化工行业2026年供需逆转可期，石化ETF（159731）连续10个交易日获资金净流入，合计“吸金”3.44亿元

Group 1 - The core viewpoint of the articles indicates that the petrochemical ETF (159731) has seen a continuous inflow of funds for 10 consecutive trading days, accumulating a total of 344 million yuan, with its latest share reaching 625 million, marking a new high since its inception [1][2] - Tianfeng Securities suggests that the chemical industry is entering a new phase of capital expenditure, with new capacity set to be released, and a supply-demand reversal expected by 2026 [1] - The construction projects in the chemical industry reached their highest year-on-year growth since Q3 2012 in Q4 2022, but began to decline in Q1 2023, with fixed asset completion growth entering negative territory by June 2025 [1] Group 2 - The petrochemical ETF and its linked funds closely track the CSI Petrochemical Industry Index, with the basic chemical industry accounting for 59.23% and the oil and petrochemical industry for 32.60% of the index [2] - The restructuring of supply-demand dynamics and the upgrading of industrial attributes are accelerating the pace of industry cycle recovery [2]