The concept of chemical fertilizer rises against the trend, Jinzhengda's stock hits limit up for two consecutive days.

In the afternoon, the concept of fertilizer continued to rise against the trend, with Jinzhengda hitting the limit for 3 days in 2 days. Previously, Chitianhua had risen for 15 days in 7 days, followed by Lutianhua, Nongda Technology, Chuanjinuo, and Fubang Technology. On the news front, Huaxin Securities pointed out that the situation in the Hormuz Strait continues to ferment, with nearly 1/3 of global urea and 44% of sulfur exports blocked, leading to a continuous increase in international fertilizer prices in the past two weeks. The soaring natural gas prices have pushed up the cost of urea, while the high-level fluctuations in sulfur have driven the cost of phosphate fertilizer.