化工行业周报：泛能拓上调钛白粉价格，万华化学MDI挺价，重点关注低估值高成长标的

Investment Rating - The report maintains a positive outlook on the chemical industry, particularly highlighting undervalued high-growth stocks [2][3]. Core Insights - The report emphasizes the potential for marginal improvement in profitability for domestic titanium dioxide producers due to the EU's anti-dumping measures and price increases by Venator [2][3]. - It notes a recovery in the chemical sector driven by rising oil prices and a gradual recovery in PPI, suggesting investment opportunities in cyclical products with low inventory levels [2][3]. - The report identifies specific companies to watch, including Wanhua Chemical, Hualu Hengsheng, and others across various segments such as fertilizers, pesticides, and specialty chemicals [2][3]. Summary by Sections Macro Economic Analysis - Oil prices are expected to remain high in the short term due to stable supply and demand, while coal prices are projected to decline in the medium to long term [3]. - Natural gas prices are currently fluctuating at the bottom [3]. Chemical Sector Dynamics - The report highlights the recent price adjustments in titanium dioxide and the potential for improved margins for domestic producers [2][3]. - It discusses the chemical industry's PPI data, indicating a narrowing decline, with a focus on cyclical products as investment opportunities [2][3]. Investment Recommendations - The report suggests focusing on traditional cyclical stocks and specific companies such as Wanhua Chemical and various players in the fertilizer and pesticide sectors [2][3]. - It also points to growth stocks in semiconductor materials and OLED technologies, recommending companies like Yake Technology and Wanrun Co [2][3]. Price Trends and Market Conditions - The report provides detailed pricing information for various chemical products, indicating stable or slightly increasing prices in several segments, including PVC and fertilizers [9][10][11]. - It notes that the market is currently characterized by cautious optimism, with some sectors experiencing price stability while others face downward pressure [9][10][11].