Market Overview
On Monday, the market opened low and went low, the main indexes fell sharply, there were few red sector sectors, individual stocks rose less and fell more, and the market profit-making effect was very poor. Specifically, boosted by the news, driven by the changes in the agricultural sector and the safety of seeds, the sector formed continuity, which can be regarded as a relay to the rise in the early stage; The real estate sector fell sharply. After three days of adjustment, the real estate sector showed signs of weakness, and it was difficult for the relevant industrial chain to survive; The performance of infrastructure sector was acceptable. Although it was green, there was no panic; Baijiu and new energy sectors were down, Contemporary Amperex Technology Co.Limited(300750) fell sharply, and the North outflow of funds increased.
The market contraction fell, the medium-term downward trend did not change, it is not easy to guess the bottom, and pay attention to the time point of volume energy and positive line. First of all, at present, the external boots have landed, and the market has fallen for a long time to digest the adverse factors, so we need to actively return to the market itself; Secondly, China’s stable and moderate environment has not changed, but there is no further policy stimulus. We still need to wait and see the unexpected events happen; Third, there is no sign of stabilization at the technical level of the index. We should pay close attention to the emergence of high-volume positive line or moving average sideways, otherwise we should not be radical.
Policy tracking
China’s soda ash export is expected to exceed expectations
According to the financial Associated Press, China’s soda ash export volume from January to February 2022 was about 166000 tons, with a year-on-year increase of + 8.45%, of which the export volume to Southeast Asian countries increased significantly. Since 2022, China’s soda ash export volume has gradually increased.
The substantial increase in the cost of overseas soda ash is conducive to the competitiveness of China’s soda ash in the global market. With the vigorous development of the new energy industry, the demand for upstream raw materials is expanding. The new energy industry represented by photovoltaic power generation and electric vehicles has gradually become the main growth point of soda ash demand, and relevant concept stocks are expected to benefit.
