The pesticide concept has seen a surge, with NORSYN hitting the daily limit, followed by SINO-AGRI UNION, CAC, XACIG, MBGF, and BaiAo Chemical rising as well

The pesticide concept experienced a volatile rebound, with MBGF hitting the limit up, and SHANSHUI TECH, Yingtai Biotechnology, Yangnong Chemical, LIANHE TECHNOLOGY, and SINO-AGRI UNION also rising

Debon Securities: The US EPA proposes to approve the product of glyphosate, which is expected to reverse at the bottom

Debon Securities released a research report indicating that the U.S. EPA proposed on July 23 to approve three products containing the herbicide glyphosate, and it is expected that the glyphosate demand market will reopen. The price of glyphosate has fallen to historical lows, providing significant room for price increases, and the profitability of related companies is notably elastic. The demand for glyphosate continues to grow in both traditional and genetically modified fields, especially with the promotion of glyphosate-resistant crops

The pesticide sector sees a short-term surge, RED SUN hits the limit up

The pesticide sector saw a short-term surge, with RED SUN hitting the limit up, and Greatchem, SINO-AGRI UNION, JSAC, Cynda, LIER CHEMICAL, and others all rising

SINO-AGRI UNION: The company does not produce chlorantraniliprole active ingredients and has a small amount of related formulations and other products for production and sales

On June 10th, SINO-AGRI UNION stated on the interactive platform that the company does not produce chlorantraniliprole active ingredients, and has a small amount of related formulations and other products for production and sales, which account for a relatively low proportion of the company's operating income