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富途资讯
wrote a column · Oct 12, 2021 17:30 ·

One chart flow | which industries are most affected by the rise in power costs?

With the widening of the floating range of market-oriented electricity prices and the proposal of the National standing Committee to "orderly promote all coal-fired power generation into the electricity market", some investors are worried that the rise in electricity prices will push up the costs of various industries.
Haitong uses the input-output table compiled by the Bureau of Statistics in 2018 to estimate the cost of electricity in various industries and the proportion of income.
It is estimated that the industries with higher power costs in the proportion of revenue areBasic chemical industry, pipeline and railway transportation, cement, non-ferrous metals, black metals, fertilizers, ceramics, etc..
With the widening of the floating range of market-oriented electricity prices and the proposal of the National standing Committee to "orderly promote all coal-fired power generation into the electricity market", some investors are worried that the rise in electricity prices will push up the costs of various industries. Haitong uses the input-output table compiled by the Bureau of Statistics in 2018 to estimate the cost of electricity in various industries and the proportion of income. It is estimated that the industries with large electricity costs in the proportion of revenue include basic chemical industry, pipeline and railway transportation, cement, non-ferrous metals, black metals, fertilizers, ceramics and so on. Therefore, if electricity prices rise, the costs of these industries may increase even more, and the country will often point out that "high energy-consuming industries can be priced by market transactions, without the limit of rising by 20%." the previously estimated electricity costs in high energy-consuming industries such as non-ferrous, black, chemical and non-metallic minerals may rise even more.
Therefore, if electricity prices rise, the costs of these industries may increase even more, and the country will often point out that "high energy-consuming industries can be priced by market transactions, without the limit of rising by 20%." the previously estimated electricity costs in high energy-consuming industries such as non-ferrous, black, chemical and non-metallic minerals may rise even more.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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