基础化工行业周报：硫磺、盐酸等涨幅居前，建议继续关注钛白粉板块和轮胎板块

Investment Rating - The report maintains a "Buy" rating for several companies in the chemical industry, including China Petroleum & Chemical Corporation, Sanyuan Foods, and others [3][20]. Core Insights - The report highlights significant price increases in sulfur (up 13.95%) and hydrochloric acid (up 11.11%), while raw salt and titanium concentrate saw notable declines [19][20]. - It suggests continued focus on undervalued, high-dividend stocks such as China Petroleum, given the current market conditions and potential for profit recovery [19][20]. - The report emphasizes the importance of identifying leading companies in sub-industries that are expected to outperform, particularly in the tire, upstream mining, and titanium dioxide sectors [20]. Summary by Sections Chemical Industry Investment Recommendations - The report indicates that the oil price has retreated from high levels, suggesting a focus on undervalued, high-dividend stocks like China Petroleum [19][21]. - It notes that the market sentiment is largely cautious, with various chemical products experiencing mixed price movements [19][21]. Price Movements - Significant price increases were observed in sulfur, hydrochloric acid, and BDO, while products like raw salt and titanium concentrate experienced declines [19][20]. - The report provides a detailed overview of price changes for various chemical products, indicating a volatile market environment [19][20]. Company and Earnings Forecasts - The report lists several companies with strong earnings forecasts, including Sanyuan Foods and China Petroleum, with projected EPS growth for the coming years [3][20]. - It highlights the potential for valuation recovery among leading companies in specific sub-industries, suggesting a favorable investment outlook [20].