煤炭行业事件点评：“反内卷”下哪些煤炭个股值得关注(一)

大同证券2025-07-25

“反内卷”情绪仍在。7 月24 日，“反内卷”情绪复燃，煤炭(申万)行业经历冲高、回落后再上涨，当日收涨1.65%。动力煤现货价格与动力煤指数基本亦步亦趋。参考2016 年供给侧改革，动力煤市场价格在情绪带动下快速反弹，情绪宣泄后指数回归理性，在基本面得到确认后，动力煤指数与秦皇岛动力煤平仓价同步上涨。当前，正处于“反内卷”情绪宣泄阶段，动力煤指数或许会拉升一波，后面股价如何变动需要等基本面确定。...

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煤炭行业事件点评：“反内卷”下 哪些煤炭个股值得关注(一)

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煤炭行业事件点评：“反内卷”下哪些煤炭个股值得关注(一)