[Asia Economy Reporter Geum Bo-ryeong] As the monsoon season prolongs, pesticide and fertilizer-related stocks have continued to rise on the 10th.
As of 2:25 PM on the same day, pesticide manufacturer Kyungnong recorded 18,100 KRW, up 13.84% (2,200 KRW) from the previous close. At the same time, Jobi rose 8.1% (2,000 KRW) to 26,700 KRW, and Dongbang Agro increased 4.27% (290 KRW) to 7,080 KRW.
Heavy rains increase the risk of damage to crops, making pesticide and fertilizer-related companies representative beneficiaries.
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