化工行业 “东升西落”，中国全球竞争力提升；化工行业ETF易方达（516570）标的指数近一年涨超45%

Group 1 - The China Petroleum and Chemical Industry Index (H11057) has decreased by 0.74% as of 9:54, with major stocks like Wanhua Chemical down 0.33%, China Petroleum down 1.04%, and China Petrochemical down 1.08% [1] - The index has seen a significant increase of 45.87% over the past year [1] - The E Fund Chemical Industry ETF (516570), which tracks the index, has attracted substantial capital inflow, totaling over 1.3 billion yuan in the last 10 days, with the latest fund size reaching 1.631 billion yuan [1] Group 2 - The European Chemical Industry Council (Cefic) reported a sixfold increase in closed production capacity in the European chemical industry from 2022 to 2025, totaling 37 million tons, which accounts for approximately 9% of the total European chemical capacity [3] - According to customs data, China's export quantity index for chemical raw materials and products is projected to average 113.0 in 2025, indicating a year-on-year growth of about 13.0% in monthly export volume [3] - Everbright Securities noted a trend of "East rising, West falling" in the chemical industry, highlighting the increasing global competitiveness of Chinese chemical companies, which helps absorb new production capacity and enhances China's market share and brand influence globally [3]