ʶҹóºҵáþѧҹͧ
2547

ǹ 2
ʶҹóҤҹѹԧ 2547 2548


1. ʶҹóҤҹѹԧ 2547

1.1 ͧСüԵѹԺ

ͧ ҳͧѹԺͧš 2547 2.2 ҹ/ѹ ºѺ 2546 дѺ 82.6 ҹ/ѹ »㹡 OECD ѵҡѹ 0.6 ҹ /ѹ 1.23 дѺ 49.4 ҹ/ѹ 㹢зȹ͡ OECD ջҳ 1.6 ҹ/ѹ 5.06 дѺ 33.2 ҹ/ѹ

ҳüԵ üԵѹԺͧš 2547 3.6 ҹ/ѹ ºѺ 2546 ¡໤Ե 2.2 ҹ/ѹ 8 дѺ 29.2 ҹ/ѹ ѹ 10 ѹҤ 2547 ໤餧ǵҡüԵдѺ 27 ҹ/ѹ ҪԡѺŴüԵ ǹԹŧ 1 ҹ/ѹ ռŵѹ 1 Ҥ 2548 繵 ͹Ҥ 2548 ش ǵ 乨 ѰѺõ ŴѧüԵŧ仵ǵҷѺ ǹҳ üԵѹͧȹ͡໤ 1.0 ҹ/ѹ 2.14 дѺ 47.8 ҹ/ѹ

ҳͧСüԵѹԺͧš
˹ : ҹ/ѹ

  2546 2547 2547
1 2 3 4
ͧ
-OECD*
-
80.4
48.8
31.6
82.6
49.4
33.2
83.0
50.2
32.8
81.3
48.2
33.1
82.5
49.2
33.3
83.5
49.8
33.7
üԵ
-໤/ѹԺ**
-໤/NGL/͹ഹʷ
-͡໤
-
78.8
27.0
3.2
46.8
1.8
80.7
27.6
3.5
47.8
1.8
81.1
28.1
3.5
47.7
1.8
81.4
28.4
3.6
47.7
1.8
83.0
30.0
3.8
47.4
1.8
84.7
30.5
3.8
48.6
1.9
+/- +1.7 -1.9 -1.9 +0.1 +0.5 +1.2

: Energy Intelligence ͹Ҥ 2548
* OECD: Organization for Economic Cooperation and Development 29
** ໤ ҳüԵǹͧѡ

1.2 ҤҹѹԺ

ҤҹѹԺ¢ͧ 2547 Ѻ٧鹻ҳ 7 - 11 ­Ѱͺ ºѺ 2546 дѺ 34 - 42 ­Ѱͺ ҡͧѹͧš鹨ҡɰԨšµ GDP ͧѰԡ չ Թ дѺ 4.3, 4.3, 8.8, 8.0, 6.0 ӴѺ СͺѺʶҹó֧´㹵ѹ͡ҧҧͧ лѭҤѴҧ л䵹 ͡ҡ ѷѹ Yukos ͧԴѭҴҹԹͧ͹ѧѰŨӹǹ 3.4 ѹҹ­Ѱ üԵѹͧشЧѡ о Hurricane Ivan ҳüԵ ѹԺ硫⡵ͧشЧѡ ͡ҡ ͧعҧ (Hedge Funds) ҫ秡㹵Ҵѹǧ˹ ҧá 㹻 2547 ໤ѺǵҡüԵ ʷظ 2.5 ҹ/ѹ ҡ 24.5 ҹ/ѹ 27 ҹ/ѹ ´͹ǢͧҤػ ѧ

1 ҤҹѹԺѺ٧ºѺ 4 2546 ҳ 1.8 - 4.2 ­Ѱͺ ҡ˵ԧç蹹ѹçͧ Houston Ѱ Texas Ѱԡ »ʺѭҡâ觹ѹҧ ͧҡҾҡûǹ ҡ໤ ѹ 31 չҤ 2547 ׹ѹաŴǵҡüԵŧ 1 ҹ/ѹ ҡдѺ 24.5 ҹ/ѹ дѺ 23.5 ҹ/ѹ ռźѧѺѹ 1 ¹ 2547 繵 ҳüԵѹԺͧҪԡ໤ (ѡ) дѺ 26.2 ҹ/ѹ СüԵѹԺͧȹ͡໤дѺ 47.7 ҹ/ѹ ҤҹѹԺù¢ͧ 1 дѺ 29.54 31.71 ­Ѱ ӴѺ

