金吾财讯 | 华泰证券表示，目前市场对国内化工品出口伴随下游出口的拆分和研究较少，本篇报告对C2~C4、化纤印染、塑料橡胶、聚氨酯、氯碱、化肥、食饲药添加剂等子行业多个代表性产品出口敞口进行估算和分析，对于化工出口的研究具有一定的前瞻性。该行认为出口已成为中国化工品重要增长引擎，尤其针对亚非拉国家（地区）的出口，考虑到亚非拉国家（地区）制造业整体仍不具备优势，该行认为未来该类地区的经济发展有望持续助力中国高性价比化工品的增量需求。同时考虑内需端地产、消费等政策有望持续发力，叠加化工品新产能周期接近尾声及企业自主调整等助力，该行认为本轮化工周期品复苏将具备供需面共同支撑。具备全球优势的化工企业在行业景气触底后将迎来重估。
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