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As of publication, the pesticide stock market has experienced a partial rebound, notably with Guangkang Biochemical recording two consecutive days of 20CM gains. Prior to this, Lianhua Technology also posted two straight gains, while shares of Xianda Stocks, Yaben Chemistry, Xinnong Stocks, and Yingtai Biology surged upwards. This trend is intrinsically linked to a recent development: On May 27, Shandong Youdao Chemistry, the globe's leading producer of chlorantraniliprole technical, encountered an explosion accident. Given the company's significant share of domestic chlorantraniliprole technical production capacity, this incident is likely to affect market supply, consequently sparking fluctuations in the share prices of associated pesticide stocks.
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