World power

International financial markets for the energy market will have a profound impact on what? How can we help the growing trend towards a monopoly of the global energy market transparency, improve efficiency? How to predict the future trend of international oil prices? Platts is China’s new global strategy, particularly how to move forward? On these markets are very concerned about the issue, Platts Global President, Zhu Qing (VictoriaChuPao) in Beijing recently, Ms. accepted the “Shanghai Securities News” in an exclusive interview.

financial markets into the energy markets

“Shanghai Securities News”: Founded in 1909, Mr. Platts, the energy沃伦普拉特predecessor, the timely dissemination of the price of its original idea, but in 1933, he decided to increase the more market analysis and forecasting. Today, quotes and analysis to help predict the success of both S & P’s become the industry authority, how do you look at the relationship between the two, as well as future development?

Wen-Qing Zhu: Real-time pricing and market analysis are closely connected, what happens will affect the market price, while the price changes would be Platts companies such as reports and analysis, we see the market is increasingly global, volatility of the market norm, so the need for more efficient dissemination of this information, dealers and brokers need to have access to an electronic network channels such information to be more competitive.

“Shanghai Securities News”: financial markets have become increasingly penetrated into traditional energy markets, and even to exert greater influence, is being or about to change the traditional market model, how do you see such a change? Platts how to respond to such a change? Globally, the S & P’s strategic focus for that?

Zhu Qing: Financial markets and energy markets, the growing trend towards convergence between the two, we also launched the world’s largest energy exchange cooperation, including the NYMEX (New York Mercantile Exchange), LMEX (London Metal Exchange), Singapore Exchange, Tokyo Mercantile Exchange, and so on.

us in the progressive development of exchanges in the futures market for the OTC market has played a unique role. Through handling accreditation, so that the energy market participants to be able to use Platts price assessments and price benchmarks in the markets they want to use.

With the development of networks, vast amounts of information so that market participants know what to do, we help them to get more analysis and forecasting, more insights, and more trading tools, such as we provide an analysis of Internet-based platform, called “energy advantage” will be set in one large amount of information available to the financial or energy markets, investors and analysts, they may be Exxon (Exxon Mobil, the world’s largest energy company), strategic planning director, it may be Tokyo, a hedge fund traders.

“Shanghai Securities News”: the future of the enterprise structure Platts will be like? Additional source of profit is what business? Dow Jones and other information providers and the services provided by what kind of difference?

Zhu Qing: At present, there are many encouraging Platts growth opportunities, mainly in three aspects, first, the expansion of global business; Second, more new products into the market; third is to open up the financial energy market .

is currently doing is the most pressing global business expansion, in which the focus is China, Russia and CIS countries.

into more goods in the market, starting in June Platts and provide the basis for the global steel market, offer, our partners are the London Commodity Exchange, because the steel market is the world’s third largest commodity market, we hope to be able to the steel market to provide more transparency.

, compared with a company like Dow Jones, Platts are very different. Platts, a hundred years of history in the industry, there are industry-recognized professional ethics, independent views, to promote energy markets, the development of standards, which are historical strengths in the global market, Platts to help play a unique role.

“Shanghai Securities News”: In today’s increasingly obvious degree of market concentration, the increasing influence of big business monopoly of the environment, how to maintain a sense of independence and trustworthy? The entire market, as an information provider, how to make the market more transparent and effective?

Platts: Platts standards of professional ethics in the industry is very famous, because of its unique influence, independence is very important to us, otherwise will not be able to build the reputation and credibility, which is kinds of reputation is the basis for business development.

the same time, markets, transparency, efficiency is indispensable, in other words, at the right time to get the right information to help traders make better decisions. We hope to attract more market players to participate and let the market become more mobile, more competitive, so that the whole market efficiency can be improved.

Platts Energy (PLATTS)

It has been said that in the global energy industry is not the most powerful, Exxon Mobil, nor is it the king of the Middle East oil-producing countries, but Platts Energy Corporation ( Platts) — hundreds of billions of dollars every day transactions provided by reference Platts benchmark prices and industry analysis to complete, each issued by Platts prices, to make judgments for each analysis, all the first time directly to changing the the world’s largest market for capital flows.

