1. Brent crude exceeded US$100, New York Stock Exchange crude oil fell
Egyptian ** spread to the oil market, the tension in Egypt triggered the market's uneasiness in oil supply and transportation, and a new round of soaring international oil prices. On the evening of February 1, the Brent crude oil exchange settlement exceeded 100 US dollars per barrel for the first time since the end of September 2008, creating a 28-month high. On the New York Stock Exchange, crude oil prices fell by $88/barrel on February 7.
2. Droughts in eight provinces and cities have soared due to severe drought, driving pesticides and fertilizers to become hot spots in the market.
According to the Ministry of Agriculture's news on February 4, since last October 2010, precipitation in the northern winter wheat region has continued to be low, and parts of Shandong, Hebei and other regions have not been effective for more than three consecutive months, Hebei, Shanxi, Jiangsu, The droughts in parts of the eight provinces of Anhui, Shandong, Henan, Shaanxi, and Gansu have emerged and continued to develop. The drought occurred one month earlier than in 2008. The FAO Food and Agriculture Organization of the United Nations announced on February 3 that the food price index in January 2011 reached 231, the highest since the UN Food and Agriculture Organization created the food price index in 1990. The UN Food and Agriculture Organisation (FAO) economists said that food prices are rising. Several months will continue.
The rise in food prices has pushed pesticides and fertilizers into a hot spot in the market.
3. Huayang Technology will reorganize its assets and shareholders will change to mining companies
Zibo Hongda Mining Co., Ltd. won 31 million shares of Huayang Science & Technology Co., Ltd. held by Shandong Huayang Pesticide Chemical Industry Group Co., Ltd. through public auction, accounting for 20.38% of the total share capital of Huayang Science and Technology, becoming the largest shareholder of Huayang Technology. On February 1, 2011, we received a notice from Zibo Hongda Mining Co., Ltd. Zibo Hongda Mining Co., Ltd. is discussing with major parties on the major assets reorganization of Huayang Technology. Due to the significant uncertainty in this matter, we have to avoid The stock price changed to protect the interests of investors. The special application for company stocks was suspended for five consecutive days from February 9, 2011, and the results of the planning discussions were disclosed within five trading days in accordance with relevant regulations.
Zibo Hongda Mining successively obtained controlling shares or equity in five iron ore mines such as Dongping and Jinding by way of purchases, shares, etc., and has a domestic reserve of nearly 200 million tons of iron ore resources. Since 2008, Zibo Hongda Mining has been actively seeking overseas iron ore resources. In 2008, it successfully developed an iron ore mine with a reserve of 8 million tons in the Philippines and is now producing normally. In May 2009, it purchased iron ore reserves from Peru. 2 billion tons of iron ore with associated copper ore. There is an expectation of asset restructuring in the future.
4.ST Guanghua's cumulative increase reached 15%
*ST Guanghua 000703 stocks reached the limit price limit for three consecutive trading days on January 28, January 31, and February 1, 2011, and are subject to the relevant regulations of the "Stock Exchange Listing Rules of Shenzhen Stock Exchange." Abnormal fluctuations in trading.