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华福证券:化工供给侧约束有望提高行业盈利中枢

Securities Times ·  Mar 20 21:15

证券时报网讯,华福证券研报指出,化工供给侧约束有望提高行业盈利中枢,利好龙头。随着节能减排新政的逐步落地,以能效水平为衡量基准逐步实现对低效产能的改造及出清,形成对炼油、煤化工上游等高耗能行业的供给侧约束。中长期看,相应的行业盈利中枢有望逐步上行,而能效优胜劣汰机制下,乙二醇、纯碱、电石、磷肥等行业龙头公司有望长期受益。

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