SINOPEC N4704

NTES-S

KWAN YONG

PEIJIA-B

REMEGEN

RADIANCE HLDGS

POP MART

BAOZUN-W

ARCHOSAUR GAMES

XIAOCAIYUAN

HEPALINK

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Sinopec Shanghai Petrochemical Co (HK:0338) reported strong Q1 2026 production and sales of refined oil and chemical products, including diesel, gasoline, and jet fuel. Despite year-on-year declines in diesel and gasoline prices, jet fuel prices rose, and PX prices increased sharply. Crude oil processing costs fell, providing margin support. The latest analyst rating for the stock is a Hold with a price target of HK$1.13. The company is a major integrated petrochemical producer in China, serving both fuel and chemical markets.

Tip Ranks

SHANGHAI PECHEM

SINOPEC N2911

SINOPEC N3101

Sinopec Shanghai Petrochemical Posts Strong Q1 2026 Volumes Amid Mixed Pricing Trends

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Sinopec has set its March paraxylene contract price at 9,750 yuan ($1,416.71) per metric ton, a 32% increase from February, due to tight supply caused by Middle East tensions and domestic maintenance issues. The company has nominated April's price at 9,700 yuan/mt. Domestic PX production has been affected by logistical challenges and maintenance shutdowns, leading to a 3% drop in PX inventories. Meanwhile, demand from the polyester industry is rising, pushing prices higher. Sinopec also increased its purified terephthalic acid price by 22.8% for March.

MorningStar

Yinhua CSI Oil & Gas Resources ETF

Sinopec Corp.

Bosera CSI Oil & Gas Resources Index ETF

Guotai CSI Oil & Gas Industry ETF

E Fund CSI Petrochemical Industry ETF

Hwabao WP CSI Subdivision Chemical Industry Theme ETF

SINOPEC CORP

SINOPEC N3005

China Universal CSI Oil & Gas Resources ETF

Penghua CSI Subdivision Chemical Industry Theme ETF

ChinaAMC CSI Petrochemical Industry ETF

Guotai CSI Subdivision Chemical Industry Theme ETF

Sinopec's March Paraxylene CP Settles 32% Higher on Tight Supply — OPIS

Citi released a research report indicating that Sinopec's net profit last year fell by 34% year-on-year to RMB 32.5 billion, which was below expectations. The net profit for the fourth quarter was RMB 400 million, a year-on-year decline of 89%, mainly due to inventory losses caused by falling oil prices. The dividend per share is RMB 0.2, with a payout ratio of 75% and a yield of 5%. The report focuses on the impact of the Middle East situation on Sinopec's downstream business and maintains a target price of HKD 5.2 for H shares, with a rating of "outperform."

AASTOCKS

In "The Big Banks," Citigroup: The escalation of the situation in the Middle East, pay attention to the development of Sinopec's downstream business

Sinopec will reduce its total crude oil processing volume by more than 10% this month due to the Middle East war and transportation difficulties in the Strait of Hormuz. The company's refineries process approximately 5.2 million barrels of crude oil daily, and it is expected that the refining volume in March will decrease by 600,000 to 700,000 barrels. Sinopec's stock price fell by 1.03% today, currently reported at 4.79 yuan. Analysts expect that China's refineries will reduce their processing volume by 1.5 million barrels per day and will release 1 million barrels of inventory in the next four to six weeks

It is reported that Sinopec's total crude oil processing volume this month has decreased by more than 10% compared to the original plan

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Asian energy stocks surged as oil prices soared past $100 a barrel amid escalating Middle East conflict, raising concerns over supply disruptions. Major companies like Cnooc, PetroChina, and Sinopec saw significant gains in both mainland and Hong Kong markets. Investors are reacting to potential lasting damage to energy infrastructure, particularly in the Strait of Hormuz, which is crucial for global oil transport. Analysts warn that prolonged conflict could severely impact global oil supply, affecting net oil-importing Asian economies.

CNOOC F03 N3305

CNOOC

CNOOC F13 N4305

PETROCHINA

SINOPEC SSC

CNOOC F13 N2909

Asian Energy Stocks Surge, Mirroring Oil Prices as Mideast Conflict Grows

Entering January, the chemical market saw a strong rebound in pure benzene prices. Sinopec raised its listed price seven times between January 12 and 30, with a total increase of 850 yuan/ton, setting a recent high in both frequency and magnitude of price adjustments

Wallstreetcn

Harvest CSI Chemicals Sub-industry ETF

Leading companies in pure benzene have raised spot prices 7 times this month