Operation strategy under the background of high oil price

The recent decline in U.S. crude oil inventories, the international oil price has risen sharply, on Friday the U.S. crude oil prices exceeded $76 a barrel in the plate, only a step away from a record high of 78.40. Then in the crude oil bullish case, the market will have what kind of opportunity? Energy saving and environmental protection

In the last twenty years of the last century, China's energy consumption doubled with the development of the economy, more than 14 tons of standard coal, has become the world's second largest energy consumer. In recent years, sharp fluctuations in international oil prices to China's energy problem becomes more and more prominent, energy has become one of the important limiting problems of realizing China's sustainable development, energy conservation has been raised to a strategic and overall perspective. It is in this context, the country in recent years, more and more attention to energy conservation and emission reduction work. Therefore, the management proposed to the end of 11th Five-Year, the yuan GDP energy consumption fell to 0.98 tons of standard coal, lower than the end of the "fifteen" around. However, in 2006 the country did not achieve the beginning of the year to determine the unit GDP energy consumption reduced by about 4%, the total emissions of major pollutants reduced by 2% target. Therefore, the future of the country in terms of energy saving pressure is still large, 2007 will be the implementation of the "11th Five-Year" energy saving and pollution reduction targets of the key year, crucial years, Central Committee is to the greatest determination and make the greatest efforts to save energy resources, the "two largest" to highlight the central energy-saving emission reduction determination. Therefore, the future government will invest more in energy conservation and environmental protection, energy saving and environmental protection plate will usher in greater development space.

Energy-saving lighting or there will be a phased opportunity

With the sharp rise in international oil prices, the market will be transferred to the vision of energy saving and environmental protection plate. So energy saving and environmental protection plate, the kind of stock opportunities greater, more secure? The author believes that investors can focus on the future, energy-saving lighting equipment manufacturing listed companies. According to reports, only 6% of incandescent lamps electric energy into light energy, the electrical energy into heat energy waste; and energy-saving fluorescent lamps than incandescent lamp with a tungsten wire less power consumption as much electricity can only use 20% of the issued and incandescent light. Therefore, it is because of the semiconductor light source (LED) has the advantages of high efficiency, energy saving, environmental protection and many other advantages, it will become the main developing direction of energy-saving lighting market in the future, the green lighting is one of China's "11th Five-Year" in the planning of the ten major energy conservation projects, the promotion will be a trend.

At the same time, more importantly, in the short term, energy-saving equipment will also face more opportunities, on the one hand, the rise in international oil prices will stimulate the market to focus on energy-saving equipment. On the other hand, for energy-saving lighting, the EU trade union's proposal will also constitute a positive. The EU Trade Commission will meet in the near future to discuss the abolition of import tariffs on China's energy-saving lamps. If the proposal is passed, means that the EU for 6 years of sanctions against Chinese manufacturers temporarily painted a full stop. Previously, Chinese enterprises have been ruled by the anti-dumping duty rate between 0 to 66.1%. Before China has been a major exporter of lighting products, exports accounted for more than 45%. 2006, China's exports of lighting products worth 56 billion 479 million yuan, an increase of 18.28%. Since the European restrictions on China's energy-saving lighting equipment, Chinese enterprises to export to Europe is blocked, and once the proposal will be adopted by China's listed companies constitute a positive. At present, Zhejiang Sunshine Group Limited by Share Ltd has been canceled from the EU tariff notice, once passed, then the company will bring good. Therefore, the author believes that the future of Zhejiang sunshine, LIAN and other manufacturers of energy-saving lighting equipment listed companies may be appropriate attention.

Source: Financial Network