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China Green Agriculture Inks Sales Pact With Nestle China – Stock Gains 11%

May 12, 2014 By Christina Langfold Leave a Comment

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Shares of China Green Agriculture (CGA) rose nearly 11%, reversing direction after hitting a 52-week low, following a company announcement that it had signed a joint sales program with Nestle China to supply coffee bean farmers in China with fertilizer. 

China Green said the company would provide its fertilizers to certified coffee bean farmers who sell their beans to Nestle. 

The fertilizer company said coffee bean farmers would be able to get a better price for China Green products by dealing with the company directly rather than by purchasing from existing distributors. 

In mid-day trade, CGA was up 10.77% to $2.88, after hitting a 52-week low of $2.56 earlier in the session. 

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Christina Langfold

Remember that weird girl in school who never quite managed to fit in? Who was always silent and strange? That was me during my entire teenage life. A few years after finishing college (with a degree in arts) I decided that the best way to become more sociable, while also feeling safe, is to test my people skills online.

Latest posts by Christina Langfold (see all)

  • Scientists Discover the Second Fastest Spinning Pulsar In The Universe - Sep 9, 2017
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Filed Under: Company News & Financials, Micro Cap, Mid Cap, OTC Exchange, OTC Markets, OTC Research, Small Cap, Uncategorized Tagged With: CGA, China, China Green Agriculture, fertilizer, Green products

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