Indices in the petroleum and chemical sectors were mixed

Last week (November 14~18), the oil and chemical sector index was mixed
.

In chemical industry, the chemical and pharmaceutical index rose by 4.
52%, the chemical raw material index fell by 1.
21%, the pesticide fertilizer index fell by 2.
35%, and the chemical machinery index rose by 2.
56%.

In oil, the oil trade index rose by 2.
55%, the oil extraction index fell by 1.
23%, and the oil processing index fell by 1.
16%.

In terms of energy, multiple bearish factors dominated the market trend last week, and international crude oil prices fluctuated
downward.
Specifically, the dual factors of the rise in the US dollar exchange rate and the decline in the US stock market have weighed on the commodity futures sentiment; The market is worried that the Fed will continue to raise interest rates sharply to combat inflation; OPEC cut its forecast for global oil demand growth this year in its latest monthly report; The latest data released by the US Energy Information Administration shows that on November 5~11, US crude oil exports increased, refinery operating rates rose, and refined oil inventories increased
.
As of November 18, international crude oil prices fluctuated upward, and the settlement price of crude oil in New York was 80.
08 US dollars / barrel, down 9.
98% from the previous month; Brent crude settled at $87.
62/barrel, down 8.
72%
month-on-month.

From the spot market, the top five petrochemical products were yellow phosphorus up 12.
42%, nitric acid up 8.
02%, monoammonium phosphate up 6.
04%, diethylene glycol up 5.
70%, and base oil up 4.
96%; The top five petrochemical products were liquid chlorine down 56.
35%, aniline down 21.
90%, tetrachloroethylene down 13.
82%, 1,4-butanediol down 11.
30%, and p-nitrobenzene chloride down 10.
53%.

From the perspective of the capital market, the top five listed companies in Shanghai and Shenzhen last week were CSSC Hanguang up 60.
61%, Yuanchen Technology up 34.
40%, Aofu Environmental Protection up 24.
80%, Midland New Materials up 18.
20%, and Beihua shares up 16.
00%; The top five listed chemical companies with declines were China Agricultural United down 19.
14%, German Nano down 13.
86%, Tianhe shares down 13.
04%, China Agricultural Lihua down 12.
64%, and Bethenny down 12.
30%.

Ten major institutions such as CITIC Strategy, Haitong Strategy, Industrial Securities Strategy, and Guohai Strategy believe that the current market is in the first half of the policy-driven market
.
West China Strategy believes that around the policy context, we can pay attention to growth industries such as new energy with high prosperity; Huaan Strategy believes that the dominant direction of the new energy track in terms of configuration in the medium and long term remains unchanged
.