Upstream chemical product prices are expected to enter a cyclical upward phase, and the chemical ETF Harvest focuses on the new round of prosperity cycle against the backdrop of "anti-involution" in the industry

On April 8, 2026, the chemical raw materials and chemical products sector performed actively, with the Harvest CSI Chemicals Sub-industry Index rising by 1.62%. Due to the impact of the Middle East conflict, the Jubail Industrial City in Saudi Arabia was hit, leading to instability in the supply of petrochemical products. Guojin Securities pointed out that the main theme of the chemical supply chain is shifting towards a supply recovery cycle, and inventory fluctuations and the stabilization of the industrial chain will continue to affect the market. Great Wall Securities stated that since the third quarter of 2025, the chemical industry has entered a recovery cycle, with upstream chemical prices expected to rise and the PPI index likely to recover. The chemical ETF closely tracks this index and focuses on investment opportunities