Platts is the world’s largest and most authoritative source of energy information, research and marketing services provider, for a more intuitive impression that the company is: Every day, more than 10 billion U.S. dollars in energy market transactions based on contracts Platts provides price benchmarks based on, and more government departments, large oil companies, institutional investors, hedge funds, pay close attention to every day, provide a range of Platts price trend analysis, energy market assessment. It can be said that in the global oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets, S & P’s name and the services provided with the extraordinary influence of these huge market in the central structure of the most critical one.

China’s integration into the global pricing system

“Shanghai Securities News”: how do you view the Chinese market? The recent strategy?

Zhu Qing: in the Chinese market we see a lot of opportunities, want to help China’s integration in the global economy to become full participants. Platts hope that by providing a unique analysis, helping China to better understand and interpret fast-changing global energy markets.

We look forward to in the global expertise and experience to help China to understand the global market will take place, but also for the Chinese a major impact event.

“Shanghai Securities News”: international giants gather in China, the Chinese market, how can set their own pricing system? The future price of the entire global system, the China factor will account for what kind of position?

Zhu Qing: For China, the pricing in different markets at different stages, such as fuel and LPG (liquefied petroleum gas) more developed; gasoline, diesel and natural gas, which are being developed; while in power and coal and other markets, the protected elements are more common.

In addition, some on the geographical conditions, and currency exchange factors, constraints in the global market system, China’s pricing power play.

But China as the fourth largest economy and second largest energy consumer, is already a very large international energy market participants in China’s rapid economic development into the global economy, a booster, China is integrated into the the global pricing system.

“Shanghai Securities News”: What do you think of China’s energy development trend of IT industry in what will happen? A few large enterprises compete with each other, or some of the characteristics of participants each with its own characteristics offer to form a complementary price system?

Zhu Qing: I believe that China’s energy information company based on the Chinese market as the center, which will be a very competitive market, there will be many companies able to provide domestic information.

But I think that, although many Chinese companies in providing information on China’s domestic market has an advantage, but the lack of global vision and global experience, Platts want to play to their unique strengths, providing for the global market information to help the Chinese market docking up with the global market quickly.

international oil prices will remain the short-term fluctuations in

“Shanghai Securities News”: At present, the basic stability of the world’s supply of crude oil, but we note that high oil prices have also stimulated a lot of money into oil infrastructure, This will not lead to oil supply and demand situation of radical change?

Zhu Qing: I feel that high oil prices, there are many factors in the supply side, may be due to the limited capacity of the upstream exploitation, but also the downstream refinery infrastructure is inadequate; On the demand side, due to national economic development, energy Demand has also been increased. In addition, there are many demands from the financial markets, many investors wish to enter the futures market to lock the risks.

operating mechanism have been issued such a market signal to guide the inflow of capital, including infrastructure, including refineries, despite the short term, oil prices are very volatile, but the medium and long term, due to infrastructure and continuous improvement oil prices will fall.

“Shanghai Securities News”: China is now the establishment of strategic oil reserve base, what is now the best time to do? China’s strategic oil reserves would be and what impact global oil prices?

Zhu Green: From the name of the view, since it is a “strategic petroleum reserve,” would never have been a good opportunity, while the Chinese government set up such reserves is to ensure that sources of safety and to avoid shortages in the source has happened sources of supply disruptions.

is difficult to predict other countries, including China, the establishment of oil reserve base will have what impact global energy prices, which is the world’s concern.

“Shanghai Securities News”: to determine the current prices of fuel, some people think that will go to more than 100 U.S. dollars, while others considered that back to 50 dollars less, How do you determine the future trend of oil price changes?

Zhu Qing: That was a question of the value of several trillion dollars! Each of the world, who want to know the trend of oil prices, it is difficult to predict where prices go in the end.

& Poor’s believes that the short-term oil prices is still very volatile, the main factor is the capacity of tense, high demand, while some factors such as terrorist attacks, hurricanes, etc., which can irritate the price more volatile.

But in the long view, there is sufficient crude oil inventories, with the refining infrastructure development and diversification of energy sources, these factors will be able to prevent the oil prices are too high.

