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Chinese starch sales are up 4.69% in the afternoon

Source: Internet
Author: User
Keywords Ideal Hong Kong dollar starch
Tags company company chairman compared compared to the economy high media recovery
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Chinese starch rose 4.69% in the afternoon of 1st to HK $0.67; The chairman of the company said that 1-May sales were more favourable than expected. China Starch (03838) June 1 high Concussion, the afternoon is up 4.69%,　　At HK $0.67, the media quoted the company chairman, Tian Qixiang, after attending the shareholder meeting, saying that as the Chinese economy emerged from the shadow, the road to recovery, the company 1-May production and sales are much better than the end of 08, sales more than expected, especially in May, the yield of lysine and corn have a significant increase, so the annual results in 09 optimistic. He also pointed out that 1-May corn prices were lower than 08, about 1600 yuan per ton (including tax), but the company cost also fell, the price is lower than the first half of 08, but slightly higher than the second half of 08.

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