我国大豆自给率不到20%，未来大豆自给率提升是大趋势。作为食用油和饲料原料重要来源的大豆严重依靠进口，成为我国粮食生产上的主要瓶颈。2019 年我国大豆自给率仅为17%，进口依存度达到83%。受益“大豆振兴计划”，中国大豆的种植面积和产量未来将持续增加，大豆自给率有望小幅提升。

4 月底各公募基金陆续了一季报，我们分析了化工行业在公募机构重仓股中最新的情况。由于公募基金季报只公布重仓持股情况（报告期末按公允价值占基金资产净值比例大小排序的前十名股票），所以我们分析范围为所有处于发行状态公募基金的重仓持股中的化工股（按照申万行业分级，后同）。

全市场对化工配置为近5 年来最低水平，随着疫情逐步控制，化工盈利将迎来改善，建议关注拥有强议价能力、较好成长性的化工龙头公司。

2020 年一季度化工产业总体好于制造业平均水平。国家发改委网站4 月20 日发布消息， 2020 年一季度，化工产业虽受到新冠肺炎疫情影响，但总体好于制造业平均水平。一季度，化工产业规模以上工业增加值同比降低6.8%，降幅好于制造业3.4 个百分点；产能利用率69.5%，高于制造业2.3 个百分点，同比下降4.1个百分点，降幅好于制造业5 个百分点。随着疫情防控成效不断显现，复工复产进度加快推进，化工产业增加值指标明显改善。3月份，规模以上工业增加值同比增长0.7%，由负转正，而1-2 月份为同比下降12.3%。

预计2020年，全球经济低速扩张，国内经济总体平稳，我国原材料工业生产小幅增长，投资规模有所扩大，进出口贸易低速增长，产品价格震荡下跌，行业经济效益同比下降。同时，原材料工业还存在发展质量有待提升、环保安全压力进一步增大、进出口贸易环境严峻、行业经济效益亟需改善等问题。针对以上，赛迪智库提出推动行业高质量发展、促进本质安全和绿色发展展、拓展国际合作新空间、加快新材料产业发展等对策建议。

Wood coatings are widely used in the protection and refinement of wood or wood-made structures. Protecting wooden surfaces help increase their utilization properties. Moreover, the use of wood coating enhances the aesthetic look of wooden object, which helps in marketing and selling of the product. Different types of wood coatings are available in the market such as varnish, stains, water-based coatings, and oil finishes. The Europe wood coatings market is segmented on the basis of resin type, technology, end use, and region. Depending on resin type, the market is classified into polyurethane, nitrocellulose, acrylic, unsaturated polyester, and others. By technology, it is fragmented into waterborne, conventional solid solvent borne, high solid solvent borne, powder coating, radiation cured, and others. As per end use, it is segregated into furniture, joinery, flooring, and others. Region wise, it is analyzed across Europe. The key players operating in the wood coatings industry include Akzo Nobel N.V., Axalta Coatings Systems, BASF SE, Jotun, Eastman Chemical Company, Kansai Paint Co., Ltd., Wendel Group, PPG Industries Inc., Tikkurila OYJ, and Teknos Group. In addition, the volume and revenue of the market is provided in the report in terms of million liters and $millions.

《管理办法》旨在构建完备、规范、高效的新型国家化肥商业储备管理体系，相比于2005 年颁布并施行至今的《化肥淡季商业储备管理方法》，新《管理办法》首次提出钾肥和救灾肥的商业储备，并上升到和春耕肥储备同样高度。

Quartz word is derived from querkluftertz, an old German word which means whitish vein quartz. The word Quartz is also derived from ancient Greek word krustallos, which means, ice, because it was believed that the quartz is ice which never melts. The Sumerians cut and carved several quartz stones and used them as a cylinder seals and ring seals. The Egyptians made beads, scarab figures, and other jewelry from quartz stones. Quartz is a hard, crystalline mineral which consists of silicon and oxygen atoms. These atoms are linked with each other to form SiO4 silicon–oxygen tetrahedra. The global quartz report focuses on revenue generated from various quartz material as well as end-user industry utilizing quartz including electronics & semiconductor, solar, buildings & construction, medical, optics and telecommunication and other. Moreover, the report analyzes the current market trends of Quartz in different regions and suggests the future growth opportunities by analyzing government regulations & policies, thereby further increasing the consumer acceptance of Quartz. The factors driving the growth of the market includes increasing use of Quartz in end-user industries such as alumina, pulp & paper, soap and detergent, water treatment, and others. In addition, with rise in the chemical industry, the demand for Quartz is expected to increase significantly, as it is used in manufacturing of organic and inorganic chemicals.

Antioxidants are very important for immune defense and health of animals. In order to improve the oxidative stability, and thus, increase the shelf-life of meat, antioxidants are being added to animal feeds. Vitamin E is an essential component of livestock diets. Vitamin E cannot be synthesized by animals, which is why the use of tocopherol is increasing in animal diets. An adequate amount of tocopherol is essential in animal nutrition to protect them from malnutrition and the pathogen. It helps to improve the quality of meat and eggs. In addition, it controls the oxidative stability in the animal's body, and therefore, reduces the unpleasant smell and taste, especially in beef and pork. Moreover, vitamin E is fat-soluble and is incorporated into the lipid fraction of cell membranes as an effective antioxidant defense mechanism. There is also an increase in demand for tocopherols in livestock, more so in the developing regions of Asia, Africa, and Latin America.

Specialty chemicals are the materials used on the basis of their performance or function. They are sometimes referred as performance chemicals or formulation chemicals. Most specialty chemicals are organic chemicals that are used in wide range of every day products used by consumers and industry. Industries which are highly dependent on the specialty chemicals products are automotive, aerospace, food, cosmetics, agriculture, manufacturing, and textiles. The specialty chemicals market is segmented into type and region. Based on type, it is categorized into food additives, cosmetic chemicals, water treatment chemicals, paper & pulp chemicals, textile chemicals, construction chemicals, oil field chemicals, and ink additives. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Market players operating and profiles in the global specialty chemicals market are BASF SE, Dow, Inc., Bayer AG, Evonik Industries AG, Lanxess AG, Solvay SA, Clariant AG, Huntsman International LLC, Albemarle Corporation, and Ashland LLC.