--- title: "The Penghua CSI Subdivision Chemical Industry Theme ETF's increase has expanded to 3.2%, with improved economic conditions and a significant profit increase expected to arrive ahead of schedule" type: "News" locale: "en" url: "https://longbridge.com/en/news/281839475.md" description: "The Penghua CSI Subdivision Chemical Industry Theme ETF rose by 3.2%, influenced by the Middle East war, which has led to a reduction in supply in the chemical industry, with production cuts expected to reach 10%. The war has caused an upturn in the chemical industry's prosperity, with profits increasing ahead of schedule. Institutions recommend a medium to long-term layout of quality chemical enterprises, maintaining a positive outlook on the industry's upward trend. The CSI Subdivision Chemical Industry Theme Index rose by 3.26%, with constituent stocks performing strongly. The Penghua CSI Subdivision Chemical Industry Theme ETF closely tracks this index, with the latest price reported at 0.88 yuan" datetime: "2026-04-07T06:39:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281839475.md) - [en](https://longbridge.com/en/news/281839475.md) - [zh-HK](https://longbridge.com/zh-HK/news/281839475.md) --- # The Penghua CSI Subdivision Chemical Industry Theme ETF's increase has expanded to 3.2%, with improved economic conditions and a significant profit increase expected to arrive ahead of schedule The chemical industry saw a significant rise today, with institutions pointing out that the Middle East war has a considerable and prolonged impact on chemical supply. On one hand, there are localized interruptions in oil and gas supply, forcing domestic and foreign chemical companies to reduce production, expected to reach 10%; in the medium to long term, high oil prices are likely to accelerate the exit of foreign capital. On the other hand, there is a trend of escalation in the war, with both sides attacking each other's civilian facilities, which includes some petrochemical and chemical installations in the Middle East, further affecting the supply of raw materials and products such as olefins, aromatics, and methanol. Even if the war ends, it will take a long time to recover. The Middle East events have reduced part of the supply, while demand is only slightly weak, leading to a significant upturn in the chemical industry. The war has brought forward the boom, with increased profits arriving ahead of schedule. Institutions emphasize that the market has recently seen a pullback in chemicals due to economic concerns, with some reactions being excessive. The year 2026 is seen as the turning point for the chemical industry; currently, the chemical sector is strong in reality but weak in expectations. The Middle East events present a good opportunity for a new round of rise in China's chemical industry. It is recommended to increase investments in quality chemical companies from the medium to long term. The industry trend is expected to continue upward in the medium to long term, with each pullback being a good opportunity to increase positions. As of April 7, 2026, 14:03, the CSI Subdivision Chemical Industry Theme Index (000813) surged by 3.26%, with constituent stocks such as Hengyi Petrochemical rising by 10.02%, Shengquan Group by 9.99%, Luxi Chemical by 9.97%, and stocks like Hualu Hengsheng and Satellite Chemical also following suit. The chemical ETF Penghua (159870) rose by 3.28%, with the latest price reported at 0.88 yuan. The chemical ETF Penghua closely tracks the CSI Subdivision Chemical Industry Theme Index, which is part of a series of subdivision industry theme indices composed of seven indices, including subdivision non-ferrous and subdivision machinery. These indices select larger and more liquid listed company securities from the relevant subdivision industries as index samples to reflect the overall performance of the listed company securities in the related subdivision industries. Data shows that as of March 31, 2026, the top ten weighted stocks in the CSI Subdivision Chemical Industry Theme Index (000813) are Wanhua Chemical, Salt Lake Industry, Tianci Materials, Baofeng Energy, Zangge Mining, Hualu Hengsheng, Satellite Chemical, Juhua Co., Hengli Petrochemical, and Yuntianhua, with the top ten weighted stocks accounting for a total of 46.51%. The chemical ETF Penghua (159870) has off-market connections (A: 014942; C: 014943; I: 022792) ### Related Stocks - [159870.CN](https://longbridge.com/en/quote/159870.CN.md) - [000813.CN](https://longbridge.com/en/quote/000813.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) - [BondBloxx Announces Upcoming Changes to its ETF Lineup | PCMM Stock News](https://longbridge.com/en/news/284637908.md) - [This High-Yield ETF Could Be Perfect for Income-Focused Investors](https://longbridge.com/en/news/284213311.md) - [Thai economy expands in Q1 but set to slow due to Middle East war, central bank says](https://longbridge.com/en/news/284729222.md)