前三季度基础化工行业实现较快增长，增速有所下滑。2022 年前 三季度，中信基础化工行业实现营业收入19450.62 亿元，同比增 长29.93%，实现净利润 2162.07 亿元，同比增长25.70%。前三 季度基础化工行业的收入、利润仍保持较快增长，但与中报业绩相 比，前三季度增速较2022 年上半年出现明显回落。今年第三季度， 基础化工行业的收入同比仍保持增长态势，但营业利润与净利润同 比、环比皆呈现下降态势，显示行业的景气度出现明显下滑。 前三季度，基础化工33 个子行业营业收入总体保持增长态势，净利润 出现较为明显的分化。锂电化学品、钾肥、民爆用品等行业业绩表现 较好。

2022 年双十一，综合星图/魔镜/青眼等第三方数据，天猫美妆个护销售额 402 亿元/同比-11%，直播电商全品类 1814 亿元/同比+146%；我们推算“天猫美 妆+直播美妆”销售额同比约+9.2%，而全渠道美妆销售额增速介于 0~9.2%。 天猫美妆表现一般，而全渠道美妆增速符合预期。分品牌类型看：本土优质龙 头逆势高增，新锐美妆严重分化，国际品牌整体增长乏力。

Grease is used to lubricate any mechanical system. The main purpose of grease is to reduce friction between moving parts, which increases the efficiency and output of the system. Moreover, grease reduces wear on machine parts and extends the life of components.

Engine oil is a lubricating system explicitly designed for use in engines. It decreases friction between engine surfaces that come into contact with each other. It reduces energy waste caused by friction and is highly effective in cleaning, cooling, and protecting metal components from corrosion and rust. A good quality engine oil is critical for the proper operation of an engine as it enables smooth engine operations, prevents engine damage, and extends engine life.

Diesel engine lubricants are essential for improving the performance of diesel engines. Diesel engine lubricants offer smooth functioning of the engine block, piston assembly, and crankshaft. When a diesel engine is in operation, diesel engine lubricants form a protective film between moving parts, such as pistons, engine blocks, crankshafts, and valves. If lubricants are not maintained up to a certain level in a diesel engine, it can lead to the malfunction of the diesel engine and engine jamming. As a result, diesel engines’ performance suffers.

Over the last few years, environmental regulations, and the importance of developing sustainable products have generated a tremendous demand for biobased lubricants or biodegradable lubricants. In the lubricant industry, bio-based lubricants are used as lubricating oils to reduce energy consumption and prolong the life of equipment/machinery. Several OEM equipment manufacturers and vendors in the mining marine, construction, and wind power industries are seeking environment-friendly products. Therefore, such environmental considerations and changes in consumer behavior have compelled lubricant manufacturers to formulate lubricants with lower environmental impact.

The present scenario is driving vendors to change and refine their unique value propositions to achieve a strong market presence. Some key players in the agricultural lubricants market include Shell, Valvoline, BP, and others. There exists stiff competition among these players in the market. Additionally, the market is highly competitive and is prone to be affected by volatility in the general business and economic environment.

10 月，印度进口培育钻石毛坯0.55 亿美元，同比下降46.53%，环比下降50.21%，进口渗透率为5.6%。本月培育钻石毛坯进口规模同比及环比均有大幅回落，预计主要为毛坯价格下降叠加印度排灯节假期延长情况下，中游切磨商延迟进货，缓解库存压力，随着美国进入年末假期消费旺季，后续进口数据有望环比改善。

11 月8 日北京住建委发布，取消亦庄台湖、马驹桥板块双限购政策，核心城市楼市松绑释放强信号，宽松政策有望进入加速期，后续政策或将密集出台。

研究目的：受到俄乌冲突影响，欧洲能源供应出现紧张，俄罗斯天然气在欧洲天然气使用量中占比较大，俄乌冲突期间，天然气等能源价格数次上涨，欧洲的工业生产成本大幅上行，中欧化工产品价格差距拉大，中国化工产品出口量有望增加。