7 月 10 日至 7 月 14 日，上证综指上涨 0.14%，化工行业下跌 1.07%，弱于大市。子行业大部分下跌，其中炭黑、粘胶涨幅较大，其他化学原料、磷化工跌幅较大。 

截至 7 月 11 日，在我们监测的 69 家公司中，共有 28 家公司披露了 2017年中报业绩预告，其中有 21 家公司预增，5 家公司扭亏，2 家公司略增，2家公司续盈，1 家公司预减，2 家公司首亏，3 家公司续亏。

我们认为目前经济需求端好于预期，周期领域在三季度旺季催化下可望再迎行情，低估值龙头仍是首推。政策方面，环保政策有望在下半年再度加速，促进周期行业结构优化。成长方面，电子化学品等领域受政策催化，国产化进程加速，行业创新带动新增需求，建议重点布局业绩快速增长的细分领域龙头。推荐标的扬农化工、中旗股份、利民股份、龙蟒佰利、恒力股份、广信材料、万润股份。 

上周，国际油价小幅下跌，国内化工品价格涨跌互现，其中氯乙酸（61.3%）、丁腈橡胶（11.3%）、甘氨酸（11.1%）涨幅居前；R32（-6.4%）、甲醛（-5.4%）跌幅居前。 

本周涤纶产业链普涨，长丝 FDY 大涨 9.62%，POY 涨 3.85%，PET 切片涨 2.08%，PTA 涨 2.06；橡胶产业链丁腈橡胶暴涨 18.42%，丁二烯大涨7.14%，SBS 涨 4.10%；其他涨幅靠前的品种还有甘氨酸+6.88%，甲醇+4.68%，PVC+4.51%，双酚 A+4.15%，三氯乙烯+4.00%。

2016年德国在化学制药业方面的投资维持在一个较高的水平，其生产工厂的使用也保持平稳状态。但行业增长水平没有一年前预期的那么高，销售额甚至出现了微弱下跌，这主要是由于原材料价格下降，导致销售价格随之下挫。考虑到欧洲政局动荡，许多主体市场也存在不确定性，出现上述结果也许不足为奇。详细情况分析如下。

轻工制造板块逊于大盘（包装印刷>造纸>家用轻工）。造纸行业方面，瓦楞箱板纸延续涨势，上周分别上涨了 7.42%和 2.00%。随着夏季饮品需求提升，包装纸已经进入需求旺季，同时叠加国内外废纸持续涨价，我们判断包装纸价格涨势将得以延续。

Nanotechnology has made appreciable progress in its application in the paints and coatings industry. This is due to the availability of different nanoparticles and technological advancements in the production of nanocoating particles, which have been exploited for improvising paint and coating process. The acceptance of nanotechnology for different applications is expected to increase during the forecast period. This is because the technology can be used to address various performance and quality-based challenges that could not be resolved through other coatings. Nanocoating finds its applications for interior and exterior residential paintings, interior house furnishings, glass and facade coatings of tall buildings, coating of automobile exterior and interior parts, and coating of various industrial buildings. Nanocoatings are also used for small applications in other industries such as electronics, consumer goods, and medical products.

Earlier, debating feminine matters was taboo in the social community, and, as a result, women suffered from a lack of knowledge and literature on the subject. However, the situation has changed significantly and women have become more concerned about their health, including feminine issues. With the evolving perceptions of women, vendors are trying to fulfil the demand by providing high-quality products. Currently, sanitary pads are the most commonly used products for feminine hygiene by women. Historically, handmade or cotton-based sanitary pads were used as they were easy to make and were less expensive. However, nowadays, pads are usually made of synthetic and bleached materials, which can cause irritation if worn for a long time.

Carbon fibers (CF) are made up of almost 90% or more of carbon. Each carbon fiber filament has a diameter of 5-15 micron. Numerous parallel filaments are naturally and collectively grouped, and this is referred to as a carbon fiber tow. The term tow count indicates the number of filaments that are present per tow and is frequently expressed with nomenclature like 24K where the letter K denotes the number 1,000. Growing focus on achieving economies of scale in the production of carbon fiberreinforced composites will drive the market's growth. However, the growth will be restricted by challenges such as the high cost of these products.