2 ҤҹѹԺѺ٧ºѺ 1 ҳ 2.9 - 3.7 ­Ѱͺ ҡԵѧػҹѹԺ§ͨҡ˵ءó֧´㹵ѹ͡ҧ лѭл䵹 СͺѺػҹѹູԹѰԡҵ֧ ͧҡѰԡա ѹູԹ MTBE 3 Ѱ New York, Connecticut California СͺѺç蹹ѹ Hess Ѱ New Jersey ʺѭҵͧԴءԹ ͡ҡ International Energy Agency (IEA) СȻҳͧѹԺѰԡŴŧ 1.1 ҹ дѺ 298.9 ҹ

ҧá 㹪ǧҤҹѹԺ͹ŧ ҡ໤ ѹ 3 Զع¹ 2547 źҹ͹ ˹ǵҡüԵ 2 ҹ/ѹ дѺ 25.5 ҹ/ѹ ռŵѹ 1 áҤ 2547 ҡҤҹѹԺѧçдѺ٧ѺǵҡüԵա 0.5 ҹ /ѹ 26 ҹ/ѹ ռŵѹ 1 ԧҤ 2547 繵 ҳüԵѹԺͧ໤ (ѡ) дѺ 26.1 ҹ/ѹ СüԵѹԺͧȹ͡໤дѺ 47.7 ҹ /ѹ ҤҹѹԺù¢ͧ 2 дѺ 33.21 35.31 ­Ѱͺ ӴѺ

3 ҤҹѹԺѺ٧ҧͧҳ 2.6 - 7.8 ­Ѱͺ ҡҫ秡âͧ Hedge Funds ѧҡ͡ Al Queda ʶҺѹԹ 5 觢ͧѰԡ СͺѺ͵ҹѰԡѡ觼ԵѹԺҧ͹ͧѡ кѷѹ Yukos 繺ѷѹ˭ͧԴѭҴҹԹеͧ͹ѧѰŨӹǹ 3.4 ѹҹ­Ѱ 㹪ǧ͹ѹ¹ Hurrican Ivan Ѵ 硫 üԵŴŧ 0.45 ҹ/ѹ ҡдѺ 1.70 ҹ/ѹ 27 ͧѧüԵ㹺dz硫 ѧ ͺػҹ֧ǡ໤ ѹ 15 ѹ¹ 2547 ا¹ ѺǵҡüԵա 1 ҹ/ѹ 27 ҹ/ѹ ռŵ ѹ 1 Ȩԡ¹ 2547 駹 ҳüԵѹԺͧ໤ (ѡ) дѺ 27.5 ҹ/ѹ СüԵѹԺͧȹ͡໤ дѺ 47.4 ҹ/ѹ Ҥҹѹù¢ͧ 3 дѺ 36.22 41.21 ­Ѱͺ ӴѺ

