Government and SOEs crack down on fertilizer speculation

Due to volatility in the fertilizer markets, domestic urea producers said they are strengthening their coordination and “strictly implementing” requirements to stabilize prices, ensure supply, and are prioritizing the domestic market. One news report from the Chinese outlet Cailin quotes an executive saying, “We are now mainly focused on ensuring the domestic market; this is a mandatory requirement”. China has relatively tight control over its urea industry. In January 2025, customs changed HS c...

 

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