化工行业筑底回升，石化ETF（159731）连续3天获资金净流入

Core Viewpoint - The petrochemical industry index in China is experiencing an upward trend, with significant contributions from leading stocks such as Guangdong Hongda, Salt Lake Shares, China Petroleum, and China National Offshore Oil Corporation. The petrochemical ETF has seen a net inflow of 22.58 million yuan over the past five trading days, indicating strong investor interest [1]. Industry Summary - The basic chemical industry is projected to have a strong performance in 2025, driven by robust demand for new materials in emerging applications such as AI, OLED, and robotics. This is expected to accelerate the demand for core materials like photoresists [1]. - The industry is anticipated to exhibit a pattern of "weak fluctuations in the first half, mid-term rebound, and structural activity in the later stages," with significant price increases in sub-sectors like lithium battery materials due to improved supply and demand dynamics [1]. - The macroeconomic recovery is contributing to a rebound in the chemical industry, with resilience observed in sectors such as agricultural chemicals and MDI. There are clear expectations for profit recovery in titanium dioxide and lithium battery materials [1]. ETF and Fund Performance - The petrochemical ETF (159731) and its linked funds (017855/017856) closely track the China petrochemical industry index, with the basic chemical sector accounting for 60.1% and the oil and petrochemical sector for 32.7% of the index. The elimination of outdated production capacity and the enhancement of technological innovation in the petrochemical industry are expected to further increase the value of the industry chain [1].