液晶高分子（Liquid Crystal Polymer, LCP）是一种各向异性的、由刚性分子链构成的芳香族聚酯类高分子 材料，按照形成液晶相的条件不同，LCP 分为溶致性液晶（LLCP）和热致性液晶（TLCP），其具有低吸湿性、耐化学腐蚀性、良好的耐候性、耐热性、阻燃性以及低介电常数和低介电损耗因数等特点，广泛应用于电子电器、航空航天、国防军工、光电通讯等高新技术领域。目前全球 LCP 树脂材料产能约7.6 万吨/年，全部集中在日本、美国和中国。 

8月护肤类阿里系GMV达114.72亿元，同增57.77%；本月阿里系GMV前十中，国产品牌有七个，在数量上占主导，传统、新锐国产品牌持续登榜。

A menstrual cup is a feminine hygiene product that is used during menstruation. It is inserted into the vagina and one can keep it inside for a maximum duration of 12 hours. Its purpose is to prevent menstrual blood from leaking onto the clothes. It is made up of either latex, silicone, or thermoplastic elastomer. Silicon and thermoplastic elastomer are hypoallergic, which means that the wearer can be safe from unwanted irritation and allergies. The menstrual cups are available in a smaller and a larger size, where smaller size is recommended for women under 30 (who have not given birth vaginally) and the larger size is recommended for women who are over 30 (have given birth vaginally or have a heavy flow). The report includes market study on disposable and reusable menstrual cups and does not include other menstrual care products such as sanitary napkins and tampons.

2018年世界乙烯行业在迎来高增长，高消费和高盈利的一年后，预计2019年，在乙烯及衍生品贸易格局大规模调整，贸易不确定性不断增加的背景下，仍将延续高速发展态势，产能增长再创新高，产业链盈利水平也将继续保持高位。2018年，国内乙烯行业得益于废旧塑料禁令等政策性利好，消费继续保持较高增速；2019年，在外部贸易战利空，内部终端消费疲弱的背景下，乙烯产业消费侧核心推动力明显表现不足；同期，国内供应侧格局发生显著变化，民营炼化的投产，煤化工回潮，乙烷到港，为国内产业带来新的方向和动力。

机械：看好光伏和锂电设备 。我们预计光伏设备3Q开始业绩进入拐点期，硅片设备采购高峰即将到来，电池片设备技术迭代速度加快，板块有望迎来双击，推荐晶盛机电、捷佳伟创。

9 月油价上演过山车行情，但仍属行业发展相对舒适区。受 沙特油田遭遇无人机袭击影响，16 日Brent 油价上涨14.6%；17 日 因沙特预期能较快恢复正常产量、美国API 原油库存意外增加等利 空因素影响，油价单日下跌6.5%，随后几天震荡走低，上演过山 车行情。60-70 美元/桶的油价区间对石油化工行业虽不是最好，但 是一个相对比较舒适的价格区间。

A baby monitor is an electronic device that transmits sound and video-related activities of a baby to a receiver, which is usually at the parents' end. The basic version of a baby monitor consists of a radio transmitter that relays sound to the receiver. The receiver contains an inbuilt speaker that enables sound transmission between the baby and parents. This basic version of the baby monitor works within a short or limited range of transmission area. Technological advancements have led to the embedment of advanced features in baby monitors that keep parents updated and connected with their babies, even from a remote location. Vendors have integrated baby monitors with the latest technologies such as video transmission, Wi-Fi, and Bluetooth connectivity, to connect it with smartphones to provide parents with continuous inputs of the baby’s activities.

Personal care and home care are one of the major end-users for surfactants. Surfactants are used as ingredients in a variety of products in the personal and home care segment, such as foaming agents, dispersants, emulsifiers, solubilizing agents, cleansers, conditioners, toiletries, and detergents, among others. The personal care i ndustry accounted for a healthy share in the Latin American market, in 2018. Beauty and personal care industry in Latin America grew 42% from 2011 to 2016. In Brazil, the market grew 35% from 2011 to 2016. Brazil is the fourth largest consumer of personal care products trailing after the United States, China, and Japan. Brazil accounts for 9.4% of the global personal care market according to Brazilian association for the personal hygiene, perfume, and cosmetics industry.

The demand for adhesives in the packaging industry is increasing with the higher number of end-user applications. The packaging applications that use adhesives and sealants include flexible packaging, specialty packaging, composite containers, and frozen food packaging.  As of 2018, the per capita packaging consumption of India is significantly low at 8.7 kg, compared to countries, such as Taiwan and Germany, where it was 19 kg and 42 kg respectively, thereby making a huge space for the packaging industry to grow, in-turn boosting adhesives and sealants market growth rate in the packaging sector.