新材料行业：5月多项指数有变动，西安设百亿产业基金

Core Insights - The new materials industry remains at a low point in 2025, with various data and significant events drawing attention [1] Industry Overview - The CIB New Materials Price Index in May stands at 60.2, reflecting a month-on-month increase of 1.9% but a year-on-year decline of 13.1%, down 53.7% from the peak in March 2022 [1] - The operating index is at 67.2%, with a slight month-on-month increase of 0.2 percentage points and a year-on-year decrease of 1.6 percentage points [1] - In Q1 2025, the CIB New Materials Enterprise Profit Index is at 84.6, up 9.0% from the previous quarter and 10.4% year-on-year [1] - New materials listed companies report a revenue increase of 6.8% year-on-year, marking two consecutive quarters of positive growth, with a gross margin of 19.0%, ending a three-quarter decline [1] Key Events - On May 20, a cooperation agreement for a new materials industry fund was signed by the Northwest Nonferrous Metals Research Institute and two other parties, aiming to establish a 10-year, 10 billion yuan fund, potentially expanding to 100 billion yuan [1] - Significant events include India's imposition of anti-dumping duties on Chinese titanium dioxide on May 10, and the commencement of two Sinopec projects at the Ningdong base on May 18 [1] - On May 28, the first batch of silicon carbide wafers was produced at the Changfei Advanced Semiconductor Wuhan base, and on June 6, the China Pingmei Shenma Group project was launched [1] - Saudi Aramco signed a nearly 90 billion dollar agreement on May 15, while on June 5, LyondellBasell entered negotiations for asset sales [1] Material Prices and Trends - In May, advanced chemical materials showed high operating rates, but prices and gross margins declined; advanced inorganic non-metallic materials saw stable glass fiber prices but falling glass prices [1] - Advanced steel materials experienced a rise in carbon steel prices while spring steel prices fell; advanced non-ferrous metal materials like titanium have seen price increases for seven consecutive months, while aluminum alloy prices slightly decreased [1] - Demand for new energy materials remains high, but material prices are declining; prices for green low-carbon materials are stable or slightly down [1] - In the electronics information materials sector, semiconductor sales growth is moderate, while panel shipment areas have decreased, and most electronic chemicals have seen significant price drops [1]