化工持仓比例大幅提升，排在历史第6 高位 我们对公募基金10Q1以来的重仓股数据进行了统计和分析。21Q1 公募基金重仓持有化工股占全部A 股比例为5.06%，环比提升0.65pct；该持仓比例处在历史低点（2.09%）和高点（6.84%）的较高位置，排在历史第6 位。20Q1 受疫情影响，公募基金配置化工股意愿创下历史新低，自此之后开始逐季回升、加仓迹象明显，这是对化工行业整体周期改善的充分反映。随着化工行业下游地产、汽车、家电、纺织服装等持续景气向上，化工行业仍存在周期改善预期，基金持仓比例有望继续维持高位。

中ma国ry＃化 工品价格指数（CCPI）：本周CCPI 较上周下跌 0.4%，较上月同期上涨1.5%，年内涨幅为22.0%，较去年同期上涨55.4%。

原油价格保持回升。2021 年3 月，布伦特原油均价65.8 美元/桶，环比上升3.41美元/桶（5.46%），WTI 原油均价62.4 美元/桶，环比上升3.23 美元/桶（5.47%），布伦特-WTI 价差环比扩大至3.42 美元/桶。2020 年10 月以来，油价已经实现了连续五个月环比上涨。

：4 月21 日以来，印度新冠疫情单日确诊数量维持在30 万人以上；4 月26 日，印度新增确诊病例31.9 万例，占全球当日新增确诊病例48.4%。

短期内，在可降解塑料需求快速提升的情况下，供不应求的市场局面将保持，拥有可降解塑料原材料产能的生产企业仍将受益，给予子行业“推荐”评级。相关受益标的包括：金发科技、恒力石化、万华化学、彤程新材、瑞丰高材、莫高股份、道恩股份、东华科技、金丹科技等。

油价大幅上涨，周五布油收盘价 66.11 美元/桶，环比上周跌 0.66 美 元/桶；美国原油钻机数量减少，当周原油钻机数 343 部，环比减 1 口，前值持平。景气持续未变，淡季价格有所回调，反而是买入之时， 持续推荐具备阿尔法的共识性龙头。

上周化工新材料指数跑输创业板指，截至 2021 年 4 月 25 日，化 工新材料指数收 1064 点，较此前的 1028 点上涨 3.43%，跑输同 期创业板指的上涨 7.58%。新材料标的仍然是全年投资机会（半导体+OLED）。

Thermal spray coating is a coating process that involves heating a material in powder or wire form to a molten or semi-molten state. The material is then coated on a surface using a stream of gas or compressed air. The coating material consists of a single material such as ceramics or can be alloy or composite with unique physical properties. The report includes the study of the thermal spray coating market with respect to the growth prospects and restraints based on the regional analysis.

The global K-beauty products market is analyzed on the basis of its prospect and future growth rate. The report highlights numerous factors that influence the growth of the market. These include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market. K-beauty products refer to the skincare and makeup products originated from South Korea. These beauty products emphasize particularly on skin aesthetics such as health, hydration, and luminous textured skin. Korean women have traditionally favored glowing ‘glass’ skin over layers of foundation and lengthy skin care regimes with focus on toning and clarifying. Their beauty standards focus on the appearance of moisture on the skin, resulting in an augmented fondness for cremes over powders. The concept of K-beauty products has gradually gained popularity worldwide, especially in the U.S. and the Asian countries. Products in this segment are manufactured using unique ingredients such as snail slime, bee venom, starfish extract, pig collagen, and morphing masks. The K-beauty skin care regime entails a series of steps including cleansers, serums, toners, sheet masks, fermented products, SPF 35 sunscreen, night creams, and moisturizers.