六国化工机构调整与股价波动，化工行业周期引关注

Group 1 - The core viewpoint of the news indicates that the Chinese chemical industry may enter a new upward cycle between 2026 and 2028, with expectations for profit recovery and valuation rebound, although Morgan Stanley suggests that the recovery is more likely to be "long-tail" driven by liquidity rather than fundamental improvements [1] - Zhao Ximing, Vice Dean of Hengli Industrial Chemical Academy, points out that the current cycle is more supply-side driven, with domestic coastal petrochemical bases gradually gaining global pricing power, leading to a rotational characteristic in the valuation recovery of the chemical sector [1] Group 2 - Recent events include the organizational restructuring of Six Nations Chemical (600470) on February 10, 2026, which involves the cancellation of the original phosphate fertilizer workshop and the establishment of five core operational systems to enhance management efficiency and cost accounting accuracy [2] - The chemical sector has recently strengthened, supported by price adjustments in disperse dye varieties (e.g., Zhejiang Longsheng (600352) saw a cumulative increase of 5000 yuan/ton for disperse dye black on February 8) and the implementation of export tax rebates for 94 pesticide varieties starting April 1 [2] Group 3 - In the past 7 days (as of February 13, 2026), Six Nations Chemical's stock price has shown significant volatility: it rose by 0.90% to 6.74 yuan on February 11, with a trading volume of 124 million yuan, but fell by 2.26% to 6.48 yuan on February 13, with the highest price during the period being 6.88 yuan (February 11) and the lowest being 6.46 yuan (February 13), resulting in a fluctuation of 6.37% [3] - Capital flow data indicates a net outflow of 5.19 million yuan from the main funds on February 13, with a turnover rate of 2.85%, and the stock price is approaching a resistance level of 6.88 yuan [3]