--- title: "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" type: "News" locale: "en" url: "https://longbridge.com/en/news/279184144.md" description: "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" datetime: "2026-03-16T01:19:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279184144.md) - [en](https://longbridge.com/en/news/279184144.md) - [zh-HK](https://longbridge.com/zh-HK/news/279184144.md) --- # 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 On March 13, the three major A-share indices continued to decline in the afternoon, closing collectively lower, while the food and beverage sector was active against the trend. **The CSI Food and Beverage Index rose by 0.62%.** Among the constituent stocks, Yongshuntai and Sanyuan shares rose over 4%, while Jinlongyu and Chongqing Beer rose over 3%, with Luzhou Laojiao and Haitian Flavoring also following suit. In related ETFs, **the Tianhong Food and Beverage ETF (159736) had a total trading volume exceeding 31 million yuan on March 13, significantly increasing compared to previous days. Wind data shows that this ETF had a net subscription of 4 million shares on that day.** Looking at a longer time frame, as of March 12, **the Tianhong Food and Beverage ETF (159736) had a cumulative net inflow of over 7 million yuan in the past 10 days.** **The Tianhong Food and Beverage ETF (159736, OTC Class C 001632)** tracks the CSI Food and Beverage Index, focusing on leading stocks in high-end and sub-high-end liquor, while also considering leading stocks in sub-sectors such as beverages, dairy, seasonings, and beer. The top ten weighted stocks include "Mao Wuliang," Yili, and Haitian. On the news front, according to Caixin, with the ongoing conflict between the U.S. and Iran and the disruption of shipping in the Strait of Hormuz, not only is crude oil trade severely affected, but **the circulation of key fertilizer products has also almost completely stalled, leading to soaring prices, which could result in another serious blow to inflation, thereby driving up global food prices.** Industry experts warn that rising prices of key agricultural inputs such as fertilizers may bring significant inflationary pressure to the U.S. economy. **Guosheng Securities** pointed out that the recent instability in the international situation and the obstruction of shipping in the Strait of Hormuz have pushed up prices of crude oil, natural gas, and corn. If the strait remains blocked, it could lead to an increase in CPI, driving up prices of essential goods such as dairy products. **Zhongyuan Securities** suggests paying attention to investment opportunities in stocks that are close to the upstream of the food and beverage industry chain and operate in bulk raw materials. As global inflation rises, investment opportunities in the industry chain will shift from crude oil and chemicals to agricultural products, thus recommending attention to stocks whose main products are close to upstream and can benefit from inflation. ### Related Stocks - [515710.CN](https://longbridge.com/en/quote/515710.CN.md) - [159736.CN](https://longbridge.com/en/quote/159736.CN.md) - [516170.CN](https://longbridge.com/en/quote/516170.CN.md) - [515170.CN](https://longbridge.com/en/quote/515170.CN.md) ## Related News & Research - [ZAWYA: Hany Arram during his participation in the 9th edition of “The Marketers League” at the Grand Egyptian Museum](https://longbridge.com/en/news/286071699.md) - [UK Retailers Push Back After Report Treasury Sought Grocery Price Caps](https://longbridge.com/en/news/286973839.md) - [Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough](https://longbridge.com/en/news/286668283.md) - [Food prices surge as CEOs warn of ongoing supply pressures](https://longbridge.com/en/news/286765805.md) - [Iran conflict fuels worst US farm crisis in decades](https://longbridge.com/en/news/286673097.md)