Global phosphorus supply chain restructuring! The index tracked by Chemicals ETF Tianhong (159133) surged another 3%, continuing its strong inflow of funds for the 34th consecutive day.

Gelonghui, February 25th | The phosphorus chemical industry sector continued its strong performance from the previous day. Chengxing Co., Ltd. achieved two consecutive trading limit-ups, while Hebang Biotech, Kingenta Ecological Engineering Group, LiuGuo Chemical, Chuangjinuo, and Yuntianhua also rose, driving the underlying index of Tianhong Chemical ETF (159133) up by another 3%, with cumulative gains exceeding 6% over two days. The fund received a net subscription of 6 million units during the trading session and has recorded continuous net inflows for 34 days, totaling 2.02 billion yuan. As the 'mother of all industries' in large-scale manufacturing, the chemical sector covers various aspects of clothing, food, housing, transportation, and entertainment. Investors are encouraged to seize investment opportunities amid the upward cycle of the chemical industry. The Tianhong Chemical ETF (159133) tracks an index that includes fifty stocks with significant scale and strong liquidity within the chemical industry. These companies have a broad distribution of market capitalization, high industry concentration, and valuations still at historically low levels. With the deepening of anti-internal competition policies, supply and demand dynamics are expected to improve continuously. Coupled with technological advancements and overseas expansion by enterprises, the allocation value is becoming increasingly prominent. Investors can access overall opportunities in the chemical sector through the Tianhong Chemical ETF (159133) and its linked fund (Class C: 015897). News highlights: ① The United States announced the inclusion of elemental phosphorus and key herbicides such as glyphosate into its list of critical defense materials. In November last year, the U.S. Department of the Interior and USGS newly added phosphate to the list of critical minerals, triggering a restructuring of the global phosphorus supply chain and pushing international phosphate fertilizer prices above $700 per ton. ② According to data from the National Bureau of Statistics, as of February 10, the market price of urea (small granules) was 1,783.8 yuan per ton, marking an increase of over 5% compared to the same period last year, reflecting a general uptrend in the domestic fertilizer market. ③ Zhejiang Longsheng announced an additional price increase for disperse dyes effective February 24. Among these, the price of Disperse Black was raised by 2,000 yuan per ton.