Opportunities brought by the expected expected of the raw material drug
Release time: 2012-02-29 & nbsp & nbsp & nbsp Source:
Recent bombardment of listed companies in raw materials and drugs。Since February，Xinfu Pharmaceuticals rose 62%、Northeast Pharmaceutical increases 28%、Guangji Stake Sports Bettingstake online sports bettingPharmaceutical increased 19%，Southwest synthesis、Xinhecheng、North China Pharmaceutical、Luo August Pharmaceutical's increase is also above 10%，Obviously winning the industry index。
We think，The rebound market of this raw medicine is "Basic expectation improvement+valuation repair"。
Policy Noodles: Early January，The Ministry of Environmental Protection issued the "Notice on the Supervisory Cases of Environmental Violations of the Ministry of Environmental Protection in 2011"。New environmental protection policies are expected to promote the reshuffle of the material and drug industry，Cost pressure will accelerate the elimination of small and medium -sized enterprises，Market concentration is expected to increase significantly，Mid -term long -term look，Leading Enterprise benefits the most。
Basic: In the short term，Vitamins and antibiotics enter the relative demand peak season，Drawing on the situation in the past few years，There is a price lifting market at the stake betting appstake sports betting appbeginning of the year，Under the support of rising volume and price，Enterprise's profitability improvement is strong。In addition，This is also the response made by the market to the profit of the material drug company。Data released by the Bureau of Statistics，Chemical Materials Drugs December last year's monthly income、The profit growth rate is 22%、123%。
Market: After experiencing a bleak 2011 relationship，The absolute stock price and PE of most listed companies are at a lower level，The kinetic energy of funds rebound is sufficient，Similar to the market's recent speculation logic of the upstream cycle industry。
For follow -up market，We think，VE、VA supply and demand marginal improvement promotes short -term price increase expectations，VC、7-ACA still needs to wait and see。
This market is more about the game of market funds brought about by the fundamental expectations of the fundamentals，Whether the rebound can continue depends on whether stake betting appthe variety Stake Sports Bettinghas a substantial price increase and the space for price increase。
Based on April to July each year is the peak season of the feed industry，VE、VA's demand for price increase is exist，In the short term, new and successful production and maintenance will also bring the marginal improvement of supply and demand，VE、VA short -term price increase expectations，Related listed companies exist in trading opportunities。VC still depends on the actual restrictions of domestic capacity，But from the perspective of the general trend，VC seems difficult to return to the original high。
Affected by the bidding price reduction and the national limited policy，Terminal sales of antibiotics preparations are still not optimistic，7-ACA can the bottom rebound，You need to observe the change of the actual supply and demand pattern。(Author: Li Qiushi)
We think，The rebound market of this raw medicine is "Basic expectation improvement+valuation repair"。
Policy Noodles: Early January，The Ministry of Environmental Protection issued the "Notice on the Supervisory Cases of Environmental Violations of the Ministry of Environmental Protection in 2011"。New environmental protection policies are expected to promote the reshuffle of the material and drug industry，Cost pressure will accelerate the elimination of small and medium -sized enterprises，Market concentration is expected to increase significantly，Mid -term long -term look，Leading Enterprise benefits the most。
Basic: In the short term，Vitamins and antibiotics enter the relative demand peak season，Drawing on the situation in the past few years，There is a price lifting market at the stake betting appstake sports betting appbeginning of the year，Under the support of rising volume and price，Enterprise's profitability improvement is strong。In addition，This is also the response made by the market to the profit of the material drug company。Data released by the Bureau of Statistics，Chemical Materials Drugs December last year's monthly income、The profit growth rate is 22%、123%。
Market: After experiencing a bleak 2011 relationship，The absolute stock price and PE of most listed companies are at a lower level，The kinetic energy of funds rebound is sufficient，Similar to the market's recent speculation logic of the upstream cycle industry。
For follow -up market，We think，VE、VA supply and demand marginal improvement promotes short -term price increase expectations，VC、7-ACA still needs to wait and see。
This market is more about the game of market funds brought about by the fundamental expectations of the fundamentals，Whether the rebound can continue depends on whether stake betting appthe variety Stake Sports Bettinghas a substantial price increase and the space for price increase。
Based on April to July each year is the peak season of the feed industry，VE、VA's demand for price increase is exist，In the short term, new and successful production and maintenance will also bring the marginal improvement of supply and demand，VE、VA short -term price increase expectations，Related listed companies exist in trading opportunities。VC still depends on the actual restrictions of domestic capacity，But from the perspective of the general trend，VC seems difficult to return to the original high。
Affected by the bidding price reduction and the national limited policy，Terminal sales of antibiotics preparations are still not optimistic，7-ACA can the bottom rebound，You need to observe the change of the actual supply and demand pattern。(Author: Li Qiushi)
