The petroleum and chemical index continued to fall (July 11-15)

　　Last week (July 11-15), inflation in the United States was much higher than expected, economic data in Europe was weak, the exchange rate of the euro against the dollar fell below 1 to 1, and China's economy withstood the pressure and achieved positive growth in the second quarter
.
Affected by this, last week, the Shanghai Composite Index fell by 3.
80%, the Shenzhen Component Index fell by 3.
47%, the ChiNext Index fell by 2.
03%, the Science and Technology Innovation Board Index fell by 2.
88%, the Chemical Index fell by 3.
74%, and the Oil Index fell by 3.
74%.
fell 3.
08%
.

　　On the energy front, the Federal Reserve raised interest rates sharply, which is expected to curb oil demand while curbing inflation
.
But Russia warned that the G7 oil price cap plan could lead to higher oil prices
.
At the same time, U.
S.
President Biden's visit to the Middle East caused the price of Brent oil to fall deeply twice, once falling below the $95 mark.
However, as the market expects that Biden's visit to the Middle East will be difficult to make oil-producing countries significantly increase production, the prospect of tight supply will attract Buying on dips to support oil prices
.
On July 15, the settlement price of the main contract of New York crude oil futures (WTI) was 104.
79 US dollars / barrel, a decrease of 6.
87% compared with July 8; the settlement price of the main contract of Brent crude oil futures (Brent) was 107.
02 US dollars / barrel, compared with 7 It fell 5.
48% on the 8th
.

　　From the chemical spot market, the top five petrochemical products that rose last week were raw rubber up 10.
26%, epichlorohydrin up 9.
32%, silicone DMC up 7.
89%, 107 rubber up 7.
69%, and dimethyl carbonate up 6.
06% %
.
The top five petrochemical products that fell were liquid chlorine fell 25.
00%, purified terephthalic acid fell 15.
85%, phenol fell 13.
54%, paraxylene fell 10.
50%, and sulfur fell 10.
32%
.

　　From the perspective of the capital market, the top five listed companies in Shanghai and Shenzhen last week were *ST Chengxing up 25.
11%, Guangju Energy up 24.
79%, Lianhong Xinke up 24.
40%, Xiangtan Electrochemical up 24.
22%, Yu New shares rose 23.
51%
.
The top five listed companies with a decline were Dewei New Materials, which fell 62.
71%, Shi Dashenghua, which fell 16.
91%, *ST Shuanghuan, which fell 15.
95%, Jitai, which fell 15.
63%, and Sankeshu, which fell 13.
01%
.

　　The focus this week is on the European and Japanese central banks
.
Huatai Securities believes that the rush to install wind power in the second half of the year is expected to drive a significant increase in the demand for polyetheramine
.
Since March, the demand for wind power bidding has gradually recovered, and the price of wind turbines has also rebounded.
The domestic annual installed capacity is expected to reach 50-60GW
.
Among them, more than 75% will be carried out in the second half of this year, or rush to install, and the significant improvement in demand is expected to support the price boom of polyetheramine
.