Weekly publication of trade of chemical new material: Consumptive electron and car zoology confluence are ecbolic demand of special type colophony
Fundamental chemical industry: Library glad stock falls to the low inside year, oil price brushs New Year inside new tall, attention arranges periodic breed. This week EIA data shows, stock of EIA crude oil falls two weeks continuously, library glad inventory achieves level of the lowest inside year, put bottom interval into put in storage. In the meantime, pan Zhongda of price of ICE cloth oily futures arrives 95.35 USD/b, brush New Year inside high point, base difference is achieved since June new tall, highlight strain of objective crude oil. In addition, in September PMI relatively on the month picks up 0.5pct comes 50.2% , will pick up in April continuously, 5 months are lain between to return vicissitude line above again when. Supply of predicting Q4 crude oil continues to slant close, oil price or continuance are strong, price end is tasted to form in chemical industry prop up. Boom of downstream manufacturing industry spends hopeful to go up blandly, we value the outstanding achievement of Q4 whole chemical industry to behave.
Turn labour and new material subtly: Around homebred replace, industry limit improvement, technology innovates and upgrade 3 big masterstroke have iteration layout. The zoology confluence that consumes electron and car has seen embryonic form first, demand of colophony of ecbolic and high frequency high speed. Predict to 23 years hopeful of dimensions of market of copper of Fu of high frequency high speed breaks through 31 billion yuan, ecbolic wait for demand of special type colophony to PTFE, PPO, LCP. In the meantime, many manufacturer announces to obtain order, 23 years or become a quantity to produce the first year of an era or the reign of an emperor. The industry that is a delegate with lithium report downstream is ceaseless the technology innovates, also upgrade the iteration of ecbolic new material.
Investment proposal:
Fundamental chemical industry: We think breach of crude oil supply and demand or price end is tasted to form in chemical industry prop up, accompany downstream manufacturing industry to boom is spent or rise blandly, hopeful drives ability of industry whole gain to pick up. The proposal pays close attention to enterprise of head of suitable periodic industry, 10 thousand China chemical (the sources of energy of 600309) , Bao Feng (600989) , Hua Luheng rises (share of elder brother of 600426) , tung (601233) .
New material: Around homebred replace, industry limit improvement, technology innovates and upgrade 3 big masterstroke have iteration layout. Proposal attention is homebred change the way with inferior rate, of relevant mark: Elegant gram science and technology (002409) , China special gas; Consumptive electron market anabiosises and domain of burgeoning science and technology rises abruptly, hopeful is pulled change upriver material requirement, of relevant mark: Group of Si Ruixin material, Ruihuatai, emperor spring, senior in relief science and technology
See investment Duan Zi, relaxed: Chemical industry: Crude price tall look forward to, but demand of high frequency colophony also is in high speed to warm up gradually, this is the industry that a “ has money to have makings ” again.
