直纺短纤负荷(周) 88. 90% 91. 30% 0. 02 涤纶短纤产销 45. 00% 55.00% 10. 00% 涤纱开机率(周) 67.00% 67. 00% 0. 00 再生棉型负荷指数(周) 50. 40% 50. 40% 0. 00 涤纶短纤与纯涤纱价格 涤纶短纤现金流 14000 10000 10000 1800 (探偵) 太原始欲德 t T325年演出 (群贝) 解日示52E= 舞想坝金流 ·1.4D直纺条短 9000 9000 13000 1400 8000 8000 12000 1000 7000 7000 6000 11000 600 6000 5000 10000 200 5000 4000 -200 9000 + 3000 2021-01-01 2022-01-01 2023-01-01 2024-01-01 2025-01-01 2021-01-01 2022-01-01 2023-01-01 2024-01-01 2025-01-01 涤棉纱65/35 45S价格与利润 中空短纤价格与现金流 2500 10000 22500 4000 涂棉纱利润 泽棉纱65/35 45S ...

芳烙橡胶早报 價H 研究中心能化团队 2025/05/21 P 不 A 点 点 点 用 POY 1 PX CFR PTA内盘现 仓单+有 PTA平衡 石脑油 石脑油裂 PTA加 PTA负 TA基美 50D/4 聚酯毛利 日期 原油 PX加工美 产销 台湾 解价差 工差 效预报 日本 न्ह 负荷 荷 8F 图什 2025/0 870 5095 7000 105.56 85394 240 0.40 66.1 590 280.0 324 -59 86.9 76.9 5/14 2025/0 80258 64.5 572 853 5030 7050 99.00 281.0 353 65 86.9 76.9 215 0.30 5/15 (图H 2025/0 65.4 4990 7050 103 87.9 200 0.25 565 839 85.92 274.0 386 76.9 70046 5/16 2025/0 841 4995 7025 88.97 272.0 380 68831 200 0.35 65.5 ୧୧୫ 75 87.9 76.9 5/19 2025/0 r ( 65.4 570 827 4860 702 ...

Core Viewpoint - The recent share reduction by major shareholder Shanghai Fangda has caused significant market turbulence for Jilin Chemical Fiber, leading to a sharp decline in stock price after a period of strong performance [1][6]. Shareholder Actions - On May 16, Shanghai Fangda reduced its stake in Jilin Chemical Fiber by 1%, selling 24.59 million shares, which decreased its holding from 7.95% to 6.95% [3][6]. - The reduction occurred during a sensitive period when the company's stock had experienced a "4 days 3 boards" surge, raising concerns about short-term liquidity and investor sentiment [6]. Financial Performance - Jilin Chemical Fiber reported a revenue of 3.883 billion yuan in 2024, a 3.93% increase from 2023, but the net profit decreased by 13.90% to 277.13 million yuan [7][10]. - The company faced challenges in its product segments, with a 100% decline in revenue from viscose short fibers and a 12.59% drop in carbon fiber product revenue [7][10]. Market Dynamics - The company has been impacted by a downturn in the viscose short fiber industry, which has affected the entire textile supply chain [8]. - Despite a recovery in the viscose fiber market and a rise in sales prices, the overall profitability has not improved significantly [7][11]. Future Outlook - The ability of Jilin Chemical Fiber to achieve stable net profit growth will depend on market conditions and the effectiveness of its strategic initiatives [11].

Market Overview - A-shares experienced weak fluctuations in the morning but showed slight improvement in the afternoon, closing with minor gains. The Shanghai Composite Index rose by 0.12 points to 3367.58 points, while the total trading volume in the A-share market was 1.1189 trillion yuan, slightly down from 1.1241 trillion yuan on the previous Friday [1] Sector Performance - The shipping, chemical fiber, paper, real estate, and environmental protection sectors showed relatively strong performance, while the liquor, mineral products, engineering machinery, insurance, and banking sectors performed weaker [1] Regulatory Impact - Liquor stocks opened lower following the release of revised regulations that prohibit high-end dishes, cigarettes, and alcohol at official work meals, which may impact the liquor industry negatively [1] Economic Indicators - China's industrial added value for April grew by 6.1% year-on-year, exceeding the expected growth of 5.5%. Retail sales of consumer goods increased by 5.1%, and urban fixed asset investment rose by 4.0% in the first four months of the year [2] Market Sentiment - Despite the positive economic indicators, the market sentiment remains cautious due to the ongoing U.S.-China trade tensions, which have reduced expectations for immediate stimulus policies. This has contributed to the recent weaker performance of A-shares [2] Interest Rate Outlook - The People's Bank of China is expected to maintain the Loan Prime Rate (LPR) unchanged in May, with potential adjustments anticipated in the following months as the trade tensions ease and economic data stabilizes [2] Investment Strategy - A-shares are likely to continue in a fluctuating pattern in the short term, with investors adopting a conservative and watchful approach until further clarity on U.S.-China negotiations is achieved [2]

