“十五五”开局之年机构最看好化工产业，资金抢筹石化ETF（159731），份额规模齐创新高

Core Viewpoint - The petrochemical ETF (159731) has seen a continuous inflow of funds for 12 trading days, totaling 534 million yuan, indicating strong investor interest in the sector [1] Group 1: Industry Performance - The petrochemical ETF has reached a new high with a total share of 813 million and a total scale of 832 million yuan [1] - The chemical industry is viewed as the most promising sector for 2026, with a favorable competitive landscape involving state-owned enterprises, local state-owned assets, and private companies [1] - The chemical industry has developed strong international competitiveness in cost and efficiency due to over 20 years of urbanization and industrialization in China [1] Group 2: Investment Outlook - The current valuation of the chemical industry is considered relatively reasonable, and it may be at the bottom of an investment cycle [1] - The basic chemical industry accounts for 59.23% and the oil and petrochemical industry accounts for 32.60% of the index tracked by the petrochemical ETF [1] - The chemical industry cycle is expected to accelerate its reversal due to supply-side capacity reduction and a focus on expanding domestic demand [1]