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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.
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: INTERIM REPORT 2024
The performance of Sunshine Century (00509.HK) narrowed its half-year loss to HKD 79.404 million.
Sunshine Century (00509.HK) announced its interim performance as of the end of June this year, with revenue of 0.136 billion yuan, a year-on-year increase of 11.4%. The loss narrowed to 79.404 million yuan, compared to a loss of 0.225 billion yuan in the same period last year; loss per share was 1.73 cents. No dividend will be distributed.
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