4 ҤҹѹԺѧѺ٧ ͹㹷ȷҧŧ 㹪ǧ ҤҹѹԺѺ٧ Ҥҹѹͤͺ㹵Ҵ NYMEX ʶҺѹѰԡ (API) СзǧѧҹѰԡ (DOE) §ҹѹͧͧѰԡŴŧ 2.85 2.50 ҹ дѺ 120.9 118.0 ҹ ӴѺ 㹢зͧѹĴ˹ШҡɰԨԺⵢ㹨չԹ 㹪ǧҧ ҤҹѹԺ͹ŧ ҡչСѵҴ͡ԹдѺ 5.58 ˹ 1 觨觼ѵҡâµǷҧɰԨ (GDP) ͧչ͵ŧ Шҡ Light Sweet Crude ҡ North Sea West Africa 鹵Ҵ СͺѺ໤ ŴҤҹѹԺ Sour grade ŧҡ çѹҫҡ ûзǧͧҾçҹ乨 صŧСѺҼԵѹдѺ 0.11 ҹ/ѹ 㹪ǧ ҤҹѹԺդѹǹ ͹дѺ٧ ҡ͡¡Թȡ觼ԵТ觹ѹ㹻ѡл 㹵ѹ͡ҧ ѡŴ͡ѹ Basrah ҧ͹ 1 ҹ/ѹ ҡ 1.8 ҹ/ѹ СͺѺ໤ ѹ 10 ѹҤ 2547 餧ǵҡüԵдѺ 27 ҹ/ѹ ҪԡѺŴüԵǹԹŧ 1 ҹ/ѹ ҡԵԹǵ 2 ҹ/ѹ ռŵѹ 1 Ҥ 2548 繵 駹 üԵѹԺͧ໤ (ѡ) дѺ 27.7 ҹ/ѹ СüԵѹԺͧȹ͡໤ дѺ 48.6 ҹ/ѹ ҤҹѹԺù¢ͧͧ 4 дѺ 35.55 44.33 ­Ѱͺ ӴѺ

ҳüԵСѧüԵѹԺͧ໤
˹ : ѹ/ѹ

2547 ǵҡüԵ
2546 2547 1 2 3 4 1 ..47 1 ..47

Թⴹ
ҹ
ǵ


ҵ
ش
ѰѺõ

໤ 10
ѡ

Եѳ쪹Դ*
1,160
1,010
3,660
2,170
1,410
2,100
720
8,800
2,240
2,230
25,500
1,350
26,850
3,390
30,240
1,200
965
3,900
2,380
1,450
2,380
770
8,700
2,250
2,450
26,450
1,970
28,420
3,600
32,031
1,200
980
3,900
2,300
1,450
2,330
750
8,570
2,270
2,450
26,200
2,100
28,300
3,730
32,030
1,200
970
3,900
2,370
1,450
2,370
760
8,500
2,150
2,450
26,120
2,100
28,220
3,490
31,710
1,250
953
3,950
2,192
1,542
2,320
818
9,400
2,467
2,610
27,502
2,134
29,636
3,861
33,497
1,250
970
3,900
2,400
1,560
2,250
800
9,500
2,500
2,550
27,680
1,800
29,480
3,925
33,405
830
1,348
3,817
2,087
1,392
2,142
674
8,451
2,269
2,992
26,000
n/a
n/a
n/a
n/a
862
1,399
3,964
2,167
1,445
2,224
700
8,776
2,356
3,107
27,000
n/a
n/a
n/a
n/a

* ͹ഹʷ ҫҵ , :http://www.eia.doe.gov/cabs/opec.html

ҤҹѹԺ
˹ : ­Ѱ/

ǧ һ ҹ ù WTI
2546 30.06 27.13 26.75 28.67 31.06
2547 41.20 34.38 33.69 38.22 41.44
4 (2546) 31.26 28.08 27.67 29.33 31.14
1 (2547)
2 (2547)
3 (2547)
4 (2547)
34.84
37.75
45.58
46.36
29.84
33.46
33.76
37.30
29.54
33.28
36.22
35.55
31.71
35.31
41.21
44.33
35.33
38.30
43.79
48.29

1.3 Ҥҹѹٻ㹵Ҵԧ

Ҥҹѹٻ㹵Ҵԧ㹻 2547 Ѻ٧鹷ءԵѳºѺ 2546 ҤҹѹູԹ͡෹ 95 , 92 Ҵ عйѹ Ѻ٧ 12.54, 12.60, 14.57, 13.38 2.13 ­Ѱͺ дѺ 47.23, 46.24, 47.47, 45.69 29.50 ­Ѱͺ ӴѺ ҡػʧ鹢ͧɰԨµǢͧҤ ੾ չ ԹЭ ֧ͧ Ҥصҡ ǹػҹ֧Ǩҡѭç蹹ѹ觻Դا ´͹ǢͧҤػ ѧ

