上周，化工板块上涨 3.18%，沪深 300 指数上涨 2.60%，化工板块跑赢同期沪深 300 指数 0.58 个百分点。年初至今，化工板块累计下跌 1.70%，沪深 300 指数累计上涨 9.96%，化工板块跑输同期沪深 300 指数 11.66 个百分点。

据国务院法制办网站消息，《国务院关于修改〈建设项目环境保护管理条例〉的决定》日前发布。国务院法制办、环保部负责人就有关问题答记者问。负责人介绍，《决定》在简化审批事项，加强事中事后监管的同时，在费用收取和罚款等方面注重衔接，一方面加大对违法违规行为惩罚力度，另一方面尽可能减轻企业不合理负担，推动政府转变管理方式和服务企业、便利群众。

Vacuum insulation panels (VIPs) are high-performing, ultra-thin insulants. They enhance energy efficiency and space benefits for home appliances, refrigerated transportation systems, temperature-controlled packaging, and other applications.The global VIPs market is segmented based on core materials into silica, fiberglass,and others (powder based, recycled material, polyurethanes, and other polymers);by end-user into construction, logistics (transportation and packaging), cooling and freezing devices, and others (other end-users include appliances, industrial and automotive applications); and by region into APAC, North America, Europe, and ROW.

Agricultural inoculants are microbes specially formulated for seeds or soils to promote plant health and improve agricultural productivity. These microbes, which can be bacteria, fungi, or other microbes, prevent diseases, encourage plant growth, and improve crop yield. They are available in solid, liquid, and freeze-dried forms. Inoculant standards are changing, and the frequency with which they are used is also on the rise.

Polyethylene terephthalate (PET) is an amorphous glass-like material in its purest form. It converts to crystals under the influence of direct modifying additives. Crystallinity can also be developed when the polymer melt is heat treated. Being a thermoplastic recyclable polymer, PET is the number one choice for many applications; thereby, satisfying the requirement for a greener and eco-friendlier alternative to commonly used plastics such as polyethylene.

Ba29sed on the target market and product pricing, the beauty products industry can be divided into two broad categories: mass beauty care and premium beauty care. While the mass category is targeted at the middle- and lower-income class (C, C-/D+, and D/E class) population, the premium category is targeted at the upper-income class (A/B and C+) or affluent class of the population.

本期化工行业二级市场下跌，二季度后，多数产品在大宗商品回调的影响下由补库存进入去库存周期，产品价格呈现下跌趋势。进入下半年在经历三个多月去库存后部分产品库存仍处于相对低位，且下半年旺季到来及环保趋严等因素的影响下，相关产品价格望迎来一波反弹，目前部分产品已处于上升通道。

上周，国际油价小幅下跌，国内化工品价格以上涨为主：华泰化工重点监测的 201 个主要化工产品中，69 个价格上涨，38 个价格下跌，其中软泡聚醚（22.8%）、泛酸钙（21.7%）、丁二烯（15.5%）涨幅居前；R410a （-18.8%）、R32（-8.7%）、R125（-8.6%）跌幅居前。 

2017 年 8 月 7 日启动第四批中央环保督察对吉林、浙江、山东、海南、四川、西藏、青海、新疆（含兵团）开展督察进驻工作。8 个省市涉及 19种产品占全国产能比在 30%以上，其中 10 种化工品产能占比在 50%以上。产能在以上 8 省市占比较高的行业主要包括制冷剂、印染、山梨酸钾、碳酸二甲酯、染料、MDI、粘胶、氯碱、草甘膦、纯碱、钛白粉等子行业。 

8 月 7 日，环保部公布第四批环保督察组将于 8 月 7~ 15 日陆续进驻四川、山东、浙江、新疆、吉林、青海、海南及西藏，进驻时间 1 个月左右。环保督察力度逐批加大，预计第四批督察将继续保持高压态势，同时结合“2+26”环保专项督查，下半年环保力度进一步加大，污染较高、督察地区产能占比较大的化工品受环保影响较大，短期价格有望快速上涨，建议关注染料、环氧丙烷、粘胶、氨纶、MDI、氯碱、纯碱、钛白粉及草甘膦等行业投资机会。