Shanghai stock market rose 41.71 points or 1.44%, standing at 2900 points or more. Looking at the operation of the plate throughout the day, the coal sector once took up the first place in the sector, and Zhengzhou Coal and Electricity performed well, with a daily limit of just 20 minutes. Datong Coal Industry once rose by 5.87%. Jingyuan Coal and Yanzhou Coal Power rose by 5.51% and 3.91% respectively. After undergoing a major downturn, coal stocks have recently come out of the rally. Today's coal stocks performance, and Hexun connected to the Bohai Securities coal industry analyst Zhang Shun to be interpreted.
Zhang Shun believes that there is always uncertainty regarding the rise and fall of individual trading days. For example, the coal sector fell more yesterday. Although the coal sector has performed relatively well today compared to the broader market, there is no bright spot. In terms of fundamental operations, there is no special upward driving factor, so today's rally is only a short-term performance.
In response to the investment strategy of the coal sector in the fourth quarter, he expressed three views: First, from a macro perspective, the environment for economic recovery has not changed; Second, from the perspective of supply, the recovery of small coal mines in Shanxi, Henan and other regions is not easy The process of restarting production itself is also not a one-off process. In other words, in the short to medium term, there are supply bottlenecks in the domestic coal market. Third, in terms of coal prices, the northern region basically enters the season of storing coal, from the perspective of coal prices, Shanxi, etc. Regional coal prices have risen slightly, and this seasonal demand has a certain impact on the coal sector.
Thus, according to the performance of the coal sector today, Zhang Shun believes that there is a certain correlation between the price of crude oil and recent highs.
As the global economic recovery accelerates the impact of fuel market demand next year, the international crude oil price in the New York market climbed to a new high in seven weeks. As of 2:51 p.m. on the 12th, the New York Mercantile Exchange's November crude oil price rose 1.50 yuan per barrel. The dollar or 2.1% to 73.27 US dollars per barrel, which is already the highest point since August 24 this year. In addition, the international CRB index has reached new heights, and it also has a certain positive impact on the domestic coal market.
For the market outlook, Zhang Shun believes that the coal sector is still a relatively strong sector in the future, although it seems that the subsequent upward momentum is not as abundant as it used to be, and seasonal supply is also within expectations, but now the overall valuation of the sector is not High, even if the rising momentum is insufficient, the support for the decline will be stronger. Zhang Shun is still optimistic about the performance of the coal sector. Meeting announcement:
The year 2009 was the most important year for the coal-based natural gas and coalbed methane industry in China. With the introduction of the national petrochemical revitalization plan, the coal-to-natural gas and coalbed methane industries have been included in the list of industries supported by the state. Datang International's coal-based natural gas projects have been approved by the National Development and Reform Commission, and the coal-based natural gas projects of Shenhua Group, Xinwen Mining, and Qinghua Group have also laid the foundation. Coal-bed methane liquefaction projects of Liansheng and China Gas have also been put into operation. There are also many companies related projects have also been put on the agenda. China's coal-based natural gas and coalbed methane industries have received extensive attention from the industry.
To this end, the Ordos City Government of Inner Mongolia and China Chemical Network will jointly hold the "2009 China Coal to Natural Gas/CBM (International) Summit Forum" in the mid-November 2009 under the guidance of authoritative institutions and experts. This forum is a high-end international summit on coal-to-natural gas/coalbed methane. The topics of the conference cover policy interpretation, industry research, corporate promotion, business negotiation, and Sino-foreign cooperation. The five major aspects are the strongest in the coal chemical industry. It will represent the newest coal chemical conference with the highest level and the most suitable medium and long-term plans for enterprises.
Zhang Shun believes that there is always uncertainty regarding the rise and fall of individual trading days. For example, the coal sector fell more yesterday. Although the coal sector has performed relatively well today compared to the broader market, there is no bright spot. In terms of fundamental operations, there is no special upward driving factor, so today's rally is only a short-term performance.
In response to the investment strategy of the coal sector in the fourth quarter, he expressed three views: First, from a macro perspective, the environment for economic recovery has not changed; Second, from the perspective of supply, the recovery of small coal mines in Shanxi, Henan and other regions is not easy The process of restarting production itself is also not a one-off process. In other words, in the short to medium term, there are supply bottlenecks in the domestic coal market. Third, in terms of coal prices, the northern region basically enters the season of storing coal, from the perspective of coal prices, Shanxi, etc. Regional coal prices have risen slightly, and this seasonal demand has a certain impact on the coal sector.
Thus, according to the performance of the coal sector today, Zhang Shun believes that there is a certain correlation between the price of crude oil and recent highs.
As the global economic recovery accelerates the impact of fuel market demand next year, the international crude oil price in the New York market climbed to a new high in seven weeks. As of 2:51 p.m. on the 12th, the New York Mercantile Exchange's November crude oil price rose 1.50 yuan per barrel. The dollar or 2.1% to 73.27 US dollars per barrel, which is already the highest point since August 24 this year. In addition, the international CRB index has reached new heights, and it also has a certain positive impact on the domestic coal market.
For the market outlook, Zhang Shun believes that the coal sector is still a relatively strong sector in the future, although it seems that the subsequent upward momentum is not as abundant as it used to be, and seasonal supply is also within expectations, but now the overall valuation of the sector is not High, even if the rising momentum is insufficient, the support for the decline will be stronger. Zhang Shun is still optimistic about the performance of the coal sector. Meeting announcement:
The year 2009 was the most important year for the coal-based natural gas and coalbed methane industry in China. With the introduction of the national petrochemical revitalization plan, the coal-to-natural gas and coalbed methane industries have been included in the list of industries supported by the state. Datang International's coal-based natural gas projects have been approved by the National Development and Reform Commission, and the coal-based natural gas projects of Shenhua Group, Xinwen Mining, and Qinghua Group have also laid the foundation. Coal-bed methane liquefaction projects of Liansheng and China Gas have also been put into operation. There are also many companies related projects have also been put on the agenda. China's coal-based natural gas and coalbed methane industries have received extensive attention from the industry.
To this end, the Ordos City Government of Inner Mongolia and China Chemical Network will jointly hold the "2009 China Coal to Natural Gas/CBM (International) Summit Forum" in the mid-November 2009 under the guidance of authoritative institutions and experts. This forum is a high-end international summit on coal-to-natural gas/coalbed methane. The topics of the conference cover policy interpretation, industry research, corporate promotion, business negotiation, and Sino-foreign cooperation. The five major aspects are the strongest in the coal chemical industry. It will represent the newest coal chemical conference with the highest level and the most suitable medium and long-term plans for enterprises.
Air Valve single chamber:
1. Application: water transition pipes
2. Function:
a. when the pipe is being filled with water, the air valve automatically let air out of the empty pipes. The air must be released rapidly to make sure that the pressure does not increase in that area as flow is restricted by the air in the pipe.
b. when the pipe is being empty, the air valve must let air into the pipes rapidly to prevent the pressure from dropping and forming a vacuum in the pipe.
3. Surface coating:
Internally and externally coated with fusion bonding epoxy coating of minimum thickness of 250um. As required, Certification corresponding to drinking water like KTW, WRAS could be available.
4．Quality traceability
All the valves are with serial no. which could ensure the traceability of the production and quality control.
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