Chinese agricultural biotechnology companies spike on new potash bill

|By:, SA News Editor

Origin Agritech  (SEED +23.9%) and Agria (GRO +15.5%) shares spike after reports surface that China's Ministry of Agriculture has approved a new potash bill which is being perceived as a boon for agricultural biotech companies.

Tianli Agritech (OINK +3.4%) is up as well but lagging the pack.