Chemical product price index rises after the holiday, and the chemical industry ETF E Fund (516570) has experienced net capital inflows for three consecutive trading days.

After the Spring Festival, the chemical industry enters the “Golden March and Silver April” phase of resumption and production, with chemical product prices showing seasonal elasticity. As of February 25, the China Chemical Product Price Index rose from 4,035 before the holiday to 4,065, with 60% of the 100 tracked chemical varieties experiencing month-on-month price increases.

At the industry level, the chemical sector is迎来 a fundamental right-side positioning opportunity. Specifically, long-term fixed asset investment has turned negative, and the capacity cycle is expected to peak, potentially releasing profit margins; under the dual control policies on carbon emissions, the capacity ceiling for high-energy-consuming enterprises is gradually becoming apparent, benefiting the supply side first; measures such as controlling incremental growth, reducing existing capacity, and managing processes are enhancing the industry’s recovery slope; overseas demand growth combined with capacity exits suggests exports may shift from price-for-volume to both volume and price increases; under the transformation of new and old kinetic energy, new chemical materials also inject elasticity into industry demand.

The CSI Petrochemical Industry Index consolidates leading companies across various chemical fields, with basic chemicals accounting for about 60% and petroleum and petrochemicals about 30%. Wind data shows that the ETF tracking this index, the E Fund (516570), has experienced continuous net capital inflows over the past three trading days, totaling over 65 million yuan. This product offers the lowest management fee among ETFs at 0.15% per year, making it a low-cost tool to capture opportunities from improved supply and demand in the chemical industry.

Daily Economic News