港A兩地煤炭股走強 美國禁俄羅斯能源產品 國泰君安預計全球煤價仍將上漲
格隆匯3月9日丨港股方面,兗礦能源漲5.48%,蒙古能源和金馬能源漲超4%,中煤能源、煙煤澳大利亞和首鋼資源跟漲;A股方面,中國神華漲3.87%,潞安環能漲3.42%,晉控煤業、平煤股份和淮北礦業漲超2%。美國宣佈俄羅斯能源產品禁令。國泰君安研報指出,俄烏衝突持續,預計全球煤價仍將上漲且維持強勢,支撐國內價格。隨着俄烏衝突加劇,全球化石能源價格加速上漲,油價逼近120美元/桶,澳大利亞紐卡斯爾煤價達到近270美元/噸,突破2021年高點。近年來歐洲電源結構持續調整,燃機和煤電替代效益增強,天然氣價格上漲和供給不足下,德國、意大利等歐洲國家表示或將重啟煤電,替代效應將進一步提升全球對於煤炭的需求。由於全球煤炭資本開支長期低位,化石能源全球供給曲線陡峭,預計全球煤價仍將上漲且維持強勢,進一步支撐國內價格。


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