1 ҤҹѹٻءԵѳѺ٧ ҤҹѹູԹ͡෹ 95 92 Ѻ٧ 5.9 6.2 ­Ѱͺ ӴѺ Ҥṿ ػʧҡҤصˡ ШҡͧѹູԹͧչҡԺ⵷ҧɰԨ ੾иáԨصˡҹ¹ зػҹ㹵ҴŴŧҡçҤ»ԴاШӻ ç蹹ѹͧѰԡФǵԴѭҷҧ෤ԤͧԴءԹ ǹҤҹѹعǻѺ٧ 4.6 ­Ѱͺ ҡͧëͧ͢´ ͧ Թⴹ ѧ ԻԹ Шչ йѹҡѹ͡ҧҤŴŧ ҤҹѹҴйѹһѺ٧ 2.4 0.9 ­Ѱͺ ӴѺ ػҹ㹵ҴŴŧҡҪҢͧâ觨ҡŴҶ֧µͧҪ͡ ͧҡͧ᤺ Bosphorus ԴѭҾҡ˹ǨѴ Ŵ͡ 㹢зդͧëͨҡչ ´ ԻԹ Թⴹ ѹ ੾Шչҹѹ㹡üԵ俿صˡҤ¢ͧѹູԹ͡෹ 95 , 92 Ҵ ع дѺ 42.83, 41.94, 38.15, 38.26 27.35 ­Ѱͺ ӴѺ

2 ҤҹѹٻءԵѳѺ٧ ҤҹѹູԹ͡෹ 95 92 Ѻ٧ 3.5 3.1 ­Ѱͺ ӴѺ ç蹹ѹҤ»Դا Шӻ աç蹹ѹ㹤ǵ Ѱ Louisina Ѱԡ Դѭҷҧ෤ԤͧԴءԹ ǹҤҹѹعǻѺ٧ 2.7 ­Ѱϵͺ ҡͧëͧ͢չ Թⴹ ´ ͹Ҥɵá СͺѺػҹѹҡѹ͡ҧ ҤŴŧ Ŵ͡ŧ ͡ҡ International Enterprise Singapore (IES) СȻҳͧ Middle Distillates ͧԧŴŧ дѺ 5.81 ҹ ҤҹѹҴһѺ٧ 5.1 1.9 ­Ѱͺ ӴѺ ҡͧëͧ͢չ ´ лҡʶҹ СͺѺЫشŴ͡ѹ ͧҡç蹹ѹԴاШӻ չѹҡѹҤ Ŵŧ 1 ҹѹ дѺ 2.5 ҹѹ йѹҨҡ·˹չŴŧҡ仨˹ᶺѹ᷹ Ҥ¢ͧѹູԹ͡෹ 95 , 92 Ҵ ع дѺ 46.33, 45.08, 43.27, 40.98 29.23 ­Ѱͺ ӴѺ

3 ҤҹѹٻءԵѳѺ٧ ҤҹѹູԹ͡෹ 95 92 Ѻ٧ 2.7 2.9 ­Ѱͺ ӴѺ Ҥṿ դͧҧͧҡ ѧҡҤ Ethylene Ѻ٧鹡 1,000 ­Ѱ/ѹ 1,900 ­Ѱ/ѹ Фͧëͧ͢ԹⴹѰԡҷѧ СͺѺç蹹ѹԹἹԴاШӻ ҤҹѹعǻѺ٧ 8.5 ­Ѱͺ ػҹŴŧҡç蹹ѹ蹻ԴءԹ СͺѺѹҡѹ͡ҧҤŴŧ 㹢зդͧëͨҡ ´ Թⴹ ԻԹ ѧ չͧ ҤҹѹҴһѺ٧ 8.6 0.9 ­Ѱͺ ӴѺ ҡ IES §ҹ Residues Stock Ŵŧ 0.48 ҹ/ѹ дѺ 12.58 ҹ СͺѺդͧëͧ͢չ Թⴹ ´ ѹ ԻԹ Э ­դͧë͹ѹ㹡üԵ俿 ѧç俿ҾѧҹͧԴءԹ ͡ҡ ҤҹѹûѺ٧觼ҤҹѹҨҡѹҤŴŧ Ҥ¢ͧѹູԹ͡෹ 95 , 92 Ҵ ع дѺ 48.99, 47.94, 51.87, 49.52 30.15 ­Ѱͺ ӴѺ

