As of 10:57 AM on November 18, the Chemical ETF (516020) showed weak performance, with its price declining by 3.1% and a trading volume of 117 million yuan.
Among its constituent stocks, Shenzhen Capchem Technology Co., Ltd., Do-Fluoride New Materials Co., Ltd., and Guangzhou Tinci Materials Technology Co., Ltd. were the weakest performers, dropping by 9.41%, 9.32%, and 9.27%, respectively. On the other hand, Guangdong Hongda Holdings Group Co., Ltd., BlueStar New Materials Technology Co., Ltd., and Red Avenue New Materials Group Co., Ltd. performed relatively better, rising by 0.36%, 0.29%, and 0.08%, respectively.
In industry news, Wanhua Chemical Group Co., Ltd. recently completed the capacity expansion of its MDI technical renovation project in Fujian Industrial Park, increasing annual production to 1.5 million tons, further solidifying its global leadership in the polyurethane sector. Additionally, Juhua Group continues to advance its digital transformation under the "Three Zeros" initiative, enhancing safety, environmental protection, and energy efficiency through a unified data platform to strengthen its competitiveness in the fluorochemical industry chain.
Shenwan Hongyuan Securities pointed out that structural opportunities exist in the basic chemical and chemical products sectors. The caprolactam industry has coordinated a 20% production cut and raised prices, while the National Development and Reform Commission has tightened controls on new capacity, improving supply-demand dynamics. Urea export quotas have been implemented, with strong cost support. Prices in the pyrethroid industry chain are rising, and the Q1 2026 pesticide season is expected to drive price elasticity. The sector maintains an "optimistic" rating, with recommendations to focus on sub-sectors such as textile and agrochemical chains.
The Chemical ETF (516020) and its feeder funds (Feeder A: 012537, Feeder C: 012538) passively track the Sub-Index of the Chemical Industry, whose top ten holdings include Wanhua Chemical Group Co., Ltd., Qinghai Salt Lake Industry Co., Ltd., Guangzhou Tinci Materials Technology Co., Ltd., Juhua Co., Ltd., Tibet Summit Resources Co., Ltd., Kingfa Sci. & Tech. Co., Ltd., Ningxia Baofeng Energy Group Co., Ltd., Shandong Hualu-Hengsheng Chemical Co., Ltd., Hengli Petrochemical Co., Ltd., and Yunnan Yuntianhua Co., Ltd.
Data sources include the Shanghai and Shenzhen stock exchanges and public disclosures.
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MACD golden cross signals have formed, with some stocks showing strong upward momentum.
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