生物柴油行业周报：国内餐厨废油市场运行趋弱，生柴企业价差周度环比上升

Investment Rating - The report maintains a "Buy" rating for the industry, indicating a positive outlook for investment opportunities in the biodiesel sector [1]. Core Insights - The domestic kitchen waste oil market is showing a weakening trend, with biodiesel enterprises experiencing an increase in price differentials week-on-week [1]. - The report highlights a potential demand growth for biodiesel companies due to the cancellation of export VAT refunds on raw materials, suggesting a dual push from increased demand and supply [1]. - Key companies with significant biodiesel production capacity, such as Zhuoyue New Energy, Jiaao Environmental Protection, Haineng Technology, and Langkun Environment, are recommended for investment [1]. Summary by Sections Weekly Data - The average price of kitchen waste oil is reported at 5,690 yuan per ton, showing a week-on-week change of +110 yuan [1]. - The average price of gutter oil is 1,082 yuan per ton, remaining stable compared to the previous week [1]. Export Data - China's biodiesel export volume for November reached 27.55 million tons, marking a year-on-year increase of 16.83% [1]. - Singapore remains a key trading partner for biodiesel exports, with the monthly sales volume of marine biodiesel in Singapore continuing to show an upward trend compared to last year [1]. Company Forecasts and Valuations - Zhuoyue New Energy is forecasted to have an EPS of 0.96 yuan for 2024 and a PE ratio of 35 [1]. - Jiaao Environmental Protection is projected to have an EPS of -1.91 yuan for 2024, with a PE ratio of 10 [1].