4 ҤҹѹٻѺ٧ ҤҹѹູԹ͡෹ 95 92 Ѻ٧ 1.6 1.9 ­Ѱͺ ӴѺ Ҥṿҷ Ѻ٧鹨ҡѹ͡ҧШչ Ŵ͡ зդͧëͨҡ´ Թⴹ пԻԹ ФͧͧѰԡ㹪ǧȡŢͺس (Thank Giving) ҤҹѹعǻѺ٧ 4.3 ­Ѱͺ ػҹҡѹ͡ҧҤŴŧ ѧûͿԡ 㹢зդͧëͨҡչ Թ ԻԹ ѧ Թⴹ ҤҹѹҴһѺ٧ 4.4 1.1 ­Ѱͺ ӴѺ ҡѹҷҤ§ 1 ҹѹ Ŵŧ 2.1 ҹѹ еҴҴҨչйҹѹҨҡҳ 610 ѹѹ СͺѺѹҡѹҤŴŧ ͧҡҢдѺ٧ Ҥ¢ͧѹູԹ͡෹ 95 , 92 Ҵ ع дѺ 50.63, 49.86, 56.30, 53.78 31.22 ­Ѱͺ ӴѺ

ҤҼԵѳѹٻԧ
˹:­Ѱ/

ǧ

ູԹ
͡෹ 95
ູԹ
͡෹ 92
Ҵ
ع

(2%S)

(3.5%S)
2546 34.69 33.64 32.90 32.31 27.37 26.39
2547 47.23 46.24 47.47 45.69 29.50 28.62
4 (2546) 36.96 35.70 35.71 33.71 26.46 25.33
1 (2547) 42.83 41.94 38.15 38.26 27.35 26.35
2 (2547) 46.33 45.08 43.27 40.98 29.23 28.45
3 (2547) 48.99 47.94 51.87 49.52 30.15 29.30
4 (2547) 50.63 49.86 56.30 53.78 31.22 30.34

1.4 ҤҢ»աͧ

ҤҢ»աѹԧ㹻 2547 Ѻ٧ºѺ 2546 ҤҢ»աѹູԹ͡෹ 95 , 91 дعǻѺ٧ 2.42 , 2.61 0.57 ҷ/Ե ӴѺ Ѩ¤Թҷ㹻 2547 秵ǢºѺ 2546 ҳ 1.2295 ҷ/­Ѱ дѺ 40.3805 ҷ/­Ѱ 鹷عҤҹѹͧ鹹¡Ҥҹѹ㹵Ҵš ͺҼšзͻЪҪҡѭҤҹѹᾧ Ѱ֧ҤҢ»աѹູԹ͡෹ 95 , 91 дع ا෾ҹ дѺ 16.99 , 16.19 14.59 ҷ/Ե ӴѺ ѹ 10 Ҥ 2547 繵 觵Ѱ»ѺҤҹѹູԹ Ҥµ ѹ 21 Ҥ 2547 ´ػ ѧ

1 㹪ǧ͹ҤҢ»աѺ٧鹵Ҥҹѹ㹵Ҵš ·ҤҹѹູԹ͡෹ 95 91 Ѻ٧ дѺ 17.79 16.99 ҷ/Ե ӴѺ Ҥ٧ش ѵԡó ҡдѺҤҹѹ㹻 Ҩ觼šзͻЪҪ ѰŨ֧ӹºµ֧Ҥҹѹԧ ռźѧѺѹ 10 Ҥ 2547 繵 µ֧ҤҢ»աѹູԹ͡෹ 95 , 91 дع ا෾ҹ дѺ 16.99 , 16.19 14.59 ҷ/Ե ӴѺ ҤҢ»ա 1 ͧѹູԹ͡෹ 95 , 91 дع дѺ 17.03 , 16.23 14.58 ҷ/Ե ӴѺ

