The surge in fertilizer prices may drive up global food prices, and the food and beverage ETF Tianhong (159736) saw its underlying index close in the green against the market trend last Friday, with a net inflow of over 7 million yuan in the past 10 days
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On March 13th, the three major A-share indices fell, but the food and beverage sector rose against the trend, with the CSI Food and Beverage Index increasing by 0.62%. The Tianhong Food and Beverage ETF (159736) had a trading volume exceeding 31 million yuan, with a net inflow of over 7 million yuan in the past 10 days. Due to the instability of the international situation, the surge in fertilizer prices may drive up global food prices, and experts warn that this will create inflationary pressure on the U.S. economy. Guosheng Securities and Zhongyuan Securities recommend paying attention to investment opportunities in the upstream of the food and beverage industry chain
Source: 腾讯新闻 - 财经 The copyright of this article belongs to the original author/organization.
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