Come on holidays, the performance of the food and beverage sector is expected!Food ETF (159862) rises strongly

On August 31, the food and beverage sector rose against the market.Gujing Gongjiu led the rise, Shanxi Fenjiu and Luzhou Laojiao rose before, and Food ETF (159862) tracked the theme index of the food and beverage industry of CSI.%.

CITIC Construction Investment Securities stated that the early food and beverage sector was subject to logistics, rising costs and public health prevention and control scenarios are restricted by triple pressure.Falling, palm oil, soybeans, wheat and other agricultural products, as well as aluminum, PET and other packaging materials showing signs of decline.Basically, the extreme situation of the early suppression of the food and beverage sector will not be reproduced. In the future, as the demand gradually improves, the cost will fall, and the food and beverage sector will usher in significant restoration in the second half of the year, and the elasticity of profit is expected to be released.Based on the cost structure, the preliminary price lifting range, and the competitive pattern, liquor, condiments, baking, beer, halogen and functional beverages have high elasticity, and it is expected to recover at the end of the year.

- END -