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    Home > Chemicals Industry > China Chemical > Oil and chemical indices continue to diverge

    Oil and chemical indices continue to diverge

    • Last Update: 2022-09-23
    • Source: Internet
    • Author: User
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    Last week (August 1-5), affected by the international and domestic economic situation, the Shanghai Composite Index fell by 0.


    In terms of energy, major central banks including the Federal Reserve and the United Kingdom have begun to sharply raise interest rates to curb inflationary pressures, and oil prices have become the main victim of fears of demand recession


    From the chemical spot market, the top five petrochemical products that rose last week were liquid chlorine up 604%, trichloroethylene up 7.


    From the perspective of the capital market, the top five listed companies in Shanghai and Shenzhen last week were Guangxin Materials, which rose 51.


    In terms of investment, Galaxy Securities recently stated in a research report that, stimulated by the downstream terminal demand for new energy vehicles in August, the production schedule may continue to grow month-on-month, the operating rate and production schedule of battery factories and material factories in the lithium battery industry chain have rebounded rapidly, and downstream demand has increased significantly.


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