The oil and chemicals sector index rose across the board

Last week (October 31 ~ November 4), only the oil exploitation index in the petroleum and chemical sector index was negative, the rest of the indexes rose comprehensively, and the chemical machinery index closed positive
for four consecutive weeks.
In terms of chemical industry, the chemical pharmaceutical index rose by 6.
58%, the chemical raw materials index by 7.
57%, the pesticide fertilizer index by 9.
37%, and the chemical machinery index by 0.
51%; In oil, the oil trade index rose by 4.
71%, the oil extraction index fell by 0.
73%, and the oil processing index rose by 0.
40%.

In terms of energy, OPEC raised its oil demand forecast, while Europe will impose an embargo on Russian crude oil from December 5, coupled with the decline in US crude oil and gasoline inventories and other multiple positive factors flooding the market, will cause international crude oil prices to rise
.
As of November 4, the settlement price of the main contract of New York crude oil futures was $92.
61 / barrel, up 5.
36% from the previous month; The main contract of Brent crude oil futures settled at $98.
57 per barrel, up 2.
92%
from the previous month.

From the perspective of the chemical spot market, the top five petrochemical products were pyrite up 20.
83%, n-butanol up 13.
43%, octanol up 8.
45%, benzyl chloride up 8.
03%, fluorite 97 wet powder up 7.
88%; The top five petrochemical products were liquid chlorine down 49.
43%, tetrachloroethylene down 14.
58%, trichloroethylene down 10.
17%, bisphenol A down 9.
31%, and butadiene down 8.
01%.

From the perspective of the capital market, the top five listed chemical enterprises in the Shanghai and Shenzhen trading markets last week rose by 61.
13%, Olade rose by 28.
58%, Huitian New Materials rose by 27.
30%, Tianhe shares rose by 26.
51%, and Haida shares rose by 25.
76%; The top five listed chemical companies were Polystone Chemical down 11.
14%, Leap Earth down 10.
21%, Meida down 8.
29%, Titan Technology down 5.
86%, and Winbond Health down 3.
96%.

In terms of securities investment, ten major institutions such as Haitong Strategy, CITIC Strategy, Industrial Securities Strategy and Guohai Strategy believe that the second wave of the market is expected to unfold
this year.
Guangdong Kai Strategy recommends focusing on high-end equipment manufacturing supply chain opportunities; The people's livelihood strategy recommends large-scale refining and coal chemical industry; Huaan's strategy recommends focusing on the oil transportation sector and traditional areas
such as coal and natural gas.