化工行业周报:美国商务部公布对泰国卡客车胎反倾销终裁税率,EVA价格止跌上涨
Xinda Securities·2024-10-18 10:00

Investment Rating - The report does not explicitly state an investment rating for the chemical industry, but it highlights key companies such as Sailun Tire, Xincheng Shares, and General Shares as important targets for investment [2]. Core Insights - The U.S. Department of Commerce announced final anti-dumping duties on truck tires imported from Thailand, with rates significantly higher than preliminary rates, impacting market dynamics [2]. - EVA prices have stopped declining and are on the rise, indicating a potential shift in market conditions [2]. - The basic chemical sector showed a mixed performance, with the Shanghai Composite Index rising by 1.36% and the Shenzhen Component Index increasing by 2.95% during the week [5]. Market Overview - As of October 17, 2024, WTI crude oil prices were $70.39 per barrel, down 3.89% week-on-week, while Brent crude was $74.07 per barrel, down 6.63% [10]. - The price of LNG was reported at 4946 yuan per ton, a decrease of 2.60% week-on-week [10]. - The basic chemical sector saw a 0.98% increase, with notable gains in the rubber sector (up 6.26%) and plastic sector (up 4.00%) [7][5]. Key Industry Tracking Tire Industry - As of October 18, 2024, the average price of natural rubber was 17,400 yuan per ton, up 2.35% week-on-week, while styrene-butadiene rubber was 16,588 yuan per ton, down 1.99% week-on-week [16]. - The tire raw material price index was reported at 187.17, reflecting a week-on-week decrease of 0.91% but a year-on-year increase of 7.53% [16]. Agricultural Chemicals - The average price of potassium chloride was 2,442 yuan per ton, up 1.96% week-on-week [25]. - Urea prices decreased to 1,874 yuan per ton, down 2.5% week-on-week, indicating a cautious market sentiment [25]. Coal Chemical Industry - Methanol prices continued to decline, averaging 2,038 yuan per ton, down 4.05% week-on-week [32]. - The overall market atmosphere for methanol remains bearish, with supply levels remaining ample [32]. Fine Chemicals - The market for sweeteners like sucralose is experiencing stable pricing, with actual transaction prices around 180,000 yuan per ton [38]. - The market for vitamins, particularly vitamin A, is facing downward pressure, with prices dropping to 160-170 yuan per kilogram [38]. Refrigerants - Refrigerant prices are stable, with R22 averaging 30,500 yuan per ton and R134a at 34,000 yuan per ton, indicating a steady market despite supply constraints [42]. New Energy Upstream Products - The domestic soda ash market remains stable, with light soda ash priced at 1,463 yuan per ton, down slightly week-on-week [50].