Thread Content
Author/Source: Sohu Securities Date: 2009-4-1 ------------------------------------------------------------------------------- Most domestic enterprises such as Yuanxing Energy use natural gas to produce methanol, and there is an obvious positive correlation between the price of natural gas and the price of methanol. Tianmao Group adopts coal-to-methanol process technology, which not only avoids an increase in product costs, but also enjoys the benefits of product price increases. International oil prices have risen sharply, and domestic gasoline prices have also rarely increased. The market is once again worried about energy supply amid inflation expectations, creating opportunities for new energy stocks to strengthen! Recently, many media have reported on the reform of the natural gas pricing mechanism. With the expectation of rising natural gas prices, you can pay attention to 000627 Tianmao Group, my country's leading coal-to-methanol enterprise! Most domestic enterprises such as Yuanxing Energy use natural gas to produce methanol, and there is an obvious positive correlation between the price of natural gas and the price of methanol. Tianmao Group adopts coal-to-methanol process technology, which not only avoids an increase in product costs, but also enjoys the benefits of product price increases. News also came out at the 2009 Natural Gas Market Development Forum held recently. * * The National Development and Reform Commission is organizing experts to demonstrate six plans for natural gas price reform. * * Energy Bureau's * Members have previously stated that natural gas price reform will be one of the priorities in 2009. The general direction of the reform plan to gradually integrate with international natural gas prices has been determined, and the market generally believes that integrating with international standards is the process of rising natural gas prices. At present, China's urban natural gas prices include three parts: ex-factory price, pipeline transmission price, and urban pipeline network price. The ex-factory price plus the pipeline price form the gate price. The retail price also includes the urban pipe network price of more than 1 yuan. Retail gas prices vary from place to place due to pipeline distance and local economic conditions. Natural gas in the United States is 80%-90% of the price of gasoline with the same calorific value, and in China it is 30%. Tianmao Group is the largest methanol producer in Central and South China. Recently, the company has made great efforts to advance into the field of new energy chemicals, mainly producing methanol and dimethyl ether from coal, to create a new energy industry chain. This year, the company will make every effort to construct the second set of 200,000 tons/year dimethyl ether device, and strive to achieve a production capacity of 500,000 tons/year dimethyl ether by the end of the year, ranking among the forefront of the domestic new energy field. During the "Eleventh Five-Year Plan" period, the company will strive to achieve a total construction scale of 1 million tons of dimethyl ether. Due to the shortage of petroleum resources, the abundance of coal resources and the increasing awareness of people's environmental protection, dimethyl ether has received increasing attention as a clean fuel converted from coal, and has become a carbon-one chemical product with superior performance that has been competitively developed at home and abroad in recent years. As an alternative fuel to LPG and petroleum, dimethyl ether is a chemical with similar physical properties to LPG. It does not produce environmentally damaging gases when burned and can be produced cheaply and in large quantities. Like methane, it is expected to become one of the energy sources of the 21st century. In the future, dimethyl ether will be mainly used to replace automobile fuel, liquefied petroleum gas, city gas, etc. The market prospect is extremely broad and it is currently an industry that is prioritized for international and domestic development. The introduction of the natural gas reform plan is the general trend. As a new energy stock with the concept of replacing natural gas, 000627 Tianmao Group has the opportunity to perform repeatedly before the official plan is introduced, which deserves due attention!