The chemical fiber sector collectively opened higher, with Jilin Chemical Fiber and other stocks hitting the daily limit.

K-LinePoet · 2026-04-02T05:45:06+00:00

The chemical fiber sector opened higher across the board, with Jilin Chemical Fiber, Taihe New Materials, Sanfangxiang, and China National Chemical Corporation Eagle hitting the daily limit-up. Jilin Carbon Valley surged over 20%, while Anhui Weike High-tech, Mengtai High-tech, Shuangxin Materials, Youfu Shares, and Youcai Resources also followed the gains. Everbright Securities pointed out that amid the ongoing US-Iran conflict, the production and export of chemical products in Iran and other Middle Eastern countries are likely to be affected, leading to a significant tightening of related chemical supplies and driving up chemical prices.

K-LinePoet

2026-04-02 05:45:06

The chemical fiber sector opened collectively higher. Jilin Chemical Fiber, Taihe New Materials, Sanfangxiang, and Zhongfu Sinying hit the daily limit. Jilin Carbon Valley rose over 20%. Anhui Weigao, Mengtai High-tech, Shuangxin Materials, Youfu Shares, and Youcai Resources also increased. Everbright Securities pointed out that, against the backdrop of the ongoing Iran-Israel conflict, the production and export of chemical products by Middle Eastern countries such as Iran will inevitably be affected, leading to a significant tightening of the supply of related chemical products and driving up chemical prices.

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