Phosphorus Chemical Industry Chain Continuously Rising

Basf VA accident impact or exceed expectations, prices are expected to rise substantially, recommend VA leader new and successful, pay attention to Zhejiang Pharmaceutical and Jindawei. Regulatory high pressure normalization, pesticide industry concentration is expected to exceed expectations, divided into two main lines of investment, one is price elasticity of large varieties, benefiting from Baiao Chemistry and Hunan Haili; the other is long-term open growth space varieties, benefiting from the target of Yangnong Chemistry and Lier Chemistry, recommended that attention be paid to Guangxin shares. Subsidies affect the sales of electric vehicles. The decline in the production of power battery leading companies leads to pessimistic expectations for lithium materials. The industry shuffles well and subdivides the leading companies. New Zealand is recommended as the leading electrolyte company. Diesel Vehicle Guoliu promotes the high growth of zeolite demand, OLED business enters the performance release period, and recommends Wanrun shares. Endogenous epitaxy capacity accelerates expansion, industry development opportunities and its own advantages make the company have sustained growth potential, we recommend Lianlong. Fundamentals are expected to exceed expectations, long-term bullish low valuation leader Wanhua Chemistry, Hualu Hengsheng. A quick overview of the weekly market: The basic chemical sector rose 1.58% compared with last week, and the Shanghai-Shenzhen 300 index fell 0.02% compared with last week. The basic chemical sector outperformed the market by 1.6 percentage points, ranking fourth in all sectors. According to Shenwan classification, the bigger increases are: tyre 2.61%, spandex 2.43%, glass fiber 1.91%, potassium fertilizer 1.82%, viscose 1.59%, polyurethane-3.44%, daily chemical products-3.04%, nitrogen fertilizer-2.66%, other chemical raw materials-2.46%, pesticides-1.96%. Price and operation trend of key chemical products: WTI oil price fell 7.61% this week, quoted at $55.63 per barrel. Of the 128 chemicals we followed, 32 rose, 42 were flat and 54 fell. This week's leading chemical products are phosphoric acid, yellow phosphorus, Glyphosate, MMA, sodium hexametaphosphate, sodium tripolyphosphate, Acetone, hydrogen peroxide, DMC, raw rubber. This week's leading declines were propylene oxide, WTI, natural gas futures, polyester chips, Brent, elastomer polyether, high resilience polyether, pop polyether, polyester staple fiber, PX (CFR China).

Chemical Fiber: Viscose staple fiber 1.5D quoted 11700 CNY/ton, down 0.43%. The price of viscose filament 120D is 37800 CNY/ton, which remains unchanged. Spandex 40D quoted 30000 CNY/ton, unchanged. Interior PTA offer 6320 CNY/ton, down 2.47%. Jiangsu and Zhejiang polyester staple fibers quoted 7970 CNY/ton, down 4.21%. Polyester POY150D quoted 8170 CNY/ton, down 3.54%. The price of acrylic staple fiber 1.5D is 15700 CNY/ton, which remains unchanged.

Agrochemistry: Hualu Hengsheng (Small Particle) urea quoted 1900 CNY/ton, down 1.55%. Sichuan Jinhe Powdery 55% Monoammonium Phosphate quoted 2100 CNY/ton, which remained unchanged. Southwest Plant (64% brown) Diammonium Phosphate quoted 2425 CNY/ton, which remained unchanged. The price of 60% crystal potassium chloride in Qinghai Salt Lake is 2350 CNY/ton, which remains unchanged. The price of 51% potassium sulfate in Lop Nur, Xinjiang is 3100 CNY/ton, which remains unchanged. Xin'an Chemical Glyphosate quoted 27,000 CNY/ton, up 10.20%. Lier Chemical Glyphosate quoted 117500 CNY/ton, down 6.00%. Jiangsu Changlong Kungfu pyrethroid quoted 310,000 CNY/ton, down 3.13%; East China pure pyridine quoted 19500 CNY/ton, unchanged; China-agriculture combined imidacloprid quoted 145,000 CNY/ton, down 2.03%. Dayson Manganese Zinc quoted 21000 CNY/ton, unchanged.

PU and plastics: East China pure MDI quoted 17650 CNY/ton, up 5.37%, East China Polymerized MDI quoted 12500 CNY/ton, up 2.04%. East China TDI quoted 13350 CNY/ton, up 1.91%. The price of 1800 molecular weight PTMEG in East China was 15700 CNY/ton, down 1.88%. The price of propylene oxide in East China was 9450 CNY/ton, down 5.03%. Shanghai Bayer PC quoted 18500 CNY/ton, unchanged.

Chlor-alkali and soda: East China calcium carbide PVC quoted 6823 CNY/ton, down 0.37%. East China Ethylene PVC quoted 7013 CNY/ton, unchanged. The price of light soda is 1575 CNY/ton, which remains unchanged; the price of heavy soda is 1800 CNY/ton, which remains unchanged.

Rubber and Carbon Black: The quotation of natural rubber in Shanghai market was 10500 CNY/ton, up 0.48%. The price of styrene-butadiene rubber in East China market was 10175 CNY/ton, up 0.25%. The price of cis-butadiene rubber in Shandong market is 10350 CNY/ton, which remains unchanged. Jiangxian Hengda carbon black quoted 7000 CNY/ton, which remained unchanged. Promoter NS quoted 25000 CNY/ton, unchanged. Accelerator CZ quoted 20500 CNY/ton, down 0.97%.