多重正向逻辑产生共振，驱动化工行业基本面长期向好。 说一个在2025年闷声发大财，2026年仍具看点的板块！ 那就是化工，年内资金在疯狂流入，以被动ETF基金为例，2024年末全市场化工类ETF总规模仅为 25.1亿，2025年12月30日这一数值直接飙升至257亿，扩大十倍！ 化工行业在经历三年多的景气下行周期后，正迎来供需格局的实质性改善。在二级市场上也可以得到 一些印证，同花顺数据细分化工指数在2022年跌26.8%，2023年继续跌23.1%，2024年再下探3.8% 后，年内终于实现逆袭，上涨41.4%。 | 历年年度回报明细 指數名称 | 指数类型 | 2020 ÷ | 2021 ÷ | 2022 * | 2023 * | 2024 ÷ | YTD : | | --- | --- | --- | --- | --- | --- | --- | --- | | 细分化工 | 股票指数 | 51.68% | 15.72% | -26.89% | -23.17% | -3.83% | 41.40% | 作者 | Los 编辑 | 小白 （来源：Choice数据） 那是什么样的底层逻辑来推动化工行业持续上 ...

证券时报•数据宝对上一期(12月10日)筹码集中股监测显示，这些股12月1日以来平均上涨0.27%，走势弱于同期沪指表现（上涨2.06%），其中， 30%的筹码集中股相对大盘获超额收益。 上期股东户数降逾一成个股中，久之洋涨幅最高，12月1日以来累计上涨58.86%，涨幅居前的还有北京君正、新金路等。 34股最新股东户数降逾一成 证券时报•数据宝统计显示，共有974只个股公布了12月20日股东户数，与上期（12月10日）相比，股东户数下降的有575只。其中股东户数降幅超 一成的有34只。 股东户数降幅最多的是福蓉科技，截至12月20日最新股东户数为61763户，较12月10日下降25.72%，筹码集中以来该股累计下跌19.44%，累计换 手率为78.15%，其间主力资金净流出2.72亿元。 （原标题：股东户数降幅榜：34股最新股东户数降逾一成） 974只股公布截至12月20日最新股东户数，相比上期股东户数下降的有575只，降幅居前的是福蓉科技、福晶科技、力聚热能等。 投资者除了在定期报告中获得股东信息数据外，还可以在交易所互动平台上通过提问方式了解部分公司更及时（每月10日、20日、月末）的股东 户数信息。以 ...

证券之星消息，12月31日化学原料板块较上一交易日下跌0.53%，新金路领跌。当日上证指数报收于 3968.84，上涨0.09%。深证成指报收于13525.02，下跌0.58%。化学原料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600784 | 鲁银投资 | 6.98 | 2.80% | 14.07万 | | 9655.81万 | | 600623 | 华谊集团 | 7.71 | 2.25% | 19.81万 | | 1.51亿 | | 600989 | 宝丰能源 | 19.63 | 0.77% | 30.51万 | | 5.96亿 | | 600929 | 雪天盐业 | 5.65 | 0.71% | 8.62万 | | 4847.04万 | | 603213 | 镇洋发展 | 13.13 | 0.54% | 1.38万 | | 1803.39万 | | 600610 | 中毅达 | 9.93 | 0.51% | 16.14万 | | 1.59亿 | ...

(责任编辑：田云绯) 中国经济网北京12月31日讯 A股三大指数今日涨跌不一。截至收盘，上证综指报3968.84点，涨幅0.09%， 成交额8295.12亿元；深证成指报13525.02点，跌幅0.58%，成交额12156.30亿元；创业板指报3203.17点，跌幅 1.23%，成交额5436.92亿元。 | 序号 | 板块 | 涨跌幅(%)▼ | | 总成交量（万手） = 总成交额（亿元）▼ | 净流入(亿元) ▼ | 上涨家数 | 下跌家数 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 军工电子 | 2.60 | 2748.97 | 714.66 | 19.62 | 54 | 7 | | 2 | 机场航运 | 2.54 | 1528.46 | 78.85 | 11.55 | 11 | N | | ന | 文化传媒 | 2.18 | 3908.25 | 446.42 | 54.71 | 75 | ਰੇ | | ব | 教育 | 1.76 | 729.33 | 46.46 | 0.99 | 14 | 2 | | 5 | 幸工装备 | 1.6 ...

Investment Rating - The report maintains a rating of "B" for the new materials sector, indicating a leading position in the market [2]. Core Insights - The commercial aerospace sector is experiencing rapid development driven by policy support, which is expected to significantly boost the carbon fiber industry. The market for carbon fiber composites is projected to double within five years, with demand anticipated to rise from hundreds of tons to thousands of tons [6]. - The actual consumption of carbon fiber in China is expected to reach 96,446 tons in 2025, reflecting a year-on-year increase of 71.89%, primarily driven by the wind power blade and aerospace sectors [6]. - The new materials sector index increased by 7.03%, outperforming the ChiNext index by 3.14% over the past week, with notable gains in various sub-sectors such as battery chemicals (up 13.29%) and semiconductor materials (up 6.30%) [3][18]. Summary by Sections Market Performance - The new materials sector has shown strong performance, with the new materials index rising by 7.03% and various sub-sectors experiencing significant increases, including battery chemicals (up 13.29%) and semiconductor materials (up 6.30%) [3][18]. - The overall market performance for the week (December 22-26, 2025) saw the Shanghai Composite Index increase by 1.88% and the ChiNext Index by 3.90% [14]. Price Tracking - The report provides a weekly price tracking of various chemical raw materials, including stable prices for amino acids and biodegradable plastics, while some vitamins showed slight decreases [4]. - Carbon fiber prices remain stable, with leading companies announcing price increases for their products starting in 2026 [6]. Investment Recommendations - The report suggests focusing on leading companies in the carbon fiber sector, such as Jilin Chemical Fiber, Zhongfu Shenying, Zhongjian Technology, and Guangwei Composites, as they are expected to benefit from the anticipated growth in demand [7].

