HK Stock Market Move | CHINA XLX FERT(01866) rose more than 11% in the afternoon, impacting multiple international fertilizer producers. The company is a leading player in the domestic nitrogen fertilizer industry.

China XLX FERT (01866) further expanded its gains in the afternoon, rising by 9.43% to HK$12.07 as of the time of writing, with trading volume in Hong Kong dollars. On the news front, the supply of LNG has impacted the fertilizer industry. Qatar's state energy company announced earlier that its facility in Ras Laffan has completely stopped production of sulfur, ammonia, and urea after being hit by drone attacks. Iran has also taken all its ammonia production capacity offline, and other producers in the region are considering production cuts due to ships being unable to pass through the Strait of Hormuz. Indian farmers' fertilizer cooperatives and other producers have started reducing production in some urea factories. Public information shows that Xinlianxin Fertilizer is a leading urea enterprise in terms of scale and unit product profitability in China. It is a top player in the domestic nitrogen fertilizer industry, with the highest urea production volume nationwide and leading sales volume of compound fertilizers. By 2024, the company's urea production capacity will reach 3.9 million tons, while compound fertilizer sales volume is expected to be around 2.3 million tons. In the first three quarters of 2025, these two major products contributed 25.3% and 58% of the company's total income, totaling over 50%.