| | | | | | | | | 实际年 | 实际收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 金额 | 品 | | | | | | | | 签约银行 | 产品名称 | | | | | 产品起息日 | 产品到期日 | | 实际赎回 | | 日 | 化收益 | 益（万 | | | | | | | | | | | （万元） | | 类 | | | | | | | | | | | | | | | 率（%） | 元） | | | | | 型 | | | | | | | | | | | 保 | | | | | | | | 苏州银行 | 2025 | 年第 | | 本 | | | | | | | 股份有限 | 130 期 | 定 | | 浮 | | | | | | | 公司黄埭 | 制结构性 | | | | 动 | | | | | | 支行 | 存款 | | | 收 | | | | | | | | | | 益 | | | | | | | 二、截止本公告披露日公司使用闲置募集资金进行现金管理的情况 截止本公告披露日，公司使用 ...

Market Overview - On May 19, the A-share major indices experienced slight fluctuations, with a total trading volume of 1.12 trillion yuan, a decrease of 5.2 billion yuan compared to the previous trading day, and over 3,500 stocks rose [1] - High-position stocks continued to attract capital, with the port and shipping sector experiencing a surge, while the robotics sector faced adjustments, and CRO-related stocks saw significant declines [1] High-Position Stocks - A total of 84 stocks hit the daily limit, with 23 stocks achieving consecutive limit-ups, and a limit-up rate of 79% (excluding ST and delisted stocks) [3] - Notable stocks included: - Chengfei Integration (9 consecutive limit-ups) - Lijun Shares (8 limit-ups in 9 days) - Yingfeng Shares (6 limit-ups in 7 days) - Nanjing Port, Lianyungang, and Ningbo Maritime (5 consecutive limit-ups) [3][4] Trading Data - Key trading data for selected stocks: - Chengfei Integration: Price 39.48 yuan, +10.00%, trading volume 25.19 million [4] - Lijun Shares: Price 15.59 yuan, +10.02%, trading volume 23.93 million [4] - Yingfeng Shares: Price 9.77 yuan, +10.02%, trading volume 5.50 million [4] - Nanjing Port: Price 11.25 yuan, +9.97%, trading volume 8.89 million [4] - Lianyungang: Price 8.20 yuan, +10.07%, trading volume 15.76 million [4] Institutional Trading - Top net purchases on the daily leaderboard included: - Jilin Chemical Fiber: 136 million yuan - Youfu Shares: 87.9 million yuan - Variety Shares: 72.02 million yuan [5] - Top net sales included: - Hongbaoli: -492 million yuan - Zhongxin Fluorine Materials: -131 million yuan - Lijun Shares: -101 million yuan [6] Company Highlights - Jilin Chemical Fiber announced a price increase for its wet 3k carbon fiber products, effective May 13, with a price hike of 10,000 yuan per ton due to high demand [8][9] - Youfu Shares confirmed no need for corrections or additional disclosures regarding its previous announcements, focusing on the production and sales of polyester industrial yarns and related materials [11] - Variety Shares is planning a major asset restructuring to gain control of Jiangsu Jilai Microelectronics, following regulatory encouragement for private equity participation in mergers and acquisitions [14] Stock Performance - Jilin Chemical Fiber: +10.04%, trading volume 25.61 billion yuan, with institutional net selling of 46.6 million yuan [21] - Youfu Shares: +10.04%, trading volume 15.33 billion yuan, with institutional net buying of 52.09 million yuan [20] - Lijun Shares: +10.02%, trading volume 23.92 billion yuan, with institutional net selling of 101 million yuan [18]

