
With high oil and gas prices, coal chemical industry is expected to see profit release and upgrade opportunities, and petrochemical ETFs like ChinaAMC are likely to continue benefiting

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On April 20, 2026, the CSI Petrochemical Industry Index fell by 0.25%. The petrochemical ETF ChinaAMC fell by 0.20%, with the latest quote at 1.01 yuan. Oil and gas prices are running at high levels, and the profits from coal chemical industry are expected to be released rapidly, with 2026 anticipated to be a year of performance rebound for the coal chemical industry. The closure of the Strait of Hormuz will affect Iraq's crude oil exports, driving up the prices of chemical products. Founder Securities pointed out that coal, as a substitute demand, will see growth, and the optimization of the industrial chain efficiency and asset structure upgrades will accelerate

