No Data
No Data
Ningxia Baofeng Energy Group (SHSE:600989) Is Reinvesting At Lower Rates Of Return
Those Who Invested in Ningxia Baofeng Energy Group (SHSE:600989) Five Years Ago Are up 113%
Tianfeng: The inventory cycle of Energy exploitation may reach its turning point before the production capacity turning point.
The refining products and coke products in the midstream are at the tail end of active destocking, and are expected to enter a state of passive destocking in 2025, increasing the probability of price increases.
Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Subdued P/E Might Signal An Opportunity
China Galaxy Securities: Oil prices remain stable, focusing on the growth of the petrochemical sector.
Currently, the petrochemical industry has a high level of ongoing projects. As the effects of policy stimulus gradually become evident, end consumer demand may see some improvement, but the industry's existing capacity and ongoing capacity will still require time to be digested.
Founder Securities: The reversal of the chemical industry is likely near, Bullish on the opportunities for layout on the left side of the cycle.
The Global economy in the Industry has been in a downturn and has dragged on until now, with high prices of oil and coal causing profits in the industry to shift upstream, and the profitability level of bulk chemicals has reached a historical low.