本周环氧丙烷价格创年内新高，己内酰胺、氯化钾价格延续上涨

Investment Rating - The investment rating for the basic chemical industry is "Positive" (maintained) [1] Core Views - The report highlights a strong upward trend in the prices of key chemical products, particularly epoxy propane and caprolactam, driven by tight supply conditions and rising costs [5][22][25] - The chemical industry index has underperformed the CSI 300 index by 3.7% this week, indicating a challenging market environment [17] - The report identifies several recommended stocks within the chemical sector, including leading companies in various sub-sectors [7][23][27][47] Summary by Sections Industry Trends - Epoxy propane prices reached a new high for the year, with an average market price of 8411 RMB/ton, up 4.99% from the previous week [5][22] - Caprolactam prices increased by 300 RMB/ton to approximately 8625 RMB/ton, reflecting a 3.60% rise due to upstream benzene price increases and production cuts [5][25] Key Product Tracking - The polyester filament market has shown a continued upward trend, with prices for POY, FDY, and DTY increasing slightly [30] - Chloride potassium prices have also risen, with an average market price of 3259 RMB/ton, up 0.52% from the previous week, driven by tight supply and strong demand expectations [5][42][47] Recommended and Beneficiary Stocks - Recommended stocks include Wanhua Chemical, Hualu Hengsheng, and Hengli Petrochemical among others in the chemical sector [7][23][27] - Beneficiary stocks identified include Yunnan Tin Company, Xinjiang Tianye, and others across various chemical sub-sectors [7][47]