China’s shipments of major fertiliser surge 600%, signalling softer export curbs

Chinese shipments of urea – a major fertiliser and chemical used to reduce emissions – have surged after Beijing reportedly eased an export ban imposed last year to curb domestic prices and maintain food security.

Analysts said exports of the chemical – a type of nitrogen used in agriculture as well as to curb diesel and industrial emissions – may continue rising in August and September, as a large portion of the quota remained unused and shipments to India might resume.

China exported 567,184...

https://www.scmp.com/economy/china-economy/article/3322622/chinas-shipments-major-fertiliser-surge-600-signalling-softer-export-curbs?utm_source=rss_feed

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