ҤҢ»ա
˹ : ҷ/Ե

ǧ ູԹ
͡෹ 95
ູԹ
͡෹ 91
ع
2546 16.65 15.65 14.02
2547 19.07 18.27 14.59
4 (2546) 16.65 15.82 14.08
1 (2547) 17.03 16.23 14.58
2 (2547) 17.59 16.79 14.59
3 (2547) 20.45 19.62 14.59
4 (2547) 21.16 20.36 14.59

2 աûѺҤҢ»աѹູԹءԴ 3 0.60 ҷ/Ե 1.80 ҷ/Ե ҤҢ»աѹູԹ͡෹ 95 , 91 дع ا෾ҹ дѺ 18.79, 17.99 14.59 ҷ/Ե ӴѺ ҤҢ»ա 2 ͧѹູԹ͡෹ 95 , 91 дع дѺ 17.59 , 16.79 14.59 ҷ/Ե ӴѺ

3 ҤҢ»աѹູԹءԴ١ѺҤա 5 0.60 ҷ/Ե 3.00 ҷ/Ե ҤҢ»աѹູԹ͡෹ 95 , 91 дع ا෾ҹ дѺ 21.79 , 20.99 14.59 ҷ/Ե ӴѺ ҤҢ»ա 3 ͧѹູԹ͡෹ 95, 91 дع дѺ 20.45 , 19.62 14.59 ҷ/Ե ӴѺ

4 ûѺҤҢ»աѹູԹءԴ١Ѻ 0.60 ҷ/Ե ռŵѹ 20 Ҥ 2547 ¡ԡǺҤҹѹѹ 21 Ҥ 2547 繵 ҤҢ»աѹູԹ͡෹ 95 , 91 дع ا෾ҹ дѺ 22.39 , 21.59 14.59 ҷ/Ե ӴѺ ҤҢ»ա 4 ͧѹູԹ͡෹ 95 , 91 дع дѺ 21.16 , 20.36 14.59 ҷ/Ե ӴѺ

1.5 ҡõҴ

ҡõҴ¢ͧ 2547 Ѻ٧ºѺ 2546 ҳ 0.0602 ҷ/Ե дѺ 1.1275 ҷ/Ե Ѻ¹ŧͧҡõҴ㹻 2547 仵ҧҧҧ

ҡõҴ¢ͧ
˹ : ҷ/Ե

ǧ ູԹ
͡෹ 95
ູԹ
͡෹ 91
ع
2546 1.3433 1.1602 0.9896 1.0673
2547 1.5073 1.4834 0.9638 1.1275
4 (2546) 1.2622 1.1318 1.1124 1.1362
1 (2547) 1.3801 1.3147 0.9263 1.0551
2 (2547) 1.4984 1.4352 0.9864 1.1336
3 (2547) 1.4984 1.4352 0.9864 1.1336
4 (2547) 1.6553 1.7543 0.9561 1.1890

1.6 ҡá

ҡá¢ͧ 2547 дѺ 1.3115 ҷ/Ե (2.25 ­Ѱͺ) Ѻ 0.5370 ҷ/Ե ºѺ 2546 ÷ҡáдѺ٧ ͧҡҤҹѹٻѺ ٧ҡҤҹѹԺ Ѻ¹ŧͧҡá㹻 2547 仵ҧҧҧ

ҡá
˹ : ҷ/Ե

ǧ ҡá
ູԹ
͡෹ 95
ູԹ
͡෹ 87-91

ع

(3.5%S)
2546 0.7745 0.8801 0.8241 0.8283 0.6503
2547 1.3115 1.5056 1.4413 1.4893 0.9087
4 (2546) 0.7780 0.9126 0.8659 0.8380 0.6073
1 (2547) 1.2981 1.5373 1.4773 1.4153 0.9452
2 (2547) 0.9911 1.1960 1.1524 1.0821 0.7301
3 (2547) 1.1594 1.2991 1.2536 1.3411 0.7753
4 (2547) 1.8100 2.0034 1.8938 2.1345 1.1919

