心企业提价函执行率<30%），中游利润被挤压。</p>
|
||
</div>
|
||
<div class="bg-blue-900/20 rounded-lg p-4 border border-blue-500/30">
|
||
<h3 class="font-bold text-lg mb-2 text-blue-400">政策风险</h3>
|
||
<p>若2025年Q4中国放松出口管制（如允许APT配额制），价格或阶段性回调。</p>
|
||
</div>
|
||
<div class="bg-purple-900/20 rounded-lg p-4 border border-purple-500/30">
|
||
<h3 class="font-bold text-lg mb-2 text-purple-400">信息矛盾</h3>
|
||
<p>研报预测2025年全球钨需求7万吨，但路演显示光伏钨丝+军工新增需求已超1万吨，存在低估可能。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="card rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-6 section-title">综合结论与投资启示</h2>
|
||
<div class="space-y-6">
|
||
<div class="bg-gradient-to-r from-blue-900/30 to-purple-900/30 rounded-lg p-5 border border-blue-500/30">
|
||
<h3 class="font-bold text-lg mb-3 text-blue-400">阶段判断</h3>
|
||
<p class="text-lg">钨金属已从<span class="highlight">主题炒作（2024年11月出口管制预期）</span>进入<span class="highlight">基本面驱动阶段（2025年Q2供需缺口显性化）</span>。</p>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="font-bold text-lg mb-3 text-purple-400">投资方向</h3>
|
||
<div class="space-y-3">
|
||
<div class="flex items-start">
|
||
<span class="tag tag-green mr-3">资源端</span>
|
||
<p><span class="highlight">中钨高新（柿竹园矿注入+硬质合金龙头）</span>，估值修复空间最大。</p>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<span class="tag tag-green mr-3">深加工</span>
|
||
<p><span class="highlight">厦门钨业（光伏钨丝垄断+全产业链）</span>，享受技术溢价。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="font-bold text-lg mb-3 text-amber-400">跟踪指标</h3>
|
||
<ul class="space-y-2">
|
||
<li class="flex items-start">
|
||
<span class="text-amber-400 mr-2">•</span>
|
||
<span><span class="highlight">月度钨精矿产量</span>（验证开采指标执行力度）。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-amber-400 mr-2">•</span>
|
||
<span><span class="highlight">光伏钨丝出货量</span>（厦门钨业月度数据）。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-amber-400 mr-2">•</span>
|
||
<span><span class="highlight">海外APT溢价率</span>（当前22%，若跌破10%则警惕需求疲软）。</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script>
|
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// 初始化粒子背景
|
||
tsParticles.load("particles-js", {
|
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fpsLimit: 60,
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|
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|
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distance: 150,
|
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enable: true,
|
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opacity: 0.3,
|
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width: 1
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|
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direction: "none",
|
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|
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|
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``` |