化工行业周报：甲醇等化工品价格上行

Investment Rating - The report does not explicitly provide an investment rating for the chemical industry Core Insights - The report highlights a general upward trend in the prices of methanol and other chemical products, with methanol prices increasing by 4.71% to 2180 CNY/ton [35] - The basic chemical sector has shown mixed performance, with the chemical fiber sector rising by 1.83% while non-metallic materials II fell by 4.28% [6][7] - Key companies in focus include Sailun Tire, Quercus Co., and General Co. [2] Market Overview - As of November 21, 2024, WTI crude oil prices were at 68.75 USD/barrel, up 0.47% week-on-week, while Brent crude was at 75.2 USD/barrel, up 2.09% [9] - The basic chemical sector index fell by 0.63% during the week [6] - The report notes that the overall market sentiment remains cautious, with many companies maintaining a wait-and-see approach [25] Key Industry Tracking - In the tire industry, natural rubber prices averaged 16,667 CNY/ton, down 1.52% week-on-week, while synthetic rubber prices also saw declines [16] - The methanol market is experiencing a price increase due to reduced import expectations and stable domestic demand from downstream industries [35] - The agricultural chemical sector is facing a decline in potassium chloride prices, averaging 2,502 CNY/ton, down 0.83% week-on-week [25] Price Movements - The top ten chemical products with the highest price increases include folic acid (up 57.14%) and methanol (up 5.61%) [13][14] - Conversely, the largest price declines were seen in liquid chlorine (down 15.13%) and octanol (down 6.24%) [14] Company Focus - The report emphasizes the performance of key companies such as Sailun Tire, which has been recognized for energy efficiency in Shandong Province [2] - The report suggests that companies in the chemical sector should be monitored closely for potential investment opportunities based on market trends and price movements [2]