HCMC – PetroVietnam Ca Mau Fertilizer Joint Stock Company (HOSE: DCM) exported its first fertilizer shipment totaling 40,000 tons to the United States in February 2026, marking its entry into one of the world’s largest fertilizer markets.
The shipment was part of the company’s export strategy in the first quarter of this year, when domestic fertilizer demand typically slows after the Lunar New Year holiday. The company stepped up exports to capitalize on favorable global fertilizer prices, reduce domestic inventory and improve business efficiency.
In the first quarter, the company exported a total of 150,000 tons of fertilizer, up 25% year-on-year. The 40,000-ton shipment to the U.S. in February was its first to that market, which has stringent technical and quality standards.
The U.S. market has been considered challenging for Asian fertilizer producers due to geographical distance and competition from suppliers in North Africa and the Middle East. The company said the shipment reflects its preparation in product quality, logistics capacity and compliance with technical standards.
Closing the trading session today, February 24, the DCM share price surged 5% to VND42,000, with 6,701,000 shares changing hands, bringing the company’s market capitalization to VND22,234.80 billion.
The VN-Index rose 7.48 points, or 0.4%, to 1,867.62 points, with 187 gainers and 142 decliners. Total trading volume exceeded one billion shares valued at VND32.54 trillion, up more than 32% in volume and 38% in value compared to the previous session. Block deals accounted for over 38 million shares worth VND1.353 trillion.
Most bluechips posted modest movements. DGC hit its ceiling price, rising 7% to VND75,100, with matching volume of 10.8 million shares.
HPG rose 2.9% to VND28,300, posting the highest trading volume in the VN30 basket and leading the market with more than 99.4 million shares changing hands.
In the mid-cap and small-cap segment, fertilizer and chemical stocks advanced. Besides DGC, BFC hit its ceiling price, while DPM rose 5.9% to VND26,900.
On the Hanoi Stock Exchange, the HNX-Index added 0.89 point, or 0.34%, to close at 262.72 points, with 66 advancers and 71 decliners. Matching volume reached over 78 million shares worth around VND1.78 trillion.
