echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Petroleum and chemical sector index "green manure, red thin"

    Petroleum and chemical sector index "green manure, red thin"

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Last week (December 12~16), only the chemical and pharmaceutical index in the petroleum and chemical sector rose
    .

    In the chemical sector, the chemical raw materials index fell by 3.
    91%, the chemical machinery index fell by 3.
    22%, the chemical pharmaceutical index rose by 1.
    99%, and the pesticide fertilizer index fell by 3.
    17%; In the oil sector, the oil trade index fell by 1.
    63%, the oil exploration index fell by 1.
    03%, and the oil processing index fell by 1.
    61%.

    In terms of energy, international crude oil prices continued to rebound
    last week.
    Although US Deputy Treasury Secretary Adeyemo visited Europe, pushing for a cap on Russian oil prices also dragged down oil prices
    .
    But in Thursday's trading, the ICE dollar index rose 0.
    6 percent, and signs of a strong recovery in Chinese demand erased earlier losses
    .
    On December 16, the main contract of light crude oil futures on the New York Mercantile Exchange settled at $76.
    11 per barrel, up 6.
    51% from the previous month; The main contract for Brent crude oil on the Intercontinental Exchange settled at $81.
    21 per barrel, up 6.
    64%
    from the previous month.

    In the spot market, the top five petrochemical products that rose last week were international natural gas futures up 15.
    06%, carbon IV raw gas up 13.
    04%, dimethylformamide up 7.
    96%, neopentyl glycol up 6.
    78%, and purified terephthalic acid up 5.
    45%; The top five petrochemical products were alkali-free glass fiber yarn down 14.
    11%, PTFE down 8.
    62%, diesel 0# down 7.
    78%, heavy asphalt down 6.
    07%, gasoline 92# down 5.
    76%.

    From the perspective of the capital market, the top five listed chemical companies in Shanghai and Shenzhen last week were Yaben Chemical up 18.
    82%, Dawn shares up 18.
    08%, Guangzhou Langqi up 11.
    91%, Yongyue Technology up 11.
    00%, and Hehua shares up 10.
    17%; The top five listed companies were *ST Youfu down 22.
    5%, Yuanchen Technology down 18.
    32%, Tiannai Technology down 17.
    73%, Daswell down 12.
    58%, and Hailide down 12.
    31%.

    There are two
    foreign market highlights this week.
    First, the US personal consumption expenditure price index inflation in December; The second is Germany's IFO business climate confidence index
    .
    Domestically, ten major institutions such as Haitong Strategy, CITIC Strategy and Guohai Strategy believe that how the Central Economic Work Conference guides A-shares is the focus
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.