化工行业周报:前10月化学原料和化学制品制造业利润同比下降7.7%,环己烷等化工品价格周环比上行
Xinda Securities·2024-11-29 15:51

Investment Rating - The report does not explicitly state an investment rating for the chemical industry [2]. Core Insights - The profit of the chemical raw materials and products manufacturing industry decreased by 7.7% year-on-year in the first ten months of 2024, with total profits amounting to 337.65 billion yuan [2][18]. - Key stocks highlighted include Sailun Tire, Quercus Co., and General Co. [2]. - The basic chemical sector saw a weekly increase of 1.49% in the stock market, with the Shanghai Composite Index rising by 1.81% [6][8]. Market Performance Review - As of November 28, 2024, WTI crude oil prices were $68.72 per barrel, down 0.04% week-on-week, while Brent crude oil prices were $73.86 per barrel, down 1.78% [11]. - The price of LNG was 4480 yuan per ton, down 2.35% week-on-week, and the price of thermal coal was 708 yuan per ton, down 0.42% [11][12]. - The chemical fiber sector increased by 2.47%, while the chemical raw materials sector decreased by 0.24% during the same week [8]. Industry Data - The total profit of industrial enterprises above designated size in China decreased by 4.3% year-on-year, with the oil and gas extraction industry seeing a profit decrease of 1.8% [2]. - The average price of natural rubber was 17300 yuan per ton, up 31.90% year-on-year, while the average price of styrene-butadiene rubber was 14608 yuan per ton, up 23.27% year-on-year [18]. Key Chemical Products Price Changes - The top ten products with the highest price increases included cyclohexane (up 8.47%) and niacinamide (up 7.95%) [15][16]. - The products with the largest price decreases included n-propanol (down 14.68%) and dichloropropane (down 9.52%) [15][16]. Focus Industry Tracking - In the tire industry, the raw material price index for tires was 162.76, down 2.15% week-on-week but up 23.27% year-on-year [18]. - The operating rate for full steel tires was 59.95%, down 2.65 percentage points from the previous week [22].

化工行业周报:前10月化学原料和化学制品制造业利润同比下降7.7%,环己烷等化工品价格周环比上行 - Reportify