CMS·2025-10-28 04:24Investment Rating - The report suggests focusing on the lithium hexafluorophosphate sector due to rising prices [5]. Core Viewpoints - The chemical sector saw an overall increase of 2.14% in the fourth week of October, lagging behind the Shanghai A-share index, which rose by 2.88% [2][11]. - The report highlights significant price increases in various chemical products, particularly liquid chlorine (+195.56%) and vitamin VE (+17.95%) [4][19]. - The report indicates a dynamic PE of 24.56 for the chemical sector, which is higher than the average PE of 8.86 since 2015 [2][11]. Industry Performance - In the fourth week of October, 21 sub-industries in the chemical sector increased, while 11 decreased. The top five gaining sub-industries included oil trading (+3.5%) and potassium fertilizer (+2.98%) [3][14]. - The report lists the top five stocks with the highest gains: Shilong Industrial (+49.32%), *ST Jintai (+23.14%), and others [2][11]. Price and Spread Trends - The report provides a detailed analysis of price changes for 256 products, with the highest increases seen in liquid chlorine and vitamin VE [4][19]. - The report also highlights significant changes in price spreads, with PX (naphtha-based) spread increasing by 52.08% [38][39]. Inventory Changes - Notable inventory changes include a decrease in polyester filament inventory by 26.81% and an increase in epoxy propane inventory by 8.53% [5][57].