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    Home > Chemicals Industry > China Chemical > Petroleum and chemical sector indices rose across the board

    Petroleum and chemical sector indices rose across the board

    • Last Update: 2022-10-19
    • Source: Internet
    • Author: User
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    Last week (October 10~14), the petroleum and chemical sector indices rose
    comprehensively.
    In terms of chemical industry, the chemical pharmaceutical index increased by 7.
    72%, the chemical raw materials index increased by 3.
    59%, the pesticide and fertilizer index increased by 2.
    57%, and the chemical machinery index increased by 5.
    96%; In terms of oil, the oil extraction index rose by 1.
    63% and the oil processing index by 0.
    60%.

    On the energy front, crude oil futures prices retreated
    .
    As of October 14, the settlement price of the main contract of New York crude oil futures was $85.
    61 / barrel, down 7.
    59% from the previous month; The main Brent crude oil futures contract settled at $91.
    63 / barrel, down 6.
    42%
    from the previous month.

    From the perspective of the chemical spot market, the top five petrochemical products were toluene diisocyanate up 26.
    19%, sulfuric acid up 24.
    52%, pyrite up 15.
    02%, spandex 40D up 7.
    69%, dimethyl ether up 7.
    15%; The top five petrochemical products were bisphenol A down 12.
    30%, styrene down 8.
    08%, butadiene down 7.
    78%, ethylene glycol down 7.
    32%, and N,N-dimethylformamide down 6.
    04%.

    From the perspective of the capital market, the top five listed chemical companies in Shanghai and Shenzhen last week were Zhongshi Technology up 33.
    98%, Juhua shares up 31.
    89%, Jinshi Resources up 26.
    91%, Qingsong shares up 26.
    25%, and Tianhe shares up 25.
    20%; The top five listed companies were Dinglong shares down 20.
    34%, Huate Gas down 17.
    54%, Yake Technology down 13.
    74%, *ST Yufu down 13.
    56%, and Ronbay Technology down 13.
    55%.

    Huian Fund believes that in the medium and long term, the incremental market of new energy and intelligent vehicles is huge, the synergy effect with the new energy industry chain is significant, and the demand is replenished quickly
    .
    Under the guidance of the "dual carbon" goal, the energy industry will generate demand for the conversion of new energy and traditional energy, so the coal sector will reflect the role of
    traditional energy "ballast".
    Qinghequan Capital said it will be optimistic about structural opportunities
    in new energy, traditional energy, chemical materials and other industries.

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