Coal chemical concept stocks open high, Xinghua Shares hit the daily limit

Coal chemical concept stocks opened higher, Xinghua Shares hit the daily limit, Jinniu Chemical, Shaanxi Black Cat, Chitianhua, Baofeng Energy, and Jinye Technology also rose. On the news front, Iran’s South Pars gas field (supplying about 40% of natural gas) and the Asaluyeh methanol hub were attacked by the US and Israel, with most production capacity halted, and repairs expected to take weeks to months. The Iranian Revolutionary Guard warned of strikes on oil facilities in Saudi Arabia, the UAE, and Qatar, escalating the conflict.

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