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    高盛最新报告大幅下调2026年夏季美国LNG供应预期至5 MTPA，全球天然气市场供需格局面临重塑。供应端增量放缓叠加欧洲需求回升，能源化工产业链成本曲线或迎结构性上移。科技股普遍反弹背后，资金正重新定价"低天然气价格假设"，工业用户与电力行业的原料成本压力值得密切关注。

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