普氏能源公司首席执行官：国际市场原油价格将下降，长期

对能源市场，国际金融市场将会有很大的影响是什么？我们如何帮助迈向全球能源市场的透明度，垄断的发展趋势，提高效率？如何预测国际石油价格的未来趋势？普氏是中国的新的全球战略，特别是如何向前推进？在这些市场非常关心这个问题，普氏全球总裁在北京诸欺嗯（VictoriaChuPao）最近，女士接受了“上海证券报”的专访。

进入能源市场的金融市场

“上海证券报”：成立于1909年，普氏先生，能源沃伦普拉特的前任，其最初的想法及时传播价格，但在1933年，他决定增加更多的市场分析和预测。今天，报价和分析，以帮助预测两个标准普尔成为业界权威，成功，你如何看待两者的关系，以及未来的发展？

朱文青：实时价格和市场分析是紧密联系的，发生的事情将会影响市场价格，而价格变动将是这样的报告和分析的普氏公司，我们看到了市场的日益全球化，波动的市场规范，因此，以便更有效地传播信息的需要，交易商和经纪人需要获得一个电子网络的渠道，例如资料，更具竞争力。

“上海证券报”：金融市场越来越渗透到传统的能源市场，甚至施加更大的影响力，正在或将要改变传统的市场模式，你怎么看这个变化？普氏如何应对这种变化？就全球而言，标准普尔的这一战略重点是什么？

朱七嗯：金融市场和能源市场，实现两者之间的融合趋势，我们也推出了世界最大的能源交易所，包括纽约商业交易所（纽约商品交易所），LMEX（伦敦金属交易所），新加坡的合作，交易所，东京商品交易所等。

我们在交流，期货市场逐渐发展为OTC市场发挥了独特的作用。通过办理认证，从而使能源市场参与者能够利用他们在市场上要使用的普氏价格评估和价格基准。

随着网络的发展

，大量的信息，使市场参与者知道该怎么做，我们帮助他们获得更多的分析和预测，更多的洞察力，以及更多的贸易工具，例如我们提供了一个互联网分析基础平台，被称为“能源优势”将在一个信息提供给金融或者能源市场，投资者和分析师大量设置，它们可能是埃克森（埃克森美孚，是世界上最大的能源公司），战略规划主管，它可能在东京，对冲基金交易员。

“上海证券报”：企业的结构普氏的未来将是怎样的？利润来源是什么业务？道琼斯和其他信息提供者和什么样的差异所提供的服务？

朱七嗯：目前，有许多令人鼓舞的普氏的增长机会，主要有三个方面，第一，全球业务的扩大，更多的新产品进入市场，三是开拓金融能源市场。

目前正在做的是最紧迫的全球业务发展，其中重点是中国，俄罗斯和独联体国家。

到更多的商品在市场上，普氏6月开始，并提供全球钢铁市场，提供了基础，我们的合作伙伴是伦敦商品交易所，因为钢铁市场是世界上第三大商品市场，我们希望能够钢铁市场提供更多的透明度。

，而像道琼斯公司，普氏是不同的。普氏，历史一百多年的行业经验，有业界公认的职业道德，独立的意见，以促进能源市场的标准，这是在全球市场发展的历史优势，普氏的帮助发挥独特的作用。

“上海证券报”：在当今日益明显的市场集中，对环境的大企业垄断的影响越来越大，程度如何保持独立性和可信赖感？整个市场，作为信息提供者，如何使市场更加透明和有效？

普氏：普氏对这些行业的职业道德标准，是非常有名的，因为其独特的影响力，独立性是对我们很重要，否则将无法建立的声誉和信誉，这是种是信誉基础业务发展。

与此同时，市场，透明度，效率是必不可少的，换句话说，在合适的时间，可以得到正确的信息，以帮助投资者做出更好的决策。我们希望能够吸引更多的市场参与者参与，让市场变得更加机动，更有竞争力，使整个市场效率得以提高。

普氏能源（普氏）

有人说，在全球能源业是不是最强大的，埃克森美孚，也不是中东石油大王生产国，但普氏能源公司（普氏）—的数千亿美元每天参照普氏的基准价格和行业分析，提供交易完成后，每年发出的普氏价格，使每个分析判断，所有的第一次直接改变了世界上最大的市场的资本流动。

