美对欧盟多数商品征收关税税率最高15%；超20家钛白粉生产企业宣布涨价丨盘前情报

Market Overview - On August 21, the A-share market experienced fluctuations, with the Shanghai Composite Index rising by 0.13% to 3771.1 points, while the Shenzhen Component Index fell by 0.06% to 11919.76 points, and the ChiNext Index decreased by 0.47% to 2595.47 points. The total trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, an increase of 158 billion yuan compared to the previous trading day, marking the seventh consecutive day of trading volume exceeding 2 trillion yuan [1][2] - The market showed mixed performance with over 3000 stocks declining. Notable sectors included digital currency stocks, which surged, and oil and gas stocks, which performed actively. Conversely, high-priced stocks collectively fell, with sectors such as rare earth permanent magnets and liquid cooling servers experiencing significant declines [1] International Market - The U.S. stock market saw declines on August 21, with the Dow Jones Industrial Average dropping by 152.81 points (0.34%) to 44785.50 points, the S&P 500 falling by 25.61 points (0.40%) to 6370.17 points, and the Nasdaq Composite decreasing by 72.55 points (0.34%) to 21100.31 points [2][4] - In Europe, the FTSE 100 index rose by 0.23% to 9309.20 points, while the CAC 40 index in France fell by 0.44% to 7938.29 points, and the DAX index in Germany increased by 0.07% to 24293.34 points [2] Commodity Prices - International oil prices increased on August 21, with light crude oil futures for October delivery rising by $0.81 (1.29%) to $63.52 per barrel, and Brent crude oil futures for October delivery increasing by $0.83 (1.24%) to $67.67 per barrel [3][4] Trade Agreements - The U.S. and EU have reached a framework agreement on a trade deal, which includes 19 key points covering various sectors such as agriculture, automobiles, aircraft, semiconductors, energy, and digital trade barriers. The U.S. will apply a maximum tariff rate of 15% on most EU goods, while the EU will eliminate tariffs on all U.S. industrial products and provide preferential market access for U.S. agricultural products [5] Electricity Consumption - China's total electricity consumption reached a historic milestone of over 1 trillion kilowatt-hours in July, marking the first time globally. This represents a year-on-year increase of 8.6%, doubling the consumption from ten years ago. The increase is attributed to high temperatures and stable industrial production [6] Industry Developments - The first partner conference of Zhiyuan Robotics was held on August 21, where it was announced that the company expects to ship thousands of units this year and tens of thousands next year, aiming for hundreds of thousands in the coming years [7] - Over 20 titanium dioxide production companies have announced price increases, with Dragon White Group raising prices by 500 yuan per ton for domestic customers and $70 per ton for international customers starting August 18, 2025 [7] - A new policy financial tool worth 500 billion yuan will be introduced to support emerging industries and infrastructure, focusing on areas such as digital economy, artificial intelligence, and green low-carbon initiatives [8] Financial Market Insights - Huatai Securities reported that the A-share market's trading volume exceeded 2 trillion yuan, indicating high trading activity without significant signs of overcrowding. The number of private equity product registrations increased by 6% in early August compared to July [10][11] - The AI sector is rapidly penetrating the chemical industry, with applications in high-risk inspections, automated experiments, and product formulation upgrades [11] Company Announcements - Sinopec plans to repurchase 500 million to 1 billion yuan of its A-shares [12] - Wan Tai Biological's nine-valent HPV vaccine has received its first batch release certificate [12] - Jinbei Electric has signed a factory purchase agreement, marking substantial progress in its European base construction [12]