Weekend review:


1. The future potential for price increases and the results based on the current price increases of futures commodities calculated using crude oil (ranking of varieties with the greatest potential for further price hikes):
PX/pure benzene/styrene (remaining potential 15-25%): The strongest real supply impact (refinery shutdowns + Strait of Hormuz risk), highest transmission coefficient, already up 40% but with a cost ratio of over 90%, still room for limit-up moves.
Propylene (remaining potential 12-18%): A core olefin, up 22% but downstream restocking has just begun.
2. The positive transmission effect of crude oil price increases on coal chemical products is currently in correction.
3. Be alert to the opportunity to switch when oil prices cease to rise.
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