化工周报：生物质能源（SAF）再迎政策利好，氯化钾价格上涨

Investment Rating - The report maintains a positive outlook on the basic chemical industry [1]. Core Insights - Biomass energy (SAF) is receiving favorable policy support, with the Ministry of Finance and the State Taxation Administration announcing the cancellation of export tax rebates for certain biofuels, which is expected to benefit domestic SAF and biodiesel producers [1][10]. - The price of potassium chloride has increased due to tight domestic supply and difficulties in winter shipments, with the price reaching 2578 yuan/ton, a 3.04% increase from the previous week [1][38]. Summary by Sections 1. Key Chemical Product Price Tracking - Among the 58 monitored products, methanol (3.03%), potassium chloride (2.84%), and R134a (2.63%) saw the highest price increases, while octanol (-3.24%) and hydrofluoric acid (-2.79%) experienced the largest declines [16][21]. 2. Biomass Energy (SAF) - SAF can reduce carbon emissions by over 50% compared to traditional jet fuel, making it a key choice for environmental reduction in aviation. The recent policy changes are expected to enhance raw material availability for domestic SAF producers [1][10]. 3. Potassium Chloride - The domestic potassium market is experiencing tight supply due to normal inventory levels and winter shipping challenges. The price of potassium chloride has risen to 2578 yuan/ton, reflecting a 3.04% increase from the previous week [1][38]. 4. Agricultural Chemicals - Glyphosate prices have decreased, with a current price of 24001 yuan/ton, down 100 yuan from last week. The production cost has increased due to rising prices of raw materials like glycine and phosphorus [24]. 5. Urea - Urea prices have slightly increased to 1835 yuan/ton, with a 0.05% rise from the previous week, driven by improved demand and market sentiment [38].