[daily market conditions]
Today, the Shanghai stock index fell 1.42% to close at 323670 points; Shenzhen composite index closed at 1197202 points, down 1.65%; The gem index closed at 257853 points, down 2.10%. In terms of sectors, fertilizer industry, cement building materials and coal industry led the rise, while real estate development, Internet services and electronic chemicals fell. In terms of capital flow, fertilizer industry, wine making industry and coal industry were the main net inflow. Today, the total turnover of the two cities was 923228 billion yuan.
[investment suggestions]
In terms of configuration, we think we can pay attention to the investment opportunities related to the price rise of carbon black.
According to the business news agency, the average market price of carbon black has risen sharply since late March. Coal tar fluctuated higher, epidemic prevention and control led to a significant increase in transportation costs, and the cost pressure of carbon black continued to increase. In addition, carbon black enterprises experienced a series of external factors in the first quarter, and the industry started hovering around half for a long time. Although it increased to 55.5% last week, under the current epidemic conditions in China, the continuous improvement is expected to be limited, and the supply is relatively low compared with the normal level. At present, the carbon black demand side support still exists, and it is expected that the carbon black price will continue to move towards a high level in the short term.
