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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.
Revenues Tell The Story For Ko Yo Chemical (Group) Limited (HKG:827) As Its Stock Soars 44%
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.
ko yo group [00827] is now reported at HKD 0.053, with a decrease of 10.17%.
As of 09:36, Ko Yo Group [00827] reported 0.053 Hong Kong dollars, a decrease of 0.006 Hong Kong dollars or 10.17% from the closing price of 0.059 Hong Kong dollars yesterday. The turnover is 0.0011 million Hong Kong dollars, with today's highest price at 0.056 Hong Kong dollars and the lowest price at 0.053 Hong Kong dollars. Based on the closing price yesterday, the 10-day average price is 0.08 Hong Kong dollars, and the 50-day average price is 0.07 Hong Kong dollars. The current PE ratio is -2.87 times, and the 14-day relative strength index is 56.92.
KO YO GROUP: 2024 Interim Report
KO YO GROUP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
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