普氏是世界上最大，最权威的能源信息，研究和营销服务提供商源更直观的印象，该公司是：每天，在能源市场交易超过1000000万美元基于合同普拉茨提供基准价格的基础上，与更多的政府部门，大型石油公司，机构投资者，对冲基金，密切关注每天提供氏价格趋势的分析，能源市场评估范围。可以说，在全球石油，天然气，电力，核能，煤炭，石化以及金属市场，标准普尔的名字，并与这些庞大的市场，最关键的一个中心的结构特殊的影响力所提供的服务。

中国加入全球定价系统集成

“上海证券报”：你如何看待中国市场？最近的一项战略？

朱七嗯：在中国市场，我们看到了很多机会，希望帮助中国在全球经济的一体化，成为充分参与。普氏希望通过提供一个独特的分析，帮助中国更好地理解和解释瞬息万变的全球能源市场。

我们期待着在全球的专业知识和经验，帮助中国了解全球市场将发生，而且对中国产生重大影响的事件。

“上海证券报”：国际巨头在中国收集的中国市场，如何设定自己的价格体系？整个全球系统的未来价格，中国因素将占据怎样的位置呢？

朱七嗯：对于中国，在不同市场的不同阶段，例如燃料和液化石油气，定价（液化石油气）比较发达，汽油，柴油和天然气，目前正在开发，而在电力，煤炭其他市场方面，受保护的元素比较多。

此外，一些在地理条件，和汇率因素，在全球市场体系的限制，中国的定价权力。

但是中国作为第四大经济体和第二大能源消费国，已经是一个非常大的国际能源在中国经济的快速发展，市场融入全球经济的一个助推器，中国将是全球价格体系整合的参与者。

“上海证券报”：你认为中国的能源科技的发展趋势将会发生什么行业呢？少数大型企业相互，或一些与会者的特点，具有自身特点的竞争，提供每形成一个互补的价格体系？

朱七嗯：我认为，中国的能源信息公司的基础上为中心中国市场，这将是一个竞争激烈的市场，将可提供国内许多公司的信息。

但我认为，虽然在提供中国国内市场信息，许多中国公司有优势，但在全球视野和全球缺乏经验，普氏想发挥自己的独特优势，为全球市场提供的信息帮助中国市场的对接与全球市场迅速增加。

国际石油价格将保持短期波动

“上海证券报”：目前世界原油供应的基本稳定，但我们注意到，高油价也刺激了大量资金进入的石油基础设施，这不会导致石油供应和需求急剧变化的情况呢？

朱七嗯：我认为，高油价，但在供给方面的因素很多，可能是由于上游开采能力有限，而且下游炼油厂的基础设施不足;在需求方面，由于国家经济发展，能源需求也有所增加。此外，还有来自金融市场的许多要求，许多投资者希望进入期货市场锁定风险。

运作机制已经发出这样的市场信号，引导资金流入，包括基础设施，包括炼油厂，尽管短期内，油价很不稳定，但中期和长期而言，由于基础设施和持续改进石油价格将下降。

“上海证券报”：中国现在是战略石油储备基地的建立，是目前最适当的时间？中国的战略石油储备将会产生什么影响全球石油价格？

朱绿色：从视图的名称，因为它是一个“战略石油储备，”绝不会是一个很好的机会，而我国政府设立这样的储备，是为确保安全，避免来源源短缺已经发生的供应中断的来源。

难以预料其他国家，包括中国，石油储备基地的建立将有什么影响，全球能源价格，这是世界的关注。

“上海证券报”：燃料，以确定目前的价格，有些人认为将超过100美元，而其他人则认为回到50美元以下，如何确定石油的未来趋势价格变动？

朱七嗯：这是一个数万亿美元的价值的问题！每一个世界，谁想要知道油价的走势，这是很难预测的房价最终去。

普认为，短期内油价仍然很不稳定的主要因素是紧张的，高容量的需求，而诸如恐怖袭击，飓风等，都会刺激价格更加一些因素不稳定。

但就长远来看，有足够的原油库存与精炼基础设施建设和能源来源多样化，这些因素将能够防止油价过高。06.9.19

Tags: energy, global, market, platts