Product
Supplier
Encyclopedia
Inquiry
Home > News > Paint & Coating News > Chemical Machinery Index Rises Alone! Over 6% Increase in One Week

Chemical Machinery Index Rises Alone! Over 6% Increase in One Week

ECHEMI 2024-11-29

From November 18 to 22, the chemical machinery index was the only index to rise, while the other six indices experienced declines. In the chemical sector, the chemical raw materials index fell by 0.47%, the chemical pharmaceuticals index dropped by 1.78%, and the pesticide and fertilizer index decreased by 0.78%. In the oil sector, the oil processing index fell by 1.07%, the oil extraction index by 0.56%, and the oil trading index by 1.15%.


International crude oil prices rose initially and then fell, with WTI and Brent crude futures prices increasing by 6.30% and 5.81%, respectively. In the spot market, prices for folic acid, methanol, sulfur, glycine, and phenol saw significant increases, while liquid chlorine, octanol, SBS, vitamin D3, and dichloromethane experienced notable declines.


In the capital market, stocks like Zhenhua New Energy, Foshan Plastics Technology, Nanjing Chemical Fiber, Bohai Chemical, and Liuguo Chemical led the gains, while Zhizheng Shares, *ST Dazhi, Kuncai Technology, Meida Shares, and Xinri Hengli saw the largest declines.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.