Thursday, April 28, 2011

China Minzhong/Sino Grandness

China Minzhong/Sino Grandness: The Chinese govt has launched an emergency program to protect farmers halt produce price slump & stabilize the market after a large harvest brought down vegetable prices in many areas of China, causing huge losses for farmers. Veg prices plunged 9.8% from Apr 11-17. This sharp decline in veg prices may place a dampener on China-based agri stocks such as China Minzhong & Sino Grandness...

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