海通国际：3月博彩毛收入略超市场预期实现韧性增长

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智通财经APP获悉，海通国际发布研报称，1季度煤价稳中有升，26年价值和弹性兼备。该行认为2026年煤炭供需将从宽松转向偏紧，年初以来煤价表现已超预期。短期，由于中东局势影响，全球能源价格、煤炭需求进一步受到提振，进口煤成本也有增加，煤炭盈利和估值弹性可期。中长期，国内产量增速较前期或显著下降，而印尼等国出口和产量预期回落，能源价格高企背景下煤电、煤化工需求具有韧性，煤炭预计维持较高景气度。海通...

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海通国际：3月博彩毛收入略超市场预期 实现韧性增长

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海通国际：3月博彩毛收入略超市场预期实现韧性增长