MGM Resorts International (09879) rebounded by more than 4%, rising 4.17% to HKD 6.25 with a turnover of HKD 0.103 billion at the time of publication.
According to the Smart Finance app, MGM Resorts International (09879) rebounded by over 4%, rising 4.17% to HKD 6.25 at the time of publication with a turnover of HKD 0.103 billion.
On July 9th, the China Potash Import Negotiation Team (Sinochem, Cofco, China National Chemical Corporation) reached an agreement with Food Safety Supply Chain Co., Ltd. (Dubai) on the 2024 annual potash import contract price, which was set at USD 273/ton CFR, down USD 34/ton from the previous year, maintaining the world's 'price hole' and benchmark position for potash.
CITIC Securities released a research report stating that the bottom range of global potash prices is expected to be clearer in 2024. On the demand side, grain prices are low and there is room for further increase in the future. On the supply side, it is expected to be a low-capacity release phase from 2024 to 2026.