Pesticides and fertilizer sectors continue to strengthen, with Hubei Yihua hitting the daily limit in the afternoon. Chengxing Shares, Chuanfa Longmang, Chitianhua, and Jinjingda previously hit the daily limit, while Yuntianhua, Chuanjinnuo, and Yangnong Chemical saw significant gains. On the news front, since January, the domestic urea spot market has risen across the board, with prices in all major production areas increasing by 5–20 yuan/ton, providing support for the sector. As of February 11, the average market price of urea in Shandong was 1,790 yuan/ton, up 3.77% from the beginning of the year.
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Pesticides and fertilizer sectors continue to strengthen, Hubei Yihua hits the daily limit in the afternoon
Pesticides and fertilizer sectors continue to strengthen, with Hubei Yihua hitting the daily limit in the afternoon. Chengxing Shares, Chuanfa Longmang, Chitianhua, and Jinjingda previously hit the daily limit, while Yuntianhua, Chuanjinnuo, and Yangnong Chemical saw significant gains. On the news front, since January, the domestic urea spot market has risen across the board, with prices in all major production areas increasing by 5–20 yuan/ton, providing support for the sector. As of February 11, the average market price of urea in Shandong was 1,790 yuan/ton, up 3.77% from the beginning of the year.