China tightens fertilizer export restrictions to control domestic prices and boost grain security.
China tightens fertilizer export restrictions to control domestic prices, reduce farming costs, and enhance grain security. Urea shipments have been halted, and phosphate exports face stricter inspections, potentially reducing sales. This move supports China's agricultural sector grappling with low grain prices and high costs, while impacting the global fertilizer market as China is a significant exporter.
June 24, 2024
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