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Sinolink: Potash fertilizer supply is expected to be jointly controlled, and resource prices are expected to provide support.
Only 11 companies have a potassium chloride production capacity exceeding 2 million tons, mainly concentrated in Canada nutrien, Belarus Belaruskali, Russia Uralkali, and the usa Mosaic, with a combined production capacity accounting for 67.26% of the industry, high industry concentration.
Subdued Growth No Barrier To Century Sunshine Group Holdings Limited (HKG:509) With Shares Advancing 127%
CICC: Global potassium fertilizer production capacity is limited, bullish on the industry's outlook.
In 2024, the contract price for imported potash fertilizer is CFR $273 per ton, and the corresponding domestic market price including taxes is estimated to be around 2,300 yuan per ton. Considering the support role of the contract price of potash fertilizer and the subsequent gradual entry into the peak season for fertilizer use, I am bullish on the maintenance of a prosperous domestic potash fertilizer price.
Sunshine (00509): Sheng Hong resigns as independent non-executive director.
Sunshine (00509) has announced that Sheng Hong has resigned from his position as an independent non-executive director, member of the audit committee, remuneration...
Century Sunshine Group H1 Loss Shrinks; Stocks Fall 15%
Sunshine [00509] is now trading at HKD 0.111, a decrease of 14.62%.
As of 09:35, Sunshine [00509] reported HKD 0.111, a decrease of HKD 0.019 or 14.62% from the closing price of HKD 0.13 yesterday. The transaction amount is HKD 0.0011 million. The highest price today is HKD 0.111, and the lowest price is HKD 0.111. Based on the closing price yesterday, the 10-day average price is HKD 0.01, and the 50-day average price is HKD 0.01. The current PE ratio is -0.23 times, and the 14-day relative strength index is 55.56.
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