基础化工行业周报：裕龙岛炼化一体化项目投产，南山智尚高性能锦纶项目进入设备安装阶段

Investment Rating - The report maintains a strong rating for the chemical industry, indicating that it is outperforming the market [4]. Core Insights - The chemical sector has shown significant growth, with the Shanghai Composite Index rising by 12.81%, the ChiNext Index by 22.71%, and the CSI 300 by 15.7% during the week [13][15]. - Key sub-industries within the chemical sector have experienced notable price increases, particularly in other chemical raw materials (17.56%), potassium fertilizers (17.21%), and other chemical products III (16.46%) [15]. - The report highlights the launch of the Yulong Island refining and chemical integration project, which is the largest single investment industrial project in Shandong Province, aimed at maximizing the value of crude oil through a complete industrial chain [3]. - The South Mountain Zhishang high-performance nylon project has entered the equipment installation phase, with an expected annual production capacity of 80,000 tons [3]. Summary by Sections Market Performance - The overall performance of the chemical sector has been robust, with significant increases in major indices and sub-indices [13][15]. - The top-performing sub-industries include other chemical raw materials, potassium fertilizers, and other chemical products III, while the lowest performers include compound fertilizers and modified plastics [15][17]. Key Industry Developments - The Yulong Island project aims to enhance the domestic refining and chemical industry by utilizing advanced technology and maximizing production efficiency [3]. - The South Mountain Zhishang project is expected to contribute to the high-performance nylon market, with production anticipated to begin in November 2024 [3]. Investment Themes - The report identifies several investment themes, including: - The tire sector, where domestic companies are becoming increasingly competitive, with recommended stocks such as Sailun Tire and Linglong Tire [4]. - The consumer electronics sector, which is expected to recover, benefiting upstream material companies like Dongcai Technology and Stik [4]. - The phosphorous chemical industry, which is tightening due to environmental regulations and increasing demand from the new energy sector, with recommended stocks including Yuntianhua and Chuanheng [4]. - The fluorochemical industry, which is experiencing a recovery in profitability due to reduced production quotas for refrigerants [4]. - The polyester filament sector, which is poised to benefit from a recovery in textile and apparel demand [4].