ETF Minyak Bumi Penghua Menguat Hampir 1%, Lembaga Sebut Pengangkutan Minyak Akan Masuk Tahap Harga Tinggi dan Volume Meningkat, China Merchants Nanhai dan COSCO Shipping Energy Mengunci Harga Teratas

问AI ·油运供应链乱纪元定价如何类比2020年集运补库？

Oil shipping sector surged today, with China Merchants Energy and COSCO Shipping Energy hitting the limit up.
Securities firms pointed out that the situation has changed today; it was previously frozen, which is favorable for oil shipping.
The oil sector has digested the negative feedback from two 10cm price movements, returning to the oil shipping logic prior to the outbreak of conflict,
and there may still be emotional disturbances later, but the probability of returning to the trend has increased.
The oil shipping supply chain is priced in the “chaotic era,” with the underlying logic shifting from efficiency pricing to certainty pricing,
similar to the shipping replenishment phase during 2020.
The short-term expectation of rising prices and shrinking volumes has already been accounted for;
in the medium term, the crude oil replenishment cycle is approaching;
in the long term, the logic of Changjin Shipping holding long positions continues, and oil shipping will enter a phase of high prices and increased volumes.

As of March 24, 2026, 15:00, the National Index of Petroleum and Natural Gas (399439) rose by 0.76%,
with component stocks China Merchants Energy rising by 10.02%, COSCO Shipping Energy by 9.99%, China Merchants Industry by 6.47%,
Xintian Green Energy by 6.07%, and Nanjing Public Utilities by 5.83%.
The petroleum ETF Penghua (159697) rose by 0.81%, with the latest price reported at 1.49 yuan.

The petroleum ETF Penghua closely tracks the National Index of Petroleum and Natural Gas,
which reflects the changes in the securities prices of listed companies in the petroleum and natural gas industry on the Shanghai and Shenzhen Stock Exchanges.

Data shows that as of February 27, 2026, the top ten weighted stocks in the National Index of Petroleum and Natural Gas (399439) are
China National Petroleum Corporation, China National Offshore Oil Corporation, Sinopec, Jereh Group, China Merchants Industry,
COSCO Shipping Energy, Guanghui Energy, Intercontinental Oil and Gas, Jiufeng Energy, and Nova Group,
with the top ten weighted stocks accounting for a total of 67.92%.