Both petroleum and chemical indexes fell (July 4-8)

　　Last week (July 4-8), international funds flocked to the U.
S.
dollar zone, and the U.
S.
dollar exchange rate index was close to 107; global commodity prices fluctuated sharply; the euro hit a new low since 2002
.
On the domestic front, the Economic Symposium on the Economic Situation of the Main Persons of the Governments of the Southeast Coastal Provinces emphasized the implementation of macro policies and the promotion of reform and opening up to play a leading role in stabilizing the economy
.
Affected by this, last week, the Shanghai Composite Index fell by 0.
98%, the Shenzhen Component Index was almost flat, the ChiNext Index rose by 1.
28%, the Science and Technology Innovation Board Index rose by 1.
38%, the Chemical Index fell by 1.
77%, and the Oil Index A cumulative decline of 1.
49%
.

　　In terms of energy, on the one hand, market investors are worried that the global economy may experience a sharp slowdown, which may hit global oil demand, and the oil market may experience weakness or even recession
.
On the other hand, the decline in international oil prices has narrowed this week as the market remains skeptical about the ability of OPEC and its production-cutting allies to raise output to their announced share as the world's major oil-producing countries still have supply problems
.
On July 8, the settlement price of the main futures contract of New York crude oil futures (WTI) was 104.
79 US dollars / barrel, a decrease of 3.
36% compared with July 1; the settlement price of the main futures contract of Brent crude oil futures (Brent) was 107.
02 US dollars / barrel, It was down 4.
13% from July 1
.

　　From the chemical spot market, the top five petrochemical products that rose last week were raw rubber up 10.
26%, silicone DMC up 7.
89%, 107 rubber up 7.
69%, precipitation mixed rubber up 5.
56%, dimethyl carbonate up 4.
74% %
.
The top five petrochemical products that fell were liquid chlorine fell by 25.
00%, epichlorohydrin fell by 20.
27%, sulfur fell by 10.
32%, glycine fell by 10.
20%, and dimethylformamide fell by 10.
09%
.

　　From the perspective of the capital market, the top five listed companies in Shanghai and Shenzhen last week were CNNC Titanium Dioxide up 23.
71%, Puyang Huicheng up 18.
85%, Heimao shares up 16.
39%, Dangsheng Technology up 15.
60%, Dao En shares rose 15.
37%
.
The top five listed chemical companies with the largest decline were Jitai Shares, which fell by 14.
92%, Shanghai Jahwa, which fell by 14.
46%, Kaimet Gas, which fell by 13.
17%, Qicai Chemical, which fell by 9.
91%, and Cangzhou Dahua, which fell by 9.
68%
.

　　This week's focus will be on the U.
S.
consumer price index (CPI) for June and China's second-quarter gross domestic product (GDP) data
.
In terms of investment, CITIC's strategy believes that the current market has entered a critical window, and the division of the mid-term report will lead the allocation
.
Western Strategy believes that in the medium term, inflation is still the most important investment thread for the whole year, and it will continue to pay attention to the seed industry, fertilizers and pesticides that benefit from rising inflation
.
The West China strategy suggests focusing on high-prosperity sectors that benefit from key support from national policies, such as photovoltaic and energy storage sectors in the new energy industry, new energy vehicles and their upstream and downstream industrial chains
.