In the past week (11. 8-11. 14), the index of basic chemicals has dropped by 2. 61 per cent, the index of depth 300 has dropped by 1. 08 per cent, and the plate of basic chemicals has won 3. 69 per cent of the index 300. The rise in the basic chemical industry was preceded by increases in ammonia (7. 69 per cent), fluoride (7. 55 per cent), detergent (5. 21 per cent), other chemical materials (4. 80 per cent) and pure alkaline (4. 56 per cent)。
The following is a summary of the study:
Market trends
In the past week (11. 8-11. 14), the basic chemical index fell by 2. 61 per cent, the pore depth index by 1. 08 per cent and the base chemical plate by 3. 69 percentage points, which is the ninth highest in all plates. The rise in the basic chemical industry was preceded by increases in ammonia (7. 69 per cent), fluoride (7. 55 per cent), detergent (5. 21 per cent), other chemical materials (4. 80 per cent) and pure alkaline (4. 56 per cent)。
Trends in chemical prices
The top five weekly increases were in sulphuric acid (15. 45 per cent), r134a (13. 21 per cent), liquid ammonia (10. 64 per cent), kerosene (10. 23 per cent) and sulphur (8. 96 per cent). The first five products were liquid chlorine (-50. 00 per cent), international butadiene (-7. 91 per cent), hydrochloric acid (stand east) (-76 per cent), cpp (complex film) (-4. 65 per cent) and ethylene acetylene (-3. 91 per cent)。
Significant industry developments
Focus on self-regulation in the organic silicon industry. According to public information, on 12 november, the main monomer plant held an industry meeting in shandong, after which it reported an increase to 12,500 yuan/ton, while the remainder of the monomer was reported at not less than 12,000 yuan/ton, most of which continued to suspend offers; a further industry meeting on the theme of “anti-inner scrolls” was expected to be held on 18 november to negotiate jointly a reduction in production capacity and to resume a new round of offers, at which time a 30 per cent reduction was planned, with spot prices going further. As of 14 november, the price of organic silicon dmc east china market was 12,500 yuan/tonne, an increase of 1,000 yuan/tonne from the previous week, or 8. 70 per cent。
R134a reported an increase. According to reports, r134 major mainstream plants in east and south china have recently increased to 60,000 yuan/tonne (including taxes) and 5,000-6,000 yuan/tonne over previous periods. R134a increased production quotas in 2025 by 0. 66 million tons and internal quotas by 0. 30 million tons, and quota adjusted production quotas and internal quotas by 214,000 tons and 83,000 tons, respectively, reflecting the firm's preference for downstream markets for this product, such as car air conditioning and liquid cooling in data centres, and is in the process of reconfiguring internal resources。
Investment recommendations
The current points suggest the following main lines: 1, refrigerant plates. With the end of the three-year base period, the supply and demand patterns of the three-generation refrigerant industry will be rebalanced and the price hub is expected to continue to move forward, with a recommendation to focus on gold resources, mega-stocks, tri-united states shares, and permanent shares. 2. Fibreboard blocks. It is recommended that attention be paid to the chemical, xinhu, thai and new materials. 3. It is recommended that attention be paid to such high-quality targets as manhua chemistry, waru-hing-leng, ruthie chemical, and po-bong energy. Tyre plates. It is suggested that attention be paid to wheel tyres, senium, and linggang tyres. 5. Agrochemical plates. It is recommended that attention be paid to potassium international, salt lake shares, booming groups, clouds and agrochemicals. 6. High-quality growth targets. It is recommended to focus on blue-system technologies, sanctuary group, shandong heda。
Maintaining the basic chemical industry “plus” rating。
Risk tip
Crude oil prices fluctuated, demand fell short of expectations, macroeconomic downturns (shanghai securities are in tienzawa)
