化工行业周报：赛轮实控人拟增持，制冷剂、氯化钾等价格上行

Investment Rating - The report does not explicitly provide an investment rating for the chemical industry Core Insights - The report highlights a significant increase in the prices of refrigerants and potassium chloride, with potassium chloride's average market price rising to 2523 CNY/ton, a 4.86% increase from the previous week [19] - The actual controller of Sailun Tire plans to increase shareholding, indicating confidence in the company's future development [4][19] - The basic chemical sector experienced a decline, with the basic chemical index dropping by 3.57% during the week [4] Market Performance Review - The Shanghai Composite Index fell by 3.52% to 3330.73 points, while the Shenzhen Component Index decreased by 3.7% to 10748.97 points [4] - The basic chemical sector's performance was notably poor, with sub-sectors such as rubber and agricultural chemicals seeing declines of 7.21% and 4.9% respectively [4][5] Industry Fundamentals - As of November 14, 2024, WTI crude oil prices were at 68.43 USD/barrel, down 4.55% week-on-week, while Brent crude was at 73.66 USD/barrel, down 2.63% [6] - The average price of LNG was 4500 CNY/ton, reflecting a 0.88% decrease, and the average price of thermal coal was 714 CNY/ton, down 0.14% [6] - The report notes a cautious outlook on demand, particularly for LNG, with prices remaining weak due to oversupply [6] Key Product Price Movements - The report lists the top ten chemical products with price increases, including folic acid (up 19.32%) and propanol (up 13.68%) [10][11] - Conversely, significant price drops were noted for products like liquid chlorine (down 35.32%) and butadiene (down 13.29%) [10][11] Focus Industry Tracking Tire Industry - The average price of natural rubber was 16925 CNY/ton, down 4.34% week-on-week, while synthetic rubber prices also saw declines [12] - The tire raw material price index stood at 170.11, reflecting a 3.10% decrease week-on-week but a 26.96% increase year-on-year [12] Agricultural Chemicals - The average price of urea was 1838 CNY/ton, down 0.86% from the previous week, indicating weak demand in the market [19] - Phosphate rock prices remained stable, with 30% grade averaging 1018 CNY/ton [19][20] Coal Chemical Industry - Methanol prices saw a slight increase to 2082 CNY/ton, up 0.63% week-on-week, supported by a decrease in production rates [24][25] Fine Chemicals - The report notes stability in the sweetener market, with sucralose prices holding at 240,000 CNY/ton, while aspartame prices remained stable between 37,000 and 38,000 CNY/ton [26]