Petroleum and Chemical Stock Index Falling Overall

Last week, investors were worried about the impact of capital shortage due to the favorable release of the resumption of talks between China and the United States and the purchase of Kechuang board. The Shanghai Stock Exchange Index fell 2.67%, the Shenzhen Composite Index fell 2.43%, the small and medium-sized version index fell 2.99%, and the GEM index fell 1.92%. The index of chemical and petroleum sectors fell by 0.84% and 2.74% respectively.

Last week, the top five prices of petrochemical products were international naphtha, domestic diesel oil, PET chip, crude oil and polyester staple yarn, while the top five prices were polyamide DTY, ethylene, propylene, PX and polyamide POY. The top five rising prices of chemical products are poly-MDI, epichlorohydrin, DMF, acetone and cyclohexanone, while the top five falling prices are liquid chlorine, sulfuric acid, butanone, styrene-butadiene rubber and monoammonium phosphate. In terms of

stocks, the top five weekly gains were Chengxing Stock (35.65%), Xingfa Group (21.76%), Powerful New Materials (21.68%), Polyfluoride (20.21%) and Six Countries Chemical Industry (17.29%). The top five declines were Zhongqi Stock (-16.12%), Longpan Science and Technology (-14.13%), Haili Hunan (-10.31%), Hangzhou Hi Technologies (-10.06%) and Yabenhua. Learning (- 9.32%).