智通财经获悉，中东局势持续升级，美以伊冲突的爆发为全球资本市场注入巨大的不确定性，全球物价 受到显著扰动。3月18日，全球化工（核心股）巨头巴斯夫发布提价公告，宣布对欧洲地区家用护理、 工业与机构清洁以及工业配方业务组合内全部产品进行提价，涨幅最高可达30%，部分精选产品涨幅将 超过该水平。华泰证券指出，国内多数化工品的全球成本优势仍突出，且伴随欧美高能耗装置退出、亚 非拉地区经济增长等需求增量驱动下，大宗化工品有望于2026年迎来景气上行。 巴斯夫的家用护理、工业与机构清洁（I&I）产品涵盖表面活性剂、酶、水溶性聚合物、乳化剂、稳定 剂、杀菌剂、光学增白剂、润肤剂等产品，以及利用各种工业原材料定制的配方都在这轮涨价的覆盖范 围内。 巴斯夫在公告中表示，新价格即日起生效，或按现有合同约定逐步执行。此次提价主要为应对关键原材 料价格及供应的剧烈波动，同时叠加国内及跨洲物流成本上涨、包装与能源费用攀升等多重压力。 早在3月4日，巴斯夫就以"关键原材料成本、运费大幅上升"为由，宣布在全球范围内上调其用于塑料应 用的抗氧化剂、加工稳定剂和光稳定剂产品组合的价格，涨幅最高达20%。 化工（核心股）产业链相关港股： 中国 ...

3月18日，在中东漫天飞舞的导弹和无人机，对全球物价的影响正在快速显现。 全球化工巨头巴斯夫（BASF）周三发表声明称，将对其在欧洲地区的家用护理、工业与机构清洁（I&I）以及工业配方业务组合中的全部产品提 价，涨幅幅度可达30%，甚至还有"个别产品涨幅更高"。 受成本压力转移影响，巴斯夫周三在德国市场高开，但截至发稿涨幅已经尽数回吐。 简单来说，巴斯夫的家用护理、工业与机构清洁（I&I）产品涵盖表面活性剂、酶、水溶性聚合物、乳化剂、稳定剂、杀菌剂、光学增白剂、润 肤剂等产品，以及利用各种工业原材料定制的配方都在这轮涨价的覆盖范围内。 对于涨价的理由，巴斯夫解释称，主要由于关键原材料价格及供应出现显著波动，同时叠加国内及跨洲物流成本上升，以及包装与能源成本大幅 攀升等因素所致。 引发供应链剧烈波动的原因也不难猜，正是2月最后一天打响的美以伊战争。 早在3月4日，巴斯夫就以"关键原材料成本、运费大幅上升"为由，宣布在全球范围内上调其用于塑料应用的抗氧化剂、加工稳定剂和光稳定剂产 品组合的价格，涨幅最高达20%。 巴斯夫的第二封涨价文件，恰逢德国化工行业组织公开警告出现"供应链中断的早期迹象"。 德国化工工业协会 ...

Investment Rating - The report maintains an "Overweight" rating for the basic chemical industry, indicating an expectation that the industry index will outperform the market index by more than 10% over the next six months [31]. Core Insights - The basic chemical index rose by 3.6% in the last two weeks, outperforming the CSI 300 index by 3.9 percentage points, ranking 7th among 31 industries [7][14]. - Year-to-date, the basic chemical index has increased by 15.2%, surpassing the CSI 300 index by 14.9 percentage points, ranking 6th among 31 industries [7][14]. - Among the sub-sectors, non-metal materials increased by 12.0%, chemical raw materials by 9.0%, agricultural chemicals by 8.3%, and chemical products by 1.0% [16]. - Notable stock performances include Lingwei Technology, Jinrui Mining, and Jinniu Chemical, with increases of 62.5%, 55.8%, and 39.0% respectively [18]. Summary by Sections Market Review - As of March 5, the basic chemical index has shown a positive trend, with various sub-sectors performing differently, indicating a mixed market sentiment [14][16]. - The report highlights that 199 out of 408 listed companies in the basic chemical index saw their stock prices rise in the last two weeks [18]. Important Company Announcements - BASF announced a global price increase of up to 20% for its additives used in plastic applications due to rising raw material costs and inflation [27]. - Other companies like Taihe Co. and Haineng Technology reported maintaining profitability despite market challenges, showcasing resilience in their operations [24]. Key Industry News - OPEC announced an increase in oil production by 206,000 barrels per day starting in April [23]. - The manufacturing PMI for February was reported at 49.0%, indicating a slight decline in manufacturing activity [28]. - A strategic cooperation agreement was signed between Zhangjiagang Free Trade Zone and Donghua Energy to boost the chemical new materials industry [28]. Industry Outlook - The report suggests that the price adjustments by BASF may encourage other chemical companies to follow suit, potentially leading to a broader price increase across the industry [27]. - The refrigerant market is expected to see price increases due to supply constraints and regulatory changes starting in 2024, benefiting companies like Sanmei Co. and Juhua Co. [27][29].