Investment Rating - The report maintains a rating of "B" for the wind power industry, indicating a positive outlook based on recent policy developments and market performance [2]. Core Insights - The introduction of the "Energy Law" in China is expected to drive rapid development in the wind power sector, promoting green and low-carbon transitions [2]. - In Q3 2024, China's wind power installed capacity reached 12.84 GW, marking a year-on-year increase of 16.73% and a quarter-on-quarter increase of 27.51% [2]. - The report highlights a consensus within the wind power industry to resist price competition, which may improve supply dynamics and stabilize prices for wind power equipment [2]. Market Performance - The new materials sector saw an increase, with the new materials index rising by 8.55%, although it underperformed compared to the ChiNext index by 0.77% [3]. - Over the past five trading days, various sub-sectors performed as follows: synthetic biology index up 4.54%, semiconductor materials up 7.58%, electronic chemicals up 6.87%, biodegradable plastics up 5.96%, industrial gases up 7.30%, and battery chemicals up 10.96% [3][16]. Price Tracking - The report provides a weekly price tracking of various chemical products, including amino acids and industrial gases, indicating stable prices for many products [4][10]. - Specific prices noted include: - Valine at 12,700 CNY/ton (up 0.79%) - Arginine at 30,000 CNY/ton (unchanged) - Hydrogen fluoride (UPSSS grade) at 11,000 CNY/ton (unchanged) [4]. Industry News - The report mentions the signing of a self-discipline agreement among wind power companies, which aims to curb unhealthy price competition [2]. - The production of HDI monomer by Meirui New Materials has commenced, contributing to the supply chain in the new materials sector [2].
新材料行业周报：新材料周报（241104-1108）《中华人民共和国能源法》出台，美瑞新材HDI单体投产
Shanxi Securities·2024-11-11 11:55