The trend of petroleum and chemical indexes diverged (May 30-June 3)

　　Last week (May 30-June 3), the Shanghai Composite Index rose 2.
08%, the Shenzhen Component Index rose 3.
88%, the ChiNext Index rose 5.
85%, and the Science and Technology Innovation Board Index rose 8.
67%.
%
.
Among them, the chemical index rose by 2.
56%, while the oil index fell by 0.
83%
.

　　In terms of crude oil, the European Union banned the import of Russian crude oil by sea, which led to a sharp rise in oil prices
.
The 29th OPEC and non-OPEC ministerial meeting held on June 2 decided that crude oil production in July and August would be increased by 648,000 barrels per day, higher than the previous increase plan
.
Crude oil prices rose again after falling for a day on strong demand and low inventories
.
As of last Friday, the settlement price of the main contract of New York crude oil futures (WTI) was 118.
87 US dollars / barrel; the settlement price of the main contract of Brent crude oil futures (Brent) was 119.
72 US dollars / barrel
.

　　From the chemical spot market, the top three petrochemical products with price increases last week were tetrachloroethylene, up 12.
38%, methyl tert-butyl ether up 8.
63%, and butadiene up 8.
49%; For chloroform fell 10.
29%, vitamin C fell 10%, vitamin A fell 9.
57%
.

　　From the perspective of the capital market, last week, the top three listed companies in Shanghai and Shenzhen with a stock price increase were Jacques Technology, which rose 23.
52%, *ST Langqi, which rose 23.
32%, and Jinghua New Materials, which rose 22.
59%; Chemical companies are * ST Minke down 8.
86%, Guanghui Energy down 8.
5%, ST Red Sun down 8.
18%
.

　　This week, we need to focus on the European Central Bank meeting, the US May CPI data and China's credit data
.
In terms of investment, as the domestic epidemic improves, its impact on the economy will gradually weaken marginally
.
In addition, with the successive introduction of policies to stabilize economic growth from the central government and various localities, the domestic economy is expected to further accelerate its recovery.
It is recommended to continue to pay attention to the fluorine chemical, chemical fiber, tire sectors and soda ash, fertilizer, acetic acid and other sectors that have continued to thrive
.