Asian fertiliser buyers turn away from key exporter China amid growing curbs
Asian fertiliser buyers are seeking alternatives to Chinese supplies on concerns the world's top exporter has become an increasingly unreliable supplier after curbs on shipments to protect its domestic market, buyers and analysts said. China is the world's biggest