--- title: "The chemical ETF Penghua is actively traded, with institutions stating that the advantages of lithium batteries are highlighted under the global energy crisis" type: "News" locale: "en" url: "https://longbridge.com/en/news/281118064.md" description: "Today, the lithium battery sector adjusted, with institutions pointing out that market news has emerged suggesting that futures prices are controlled around 170,000, and that diesel supply in Australia is sufficient. Salt Lake's Q4 performance was below expectations, dragging down the sector. Institutions emphasized that the advantages of lithium batteries are highlighted amid the global energy crisis, recommending attention to the strong growth in demand for electric vehicles and energy storage. The latest quote for the Penghua Chemical ETF is 0.87 yuan, closely tracking the CSI Subdivision Chemical Industry Theme Index, with the top ten weighted stocks accounting for a total of 45.18%" datetime: "2026-03-31T03:29:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281118064.md) - [en](https://longbridge.com/en/news/281118064.md) - [zh-HK](https://longbridge.com/zh-HK/news/281118064.md) --- # The chemical ETF Penghua is actively traded, with institutions stating that the advantages of lithium batteries are highlighted under the global energy crisis Today, the lithium battery sector adjusted during trading. Institutions pointed out: 1) There are market rumors about guiding futures prices, controlling them around 170,000; 2) The news from yesterday's closing that Australia does not lack diesel is fermenting; 3) Salt Lake's Q4 performance is below the median guidance, dragging down the sector. Institutions emphasized that strong demand + continuous improvement in profitability highlights advantages under the global energy crisis, and suggested continued attention: 1. On the demand side, the increase in battery capacity per vehicle + exports exceeding expectations, with demand for power batteries better than expected. In January-February, electric vehicle exports reached 580,000 units, a year-on-year increase of 108%, far better than the previous 50% expectation. Against the backdrop of rising oil prices, export demand is expected to continue to exceed expectations. 2. On the demand side, energy storage continues to operate at full capacity, and the price increase of lithium carbonate has been digested. In January-February, domestic energy storage bidding increased by 50-60% year-on-year, and capacity electricity prices are being introduced in various regions, which is expected to accelerate, maintaining the expectation of 1,000 GWh global energy storage demand in 2026, a growth of 60%. 3. On the supply side: production stoppages and maintenance, the industry is actively destocking, in a tight balance state. As of March 31, 2026, 11:04, the CSI Subdivision Chemical Industry Theme Index (000813) component stocks showed mixed performance, with Guangwei Composite Materials leading with a rise of 3.36%, Hongda Co., Ltd. up 2.02%, and Ruifeng New Materials up 1.74%; Salt Lake Co., Ltd. led the decline. The latest quote for the Penghua Chemical ETF (159870) is 0.87 yuan. The Penghua Chemical ETF closely tracks the CSI Subdivision Chemical Industry Theme Index. The CSI Subdivision Industry Theme Index series consists of 7 indices, including subdivided non-ferrous and subdivided machinery, selecting larger and more liquid listed company securities from related subdivisions as index samples to reflect the overall performance of listed company securities in related subdivisions. Data shows that as of February 27, 2026, the top ten weighted stocks in the CSI Subdivision Chemical Industry Theme Index (000813) are Wanhua Chemical, Salt Lake Co., Ltd., Cangge Mining, Tianci Materials, Hualu Hengsheng, Yuntianhua, Juhua Co., Ltd., Hengli Petrochemical, Baofeng Energy, and Rongsheng Petrochemical, with the top ten weighted stocks accounting for a total of 45.18%. The Penghua Chemical ETF (159870) has off-market connections (A: 014942; C: 014943; I: 022792) ### Related Stocks - [000813.CN](https://longbridge.com/en/quote/000813.CN.md) - [000792.CN](https://longbridge.com/en/quote/000792.CN.md) - [159129.CN](https://longbridge.com/en/quote/159129.CN.md) - [159133.CN](https://longbridge.com/en/quote/159133.CN.md) - [516220.CN](https://longbridge.com/en/quote/516220.CN.md) - [159870.CN](https://longbridge.com/en/quote/159870.CN.md) ## Related News & Research - [Sinopec refinery utilisation drops, but chemical exports rise due to Iran war](https://longbridge.com/en/news/284489804.md) - [Asia Naphtha/Gasoline-Naphtha prices rises, IOC offers May supply](https://longbridge.com/en/news/284372067.md) - [Japan March industrial output falls 0.5% as Hormuz closure hits chemicals and fuels](https://longbridge.com/en/news/284667760.md) - [Akzo Nobel (OTCMKTS:AKZOD) Shares Down 1.5% - Here's Why](https://longbridge.com/en/news/284691912.md) - [Goldwind Launches New A-Share Buyback Plan Worth Up to RMB500 Million](https://longbridge.com/en/news/284564086.md)