推薦產(chǎn)品
3-(4-chlorophenyl)-4-phenyl-4,5-dihydro-1H-pyrazole 2-(chloromethyl)-3-methylpyridinehydrochloride 1-(2-bromo-4-methylphenyl)ethanone 3-chloroisoquinoline-4-carbonitrile 5,8-dichloropyrido[3,2-d]pyridazine 2-bromomalononitrile 2-(4-(bromomethyl)phenyl)benzo[d]thiazole 1-(bromomethyl)-3-methoxy-2-nitrobenzene 6-bromo-1H-[1,2,3]triazolo[4,5-b]pyridine 4-iodo-2-((trimethylsilyloxy)methyl)thiazole 6-iodoimidazo[1,2-a]pyridine-3-carbonitrile 2-(4-chlorophenyl)-2-morpholinoacetonitrile 4-chloro-7H-pyrrolo[2,3-d]pyrimidine 4-chloroisothiazole 5-bromo-6-chloro-1H-indole 7-chloro-3H-imidazo[4,5-b]pyridine ethyl3-(4-formylphenyl)propanoate 2,3-dibromobenzaldehyde 1-(5H-chromeno[2,3-b]pyridin-7-yl)ethanone 5H-chromeno[2,3-b]pyridin-5-one 3-chloroisoquinoline-4-carbaldehyde (E)-2-(3-oxoprop-1-enyl)benzaldehyde methyl4-formyl-3-nitrobenzoate 5,6-dimethoxy-2,2-dimethyl-2,3-dihydro-1H-inden-1-one 1-methylbicyclo[4.1.0]heptan-3-one 3-nitro-4-(trifluoromethoxy)benzaldehyde 2-hydroxyquinoline-6-carbaldehyde 2-nitro-3-(trifluoromethyl)benzaldehyde 1-(2-fluoro-4-methoxyphenyl)propan-2-one tert-butyl3-fluoro-4-oxopiperidine-1-carboxylate tert-butyl3-oxopropylcarbamate 2,2-dimethylcyclohexanone 9H-carbazole-3-carbaldehyde N,N-dimethyl-2-oxoacetamide 2-methylpent-4-yn-2-ol 3-tert-butyl-4-hydroxybenzonitrile 4-bromo-2-tert-butylphenol 1,3-dibutoxypropan-2-ol methyl4-hydroxyquinoline-6-carboxylate methyl3-cyano-4-hydroxybenzoate 4-chloro-6-methoxyquinolin-7-ol 3,4-dihydro-2H-benzo[b][1,4]oxazin-7-ol 2-(2-aminothiazol-5-yl)ethanolhydrochloride (R)-ethyl2-chloropropanoate (S)-4-amino-5-(4,4-dimethylcyclohexylamino)-5-oxopentanoicacid (1s,4s)-4-hydroxycyclohexanecarboxylicacid (S)-2-(tetrahydrofuran-3-yloxy)aceticacid (1S,4R)-1-methyl-4-(prop-1-en-2-yl)cyclohex-2-enol (R)-4-(hydroxymethyl)oxazolidin-2-one (S)-4-(hydroxymethyl)oxazolidin-2-one 化工資訊 外媒1月30日消息：德銀表示，重新檢視內(nèi)地鋁業(yè)2015年的供求關(guān)系，相信會(huì)與2014年情況相若，料價(jià)格不會(huì)大跌，但是新增產(chǎn)能卻隨價(jià)格回升而增加。該行認(rèn)為，中鋁(02600.HK)現(xiàn)股價(jià)水平反映所有利好同時(shí)出現(xiàn)的情況，即包括集資、鋁價(jià)走勢(shì)佳、成本下降及減息同時(shí)發(fā)生。該行認(rèn)為該預(yù)期并不現(xiàn)實(shí)，故將公司之評(píng)級(jí)由“中性”降至“沽售”，維持目標(biāo)價(jià)2.9元，但認(rèn)為宏橋(01378.HK)之估值合理，并考慮到其每盈利增長(zhǎng)前景，重申“買入”評(píng)級(jí)，目標(biāo)價(jià)由8.5元升至8.9元。
該行相信，2015年將有300萬噸新增產(chǎn)能進(jìn)入市場(chǎng)，但在現(xiàn)時(shí)的鋁價(jià)水平，40%的產(chǎn)能正在虧損，相信有大批產(chǎn)能將會(huì)退役，該行料內(nèi)地鋁業(yè)將有邊際性改善。不過，由于臨近農(nóng)歷新年，下游生產(chǎn)商未必愿意增加存貨，相信需求短期疲弱，故該行對(duì)鋁價(jià)短期持審慎看法。
該行預(yù)期，中鋁在2015年將會(huì)持續(xù)錄得虧損，因?yàn)橄嘈配撹F價(jià)格只會(huì)輕微復(fù)蘇、成本下降程度有限并存不穩(wěn)定性及公司有沉重的利息成本。加上公司屬于內(nèi)地的邊緣利潤(rùn)生產(chǎn)者，相信節(jié)省成本也只會(huì)導(dǎo)致鋁價(jià)下降，侵蝕其自身的盈利能力。相對(duì)而言，宏橋在整合濱州北新后會(huì)成為最大的內(nèi)地鋁生產(chǎn)商，其自給電比例高，料其每噸生產(chǎn)成本較市場(chǎng)低1,500元人民幣，故每股盈利增長(zhǎng)有望提升。
