Investment Rating - The report maintains an "Outperform" rating for the chemical industry [2] Core Insights - The chemical sector has shown varied performance across sub-industries, with rubber additives and organic silicon showing positive growth, while modified plastics and nylon have seen significant declines [8][11] - The report highlights the successful trial production of a new aramid material project in Zhejiang, which is expected to boost the local new materials industry [1] Summary by Sections 1.1 Overall Performance of the Chemical Sector - The Shanghai Composite Index fell by 0.7%, while the CITIC Basic Chemical Index dropped by 2.25% [7] 1.2 Individual Stock Performance - The top ten companies with the largest declines in the chemical sector include Zhongxin Fluorine Materials (-18.79%) and Hangzhou High-tech (-15.7%) [11] 1.3 Key Announcements in the Chemical Sector - Bluefeng Biochemical announced a capital increase for its subsidiary, which will reduce its ownership stake from 51% to 49.2449% [14] 2. Important Sub-industry Market Review Polyurethane - The price of polymer MDI in Shandong is reported at 18,300 RMB/ton, with a week-on-week increase of 0.55% [16] - The TDI price in South China remains stable at 13,000 RMB/ton, with an operating load of 94.43%, up 24.85 percentage points from the previous week [19] Chemical Fiber - The average price of polyester filament POY is 6,900 RMB/ton, with a week-on-week increase of 2.22% [21] Tires - The operating load for semi-steel tires is reported at 78.69%, slightly down from the previous week but up 6.11 percentage points year-on-year [24] Pesticides - The average price of glyphosate is 23,900 RMB/ton, with a week-on-week decrease of 0.01 million RMB/ton [25] Fertilizers - The price of urea is reported at 1,799.65 RMB/ton, with a week-on-week decrease of 2.23% [49]
基础化工行业周报：巴斯夫重庆工厂MDI扩产，浙江仙鹤芳纶项目成功试产
Huafu Securities·2024-12-22 03:58