制冷剂、草甘膦等高景气延续，国内外政策催化大炼化行业关注度提升

Group 1 - The demand for glyphosate remains strong, with orders for formulations in overseas markets such as Africa continuing to be released, leading to a price increase to 26,899 yuan/ton, up 200 yuan/ton from the previous week [1][2] - The gross profit for glyphosate has risen to 3,964.1 yuan/ton, an increase of 239 yuan/ton compared to last week [1][2] - The weekly production of glyphosate is reported at 8,600 tons, an increase of 18.71% from the previous week, while inventory has decreased by 0.07 million tons to 27,800 tons [2] Group 2 - The prices of R32 and other third-generation refrigerants have increased, with R32 rising by 1,000 yuan/ton to 58,500 yuan/ton, driven by steady demand due to high summer temperatures and supply constraints from quota policies [2] - The petrochemical industry in South Korea is facing a supply surplus, prompting the government to require major companies to submit reduction plans for their naphtha cracking capacity by the end of the year [3] - The Chinese petrochemical industry is expected to see a reduction in refining capacity and outdated equipment, increasing attention on the refining sector [3] Group 3 - The civil explosives industry is experiencing accelerated consolidation as the "14th Five-Year Plan" approaches its conclusion, with several infrastructure projects expected to boost domestic demand [4] - The "Belt and Road" initiative is anticipated to help civil explosive companies expand their overseas markets [4] - The agricultural chemicals sector is facing potential supply disruptions due to safety production accidents at key enterprises, with a focus on companies like Yangnong Chemical and Xingfa Group [4]