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    Home > Chemicals Industry > China Chemical > Oil and chemical indexes rise together

    Oil and chemical indexes rise together

    • Last Update: 2022-10-30
    • Source: Internet
    • Author: User
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      Last week (July 18-22), the US service and manufacturing purchasing managers' index (PMI) and the European manufacturing PMI both fell below the line of prosperity and decline
    .
    China's industrial added value in June increased by 3.
    9% year-on-year and 0.
    84% ​​month-on-month

    .
    In the first half of the year, the national fixed asset investment increased by 6.
    1% year-on-year, and the absolute value of GDP in the second quarter increased by 0.
    4% year-on-year

    .
    Affected by this, last week, the Shanghai Composite Index rose by 1.
    30%, the Shenzhen Component Index fell by 0.
    14%, the ChiNext Index fell by 0.
    84%, the Science and Technology Innovation Board Index rose by 1.
    19%, the Chemical Index rose by 0.
    68%, and the Oil Index rose by 0.
    68%.
    rose 2.
    86%

    .

      In terms of energy, the recent international oil prices still fluctuate around the monetary policies of various countries, EU sanctions and the impact of inflation on crude oil demand expectations
    .
    On the whole, Libya's restoration of oil supply, the European Union's relaxation of the policy of third countries to import oil from Russia, and the European Central Bank's unexpected increase in interest rates will help to cool down oil prices

    .
    As of the close on July 23, the price of New York crude oil futures (WTI) for September delivery fell 1.
    71% to close at $94.
    70 per barrel; the price of Brent crude oil futures (Brent) for September delivery fell 0.
    64% to close at $103.
    2/barrel

    .

      From the chemical spot market, the top five petrochemical products that rose last week were chlorpyrifos up 8.
    16%, phenol up 7.
    21%, n-butanol up 6.
    24%, pure pyridine up 6.
    06%, and octanol up 5.
    86%; the top five decliners were The petrochemical products were liquid chlorine down 238.
    89%, sulfur down 33.
    57%, sulfuric acid down 21.
    07%, coke down 14.
    73%, calcium hydrogen phosphate down 12.
    96%

    .

      From the perspective of the capital market, the top five listed companies in the Shanghai and Shenzhen stock markets last week were Meida, which rose 36.
    36%, Double One Technology, which rose 32.
    72%, Poly United, which rose 32.
    38%, Zhenhua, which rose 26.
    36%, and Xinkaiyuan.
    Up 24.
    72%; the top five listed companies with a decline were Suzhou Longjie, down 40.
    35%, Huaye Fragrance, down 16.
    52%, Xingyuan Material, down 10.
    86%, Xuelong Group, down 9.
    13%, and Sankeshu, down 8.
    77%

    .

      This week, the focus will be on the rate hike at the Fed's meeting and the U.
    S.
    second-quarter GDP

    .
    In terms of investment, the 2022 interim report performance forecast has entered a period of intensive disclosure

    .
    For the upcoming half-year report season, Liu Fangxu, deputy director of equity investment of Industrial Fund, said that it is necessary to focus on tracking sub-sectors whose performance exceeds market expectations, such as upstream resource products such as coal and oil, and midstream photovoltaics, energy storage, wind power and new energy vehicles.
    etc.

    _

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