wanhua(SH:600309) Sou Hu Cai Jing·2025-12-18 02:46Group 1 - The core viewpoint of the news highlights the significant growth of the Tianhong Chemical ETF (159133), which reached a record high since its listing, with a turnover of 5.89% and a transaction volume of 31.19 million yuan [1] - The Tianhong Chemical ETF has seen a substantial increase in scale, growing by 31.46 million yuan and an increase of 22.5 million shares over the past week, indicating strong investor interest [1] - The fund has experienced a net inflow of 2.51 million yuan recently, accumulating a total of 18.54 million yuan in the last five trading days, reflecting positive market sentiment towards the chemical sector [1] Group 2 - Wanhua Chemical has expanded its price increase for MDI/TDI products to the Latin American region, driven by supply tightening due to unexpected outages from competitors and domestic capacity maintenance [2] - According to CICC's 2026 outlook, the petrochemical and chemical industry has been in a down cycle for approximately 3.5 years, but with decreasing capital expenditure and the exit of outdated overseas capacity, the industry is expected to enter a low growth phase [2] - The report anticipates that the chemical industry may reach a cyclical turning point due to the accumulation of favorable supply-side factors and rapid growth in demand from sectors like new energy [2]