Chinese fertilizer producers to suspend exports amid tight supply
Aug, 01, 2021 Posted by Ruth HollardWeek 202130
Some of China’s biggest fertilizer companies have said they will temporarily suspend exports, the country’s state planning body said on Aug. 30 after input prices at one of the world’s biggest grain producers hit record levels.
China is a major global phosphate exporter, having shipped 3.2 million tons of diammonium phosphate to buyers like India and Pakistan in the first half of this year, in addition to 2.4 million tons of urea, according to customs data.
The National Development and Reform Commission (NDRC) said in a statement that it had called together fertilizer companies for a discussion against hoarding and speculation. The agency did not identify the companies involved.
Source: Forbes Magazine
To read the full original article, visit the link:
-
Other Cargo
Mar, 14, 2022
0
USA to invest more than R$ 1 billion in fertilizer production
-
Nov, 29, 2021
0
Minister inaugurates 3 works at the Port of Santos worth R$ 600 million
-
Ports and Terminals
Jul, 29, 2020
0
Cargo movement at public ports grows 6.6% in first semester
-
Meat
Jun, 27, 2023
0
China lifts ban on Brazilian beef produced before mad cow disease case