China issues urea export quotas to ease supply crunch
China has released new urea export quotas to stabilize global markets after supply disruptions. The move provides a predictable supply route for major importers.
Xurve View
Xurve View
China issued export quotas for around 1.5 million metric tons of urea on May 27 to stabilize global fertilizer markets. The move follows a March export ban implemented to protect domestic farmers from price spikes after the Strait of Hormuz closed. Increased supply from China could lower input costs for agricultural producers facing war-driven shortages.
