Chemical Industry Again Encountered Bottlenecks, Synthetic Leather Slurry Operating Rate Decreased

International crude oil prices hit a new high of 127 US dollars / barrel, driving up energy prices such as liquefied petroleum gas and two methyl ether, which also led to a sharp rise in methanol prices.

Domestic propylene supply is insufficient, propylene prices rise and underemployment, driving up the price of acrylic acid and acrylic ester, acrylic acid gross profit obviously rise.

China has imposed 135% special export duties on phosphate fertilizer and nitrogen fertilizer, and the price of international nitrogen fertilizer has risen sharply. The price of international phosphate fertilizer has increased little, and the price of international potash fertilizer will still rise.

Domestic demand for phosphate and compound fertilizers may decline, nitrogen and phosphate fertilizers will be pushed by costs, while potash fertilizer will drive prices up from imported products.

Polyurethane in the field of shoe sole and synthetic leather slurry operating rate decreased, MDI prices, BDO and adipic acid prices showed a sharp downward trend, short-term price rebound is less likely, DMF prices by methanol and coal prices rose sharply, prices rose significantly.

TDI downstream foam started to decline, due to the impact of the Olympic embargo, fluctuated significantly, maintained a high overall.

Organosilicon intermediates have stronger demand for price, are driven by cost, prices remain stable, silicon prices are rising, and silicon companies are benefiting from it. Bisphenol A continues to slump, the price of epichlorohydrin decreases, the gross profit of epoxy resin continues to rise, and the price of phenol and acetone margins have stabilized.

The trend of engineering plastics is stable.

It is recommended that we continue to pay attention to the defensive varieties such as potash fertilizer, high quality coal chemical industry and phosphorus chemical industry, such as the industry trend, such as: 600251/79.04, 000792/98.35, recommended by Saline Lake, Saline Lake group (000578/32.2 yuan, no rating), benefiting from the pmission of international potash fertilizer prices, and the profitability is great.

Dan technology (600844/30.29 yuan, 900921/1.592 US dollars), coal to ethylene glycol technology continues to grow.

Xingfa group (600141/31.05 yuan, prudently recommended), phosphorus chemical prices will remain high, phosphate ore reserves and integration to reduce operational risk.

Shenyang chemical industry (000698/16.09 yuan), the gross profit recovery of acrylic acid can make up for oil refining losses, CPP project brings growth, and investors can participate in private placement.