
The petrochemical industry index slightly declined, focusing on low-fee chemical industry ETF E Fund (516570) layout opportunities

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As of the close, the CSI Petrochemical Industry Index fell by 0.3%. The management fee rate for the chemical industry ETF E Fund (516570) is 0.15% per year, the lowest in the market. Bank of China Securities pointed out that the situation in the Middle East is pushing up oil prices in the short term, affecting the cost of chemical products; in the long term, policy improvements will enhance supply and demand, leading to an increase in market share for leading enterprises, and profitability is expected to recover

