SINOFERT (00297) rose more than 4%. As of the time of writing, the stock was up 4.57% to HK$1.83, with a turnover of HK$85.3784 million. On the news front, according to an update on SINOFERT's official WeChat account, a key potash fertilizer supply-demand coordination meeting was held on January 27th. Guided by relevant national departments and organized by industry associations including the China Agricultural Means of Production Circulation Association, the meeting brought together major potash suppliers, compound fertilizer producers, and potassium sulfate manufacturers via the national agricultural supply platform. The objective was to facilitate the signing of annual long-term agreements between upstream and downstream players in the potash fertilizer industry chain to stabilize supply and demand relations. During the meeting, representatives from 11 major potash fertilizer supply enterprises pledged to actively sell their products to meet downstream demand. Supply and demand participants engaged in on-site negotiations to clarify their intentions for annual long-term agreements.
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