苏州龙杰(603332)今日上涨2.31%，全天换手率23.05%，成交额7.22亿元，振幅13.28%。龙虎榜数据显 示，营业部席位合计净买入80.33万元。 具体来看，今日上榜营业部中，第一大买入营业部为广发证券股份有限公司郑州农业路证券营业部，买 入金额为1158.51万元，第一大卖出营业部为浙商证券股份有限公司深圳后海大道证券营业部，卖出金 额为1189.30万元。 近半年该股累计上榜龙虎榜5次，上榜次日股价平均涨5.77%，上榜后5日平均涨10.42%。 资金流向方面，今日该股主力资金净流入374.10万元，其中，特大单净流入827.85万元，大单资金净流 出453.75万元。近5日主力资金净流出9945.57万元。 上交所公开信息显示，当日该股因日换手率达23.05%上榜，营业部席位合计净买入80.33万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.03亿元，其中，买入成交额为5183.59 万元，卖出成交额为5103.26万元，合计净买入80.33万元。 苏州龙杰5月19日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | -- ...

具体来看，今日上榜的营业部中，共有2家机构专用席位现身，即卖四、卖五，合计买入金额624.12万 元，卖出金额5284.97万元，合计净卖出4660.85万元，深股通为第一大买入营业部及第三大卖出营业 部，买入金额为7897.38万元，卖出金额为2864.77万元，合计净买入5032.61万元。 吉林化纤今日涨停，全天换手率21.98%，成交额25.61亿元，振幅16.67%。龙虎榜数据显示，机构净卖 出4660.85万元，深股通净买入5032.61万元，营业部席位合计净买入1.32亿元。 深交所公开信息显示，当日该股因日振幅值达16.67%、日涨幅偏离值达9.67%上榜，机构专用席位净卖 出4660.85万元，深股通净买入5032.61万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交4.21亿元，其中，买入成交额为2.78亿 元，卖出成交额为1.43亿元，合计净买入1.36亿元。 （文章来源：证券时报网） 资金流向方面，今日该股主力资金净流入3.37亿元，其中，特大单净流入3.35亿元，大单资金净流入 192.39万元。近5日主力资金净流入1.10亿元。 融资融券数据显示，该股最新（5月16 ...

| 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 机构专用 | 4872.43 | 2994.38 | | 买二 | 开源证券股份有限公司西安太华路证券营业部 | 4161.61 | 0.00 | | 买三 | 机构专用 | 2501.37 | 361.33 | | 买四 | 国泰海通证券股份有限公司南京太平南路证券营业部 | 2377.19 | 11.26 | | 买五 | 机构专用 | 1842.36 | 651.11 | | 卖一 | 机构专用 | 4872.43 | 2994.38 | | 卖二 | 国信证券股份有限公司浙江互联网分公司 | 1458.07 | 2628.16 | | 卖三 | 东方财富证券股份有限公司拉萨金融城南环路证券营业 部 | 1419.06 | 2129.90 | | 卖四 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 1153.13 | 1847.38 | | 卖五 | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 1279.15 | ...

Investment Rating - The investment rating for the basic chemical industry is "Positive" (maintained) [1] Core Viewpoints - The report highlights the stability of the phosphate rock market and the significant price difference between domestic and international phosphate fertilizers, indicating a positive outlook for integrated phosphate chemical companies in terms of profitability and dividend increases [3] - The report emphasizes the supply-side disturbances in glyphosate, with current product prices and profit margins under pressure due to historical lows. It suggests that overseas supply disruptions combined with domestic industry adjustments could improve competitive dynamics and enhance the bargaining power of leading companies [5][24] Summary by Sections Industry Trends - The chemical industry index outperformed the CSI 300 index by 0.7% this week, with 63.9% of chemical stocks showing weekly gains [10][18] - The CCPI (China Chemical Product Price Index) increased by 3.78% to 4175 points as of May 15 [21] Key Product Tracking - The report notes a decrease in inventory days for polyester filament, with prices for POY, FDY, and DTY rising significantly [34][35] - Domestic urea prices have also increased, driven by export policy expectations [34] Recommended and Beneficiary Stocks - Recommended stocks include leading companies such as Xingfa Group, Yangnong Chemical, and Hebang Biotechnology in the glyphosate sector [5][24] - Beneficiary stocks include Jiangshan Co., New安股份, and Guangxin Co. [5][24] Glyphosate Supply and Pricing - Global glyphosate production capacity is 1.18 million tons per year, with China accounting for 68.6% of this capacity. Major domestic producers include Xingfa Group, Fuhua Chemical, and Xin'an Co. [26][30] - Glyphosate prices have been declining, with current prices and price differentials at historically low levels [30][32]