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Sinofert Shareholders to Vote Dec. 30 on Contract Renewal
Sinofert Holdings Announces Register Closure for SGM
Sinofert Holdings Secures Key Trade Agreements
Sinofert (00297.HK) has entered into an agricultural products purchase and sales agreement with China National Chemical Corporation.
On December 2, Glonghui announced that sinofert (00297.HK) signed a framework agreement for the purchase and sale of agriculture-related products with China Sinochem, effective December 2, 2024. According to this agreement, from January 1, 2025, to December 31, 2027 (inclusive of both start and end dates), sinofert will continue to procure and/or sell agriculture-related products (including fertilizers, pesticides, and seeds) to the subsidiaries of China Sinochem within china. The company and sinofert have signed a framework agreement for fertilizer imports, effective from January 1, 2025, to December 31, 2027 (inclusive).
Citic sec: Global demand remains strong, and the leading potash fertilizer producer's production cut may raise prices.
Citic sec predicts that the supply and demand for global potassium fertilizer will be tight in 2025, and potassium fertilizer prices are expected to rebound from the bottom.
Nutrien Ltd. reduced its shareholding in sinofert (00297) by 5.304 million shares at an approximate price of 1.14 Hong Kong dollars per share.
On November 13, Nutrien Ltd. reduced its shareholding of Sinofert (00297) by 5.304 million shares, at a price of 1.1443 Hong Kong dollars per share, for a total amount of approximately 6.0694 million Hong Kong dollars.
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