2. Ҥҹѹ 2548

2.1 ҤҹѹԺ ѡҴ ҤҹѹԺ㹻 2548 ѧçдѺ٧§Ѻ 2547 ҤҹѹԺù͹дѺ 34 - 37 45 - 47 ­Ѱͺ ӴѺ Energy Information Administration (EIA) ͧзǧѧҹѰԡ ҳѵͧͧѹͧš 2548 2.4 ҡдѺ 3.5 ͧ 2547 ɰԨš 2548 ͵ŧ 觸Ҥš (World Bank) ҴóѵҡâµǷҧɰԨš (GDP) 2548 Ŵŧҳ 3.2 ºѺ 2547 дѺ 4.0 ҡѨҤҹѹдѺ٧ ֧ûѺͧѵҴ͡ EIA ҴҤͧѹš 2548 дѺ 84.5 ҹ/ѹ ¡繻ȡ OECD й͡ OECD дѺ 49.9 34.6 ҹ/ѹ ӴѺ ǹҳüԵѹͧš 2548 дѺ 84.6 ҹ/ѹ §Ѻͧѹͧš ¡繡໤л ͡໤дѺ 33.4 51.2 ҹ/ѹ ҧá СâµɰԨš 2548 Ҩ ӡҷҴó ͧҡšзҡ¸ҵԤ˭ (Tsunamis) Ҥ Ҩռŷҳѹͧջ ੾Թ Թⴹ ѧ Ŵŧ

駹 ѧջѨ ռŵ͡¹ŧͧҤҹѹԺ㹵Ҵš ҫ秡âͧͧع (Hedge Funds) ѭҤʧ˵ءóзǧ㹻ȡԵѹ ֧鹢ͧҳüԵѹԺͧѡ

2.2 Ҥҹѹٻ㹵Ҵԧ ҴҤҹѹູԹ͡෹ 95 дع Ҵԧͧ 2548 ͹дѺ 47 - 52 48 - 53 ­Ѱͺ ӴѺ Ҥ ѹԺػʧҤ ֧âµǢͧصˡ ѹູԹѵشԺ ͡ҡ ¹ŧҤҹѹٻЪԴ仵ǧĴ١Ŵ ѹູԹ㹡âѺҹ˹ ҤҨлѺ٧Ĵ͹ ͧҡ繪ǧͧ ǹѹعйѹ繹ѹͤͺ ͧѹ٧㹪ǧĴ˹

2.3 ҤҢ»աѹٻͧ »Ҥҹѹٻͧ¨͹¹ŧʹͧѺҤҹѹ Ҵԧ ͧҡѭҤҹѹᾧ㹻 2547 ѰŨ֧ҵáõ֧Ҥҹѹԧ ͺҼšзԴ鹡ѺɰԨлЪҪ ռŵѹ 10 Ҥ 2547 µ֧ҤҹѹູԹ͡෹ 95 , 91 дعдѺ 16.99 , 15.99 14.59 ҷ/Ե ӴѺ 觵ҡзǧѧҹ»ѺҤҹѹູԹлҤҹѹູԹµ㹷ش ѹ 21 Ҥ 2547 繵 ѧ֧ҤҹѹعдѺ 14.59 ҷ/Ե 仨֧ 1 2548

ҡ÷Ҥҹѹ㹵ҴšѺ٧ҡ »Ѩغѹͧعѹ ͧѺШ Ҥҹѹ٧֧ 3.0 - 4.0 ҷ/Ե ҤҹҨѧçдѺ٧ ѧѹ 22 Ҿѹ 2548 ѰѺҤҢ»աѹ 0.60 ҷ/Ե дѺ 15.19 ҷ/Ե ŴСèԹ¨ҡͧعѹ еѹ 23 չҤ 2548 ѰСȻѺҤҢ»աѹ ա 3 ҷ/Ե ҤдѺ 18.19 ҷ/Ե 觤ҴҨеͧա÷»ѺҤҹѹعз͹鹷عҤҷԧ