Group 1 - The polyester industry chain is strengthening overall, with PX prices rising due to high demand for toluene/xylene and gasoline, leading to tighter PX supply [1] - PTA production is declining due to unexpected shutdowns and reduced operating rates, supporting the supply side [1] - The polyester filament industry is implementing self-discipline to reduce production and maintain prices, resulting in significant inventory reduction [1] Group 2 - The Ministry of Industry and Information Technology emphasized the need to address "involution" competition by 2026, aiming to curb low-price and low-quality competition, which is expected to further optimize the supply-demand structure in the chemical industry [1] - The chemical sector ETF (516220) tracks a specialized chemical index (000813) that focuses on high-growth and innovative chemical enterprises, reflecting the overall performance of the industry [1]

证券之星消息，12月30日化学原料板块较上一交易日上涨0.79%，中泰化学领涨。当日上证指数报收于 3965.12，下跌0.0%。深证成指报收于13604.07，上涨0.49%。化学原料板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 002648 | 卫星化学 | | 9720.51万 | 9.62% | -1073.56万 | -1.06% | -8646.96万 | -8.56% | | 000510 | 新金路 | | 6988.41万 | 6.66% | 560.74万 | 0.53% | -7549.15万 | -7.19% | | 002092 中泰化学 | | | 6532.50万 | 10.41% | -1224.69万 | -1.95% | -5307.81万 | -8.46% | | 600409 | 三友化工 | | 4842.07万 | 11.18% | - ...

Core Viewpoint - The GDP growth target for 2026 is expected to remain around 5%, with macro policies focusing on promoting consumption and expanding investment to ensure a good start for the 14th Five-Year Plan [3] Export Performance - China's export performance in 2025 was better than expected, with nominal exports increasing by 5.4% in USD and 6.2% in RMB in the first 11 months. After adjusting for price factors, actual export growth was 7.9% in USD and 9.0% in RMB [4][5] - The strong external demand contributed significantly to China's economic growth, with net exports boosting GDP growth by 1.5 percentage points in the first three quarters of 2025, accounting for 29.0% of the cumulative GDP growth [4] - The expected growth rate for China's exports in 2026 is projected at 3.4% in USD terms, supported by stable US-China tariffs and China's cost advantages [9][28][30] Manufacturing Investment - Manufacturing investment is expected to recover slightly in 2026, from around 1% growth in 2025 to approximately 2% in 2026, driven by resilient exports and policy support for advanced manufacturing [31][46] - The decline in manufacturing investment in 2025 was attributed to "strong supply and weak demand" and trade friction, but the outlook for 2026 suggests a recovery due to improved export expectations and continued policy support [36][46] Real Estate Sector - The direct drag of the real estate sector on the economy is expected to weaken in 2026, with a projected decline in commodity housing sales area of about 5% and a narrowing of the decline in real estate investment to around -11% [55][58] - The real estate sector's recovery will depend on improved consumer confidence and the successful resolution of credit risks among property developers [56][57] Consumption and Investment - Expanding domestic demand is crucial for achieving the 5% GDP growth target in 2026, with a focus on promoting consumption and investment [64] - The government is expected to maintain support for consumption through long-term special bonds, with a funding scale at least equal to the 300 billion RMB allocated in 2025 [66][68] - Infrastructure investment is projected to rebound to 8% growth in 2026, supported by previously announced policies [64]

证券之星消息，12月29日化学原料板块较上一交易日下跌0.21%，三孚股份领跌。当日上证指数报收于 3965.28，上涨0.04%。深证成指报收于13537.1，下跌0.49%。化学原料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 001217 | 华尔泰 | 15.30 | 9.99% | 35.29万 | | 5.28亿 | | 600955 | 维远股份 | 16.82 | 8.03% | 22.95万 | | 3.84亿 | | 301118 | 恒光股份 | 26.09 | 6.19% | 10.77万 | | 2.77亿 | | 600328 | 中盐化工 | 8.36 | 3.59% | 43.09万 | | 3.60亿 | | 600784 | 鲁银投资 | 7.04 | 3.23% | 25.96万 | | 1.83亿 | | 920304 | 迪尔化工 | 14.59 | 3.11% | 11.37万 | | 1.67亿 | | 600 ...

从资金流向上来看，当日化学原料板块主力资金净流入1.36亿元，游资资金净流出6364.06万元，散户资 金净流出7212.99万元。化学原料板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000510 | 新金路 | 1.24亿 | 16.66% | -1020.48万 | -1.37% | -1.14/4 | -15.30% | | 002136 | 安纳达 | 1.03亿 | 29.26% | -3626.15万 | -10.32% | -6658.02万 | -18.94% | | 603938 | 三孚股份 | 4480.72万 | 6.97% | -183.74万 | -0.29% | -4296.97万 | -6.69% | | 301069 | 凯盛新材 | 3952.79万 | 2.31% | -948.85万 | -0.55% | -3003.94万 | -1.75% ...