新材料周报：上海市出台新材料发展新方案，叶酸市场价格大幅上涨

Investment Rating - The report maintains an investment rating of "Outperform" for the new materials sector [1]. Core Insights - The Shanghai Municipal Government has introduced a new plan to support the development of the new materials industry, particularly focusing on synthetic biology. The market for biological manufacturing is projected to reach nearly 2 trillion yuan by 2033, with a compound annual growth rate (CAGR) of 16.6% from 2023 to 2033. The report suggests paying attention to leading companies in the synthetic biology sector, such as Huaheng Biological, Kaisa Biological, and Lanxiao Technology [1]. Summary by Sections 1. Secondary Market Performance - The new materials sector experienced a decline, with the new materials index falling by 3.98%, underperforming the ChiNext index by 0.62%. Over the past five trading days, the synthetic biology index dropped by 3.16%, while semiconductor materials rose by 2.44% [1][25]. 2. Industry Chain Data Tracking - Amino acids: Valine at 13,300 yuan/ton (up 4.72%), Arginine at 30,000 yuan/ton (unchanged), Methionine at 19,750 yuan/ton (down 1.00%) [1]. - Degradable plastics: PLA (injection grade) at 18,600 yuan/ton (down 1.06%), PBS at 20,500 yuan/ton (unchanged) [1]. - Industrial gases: UPSSS grade hydrofluoric acid at 11,000 yuan/ton (unchanged) [1]. - Vitamins: Vitamin A at 161,000 yuan/ton (up 7.33%), Vitamin E at 147,500 yuan/ton (up 1.72%) [1]. 3. Industry News - The report highlights the issuance of the "Implementation Plan for Promoting High-Quality Development of the New Materials Industry in Shanghai (2025-2027)" by the Shanghai Municipal Economic and Information Commission and other departments, emphasizing the focus on building a biological manufacturing innovation hub [1].