化工日报-20250708

Report Industry Investment Ratings - Polypropylene: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Pure Benzene: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - PX: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Ethylene Glycol: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Short Fiber: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Bottle Chip: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Methanol: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Urea: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - PVC: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Caustic Soda: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Glass: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] - Soda Ash: ☆☆☆ (bullish, with a relatively clear upward trend and a suitable investment opportunity) [1] Core Views - The chemical market shows a complex situation with different trends for various products. Some products are affected by supply - demand changes, seasonal factors, and cost factors, resulting in different price trends and investment outlooks [2][3][4] Summary by Product Methanol - The methanol market is expected to continue to oscillate within a range due to supply reduction expectations and low downstream acceptance of high - priced raw materials in the off - season. Attention should be paid to macro - aspects and Iranian shipping [2] Urea - The short - term urea market will be mainly in a strong and oscillating trend due to improved supply - demand and positive news. In the later stage, it awaits new policy guidance [3] Polyolefins - Polyolefin futures lack direction in the short term. The polyethylene market is dull, and the polypropylene market is in a strong off - season atmosphere [4] Pure Benzene - On the first listing day, the pure benzene price rose slightly. It is under short - term inventory pressure, with expected seasonal improvement in the second half of the third quarter and pressure again in the fourth quarter. Different trading strategies are recommended [5] Styrene - The styrene futures price declined. The cost - end support weakened, and there is obvious supply pressure and high inventory, with poor spot trading [6] Polyester - PX and PTA prices oscillate narrowly. PX supply - demand improves, while PTA supply - demand becomes looser. Ethylene glycol oscillates at the bottom. Short - fiber may face inventory accumulation, and caution is needed for the repair space of bottle - chip processing margins [7] Chlor - alkali - PVC futures may oscillate at a low level due to supply increase and weak demand. Caustic soda shows a strong trend in the short term but faces supply pressure in the long term [8] Glass and Soda Ash - Glass prices rose, but the high - inventory and weak - demand pattern persists, with limited upward space. Soda ash has inventory pressure, and its price is expected to have limited significant increase [9]