The trend of petroleum and chemical indexes diverged (May 23-27)

　　Last week (May 23-27), the Fed's policy change and inflation peaked, the three major U.
S.
stock indexes closed up across the board, and the U.
S.
dollar index recorded its biggest drop in nearly two years
.
Affected by this, last week, the Shanghai Composite Index fell by 0.
52%, the Shenzhen Component Index fell by 2.
28%, the ChiNext Index fell by 3.
92%, the Science and Technology Innovation Board Index fell by 4.
94%, the Chemical Index fell by 0.
9%, and the Oil Index fell by 0.
9%.
up 4.
93%
.

　　Last week, the United States entered the peak season for car travel, and gasoline demand is expected to increase sharply.
Although U.
S.
refineries are gradually ending spring maintenance and increasing operating rates to fill the supply gap, the current U.
S.
gasoline prices are still high and diesel prices have also hit a record high
.
Affected by this, as of May 27, the settlement price of the main futures contract of New York crude oil futures (WTI) was US$115.
07/barrel, an increase of 1.
63% from the previous month; the settlement price of the main futures contract of Brent crude oil futures (Brent) was US$119.
43/barrel , a month-on-month increase of 6.
11%
.

　　From the chemical spot market, the top five petrochemical products that rose last week were paraxylene (PX) up 10.
06%, chlorine-based compound fertilizer up 8.
41%, sulfur-based compound fertilizer up 7.
08%, acetic acid up 6.
65%, ethanol fuel rose 6.
17%
.
The top five petrochemical products fell by 14.
9% in tetrachloroethylene, 1% in high oxygen-containing silicone oil, 8.
41% in sulfur-based compound fertilizer, 6.
65% in acetic acid, and 6.
17% in ethyl fuel
.

　　From the perspective of the capital market, the top five listed companies in Shanghai and Shenzhen last week were Hongbai New Materials, up 38%, Gaomeng New Materials, up 24.
86%, Jiuding New Materials, up 22.
38%, and Shandong Haihua, up 17.
96%.
, Chenguang New Materials rose 16.
27%
.
The top five listed chemical companies that fell were Zhongke Electric, which fell by 13.
72%, Hehua Co.
, Ltd.
, which fell by 13.
19%, Yaben Chemical, which fell by 11.
65%, Feikai Technology, which fell by 11.
11%, and Sanlipu, which fell by 10.
12%
.

　　This week will focus on the US non-farm payrolls data, the EU summit and a possible 50-point rate hike from the Bank of Canada
.
In terms of investment, China has many favorable conditions such as maintaining long-term and stable economic development.
As the domestic epidemic situation gradually eases, completing the task of economic and social development while doing well in epidemic prevention and control will further help achieve the expectation of stable growth.
In the near future, we can pay attention to the bottom of the boom.
The transferred fluorine chemical, chemical fiber, tire sector and soda ash, fertilizer and other high-prosperity sectors continued
.