交通运输行业7月投资策略:快递和航空有望受益“反内卷” 关注东南亚快递市场机会

国信证券
16 Jul

航运:7 月原油进入淡季,成品油进入小旺季,因此导致油运的运价走势分化,原油运价走软而成品油触底回升,我们预计油运年内的景气度或将于暑期内见底,考虑到当前的供给格局,我们认为运价和股价有望抢跑,且在当前供给相对偏紧的情况下,需求侧的边际变化有望对运价形成乘数效应推动,继续推荐中远海能、招商轮船,关注招商南油。集运方面,由于特朗普延长了30 天关税减免协议,美线本周企稳反弹,但是欧线则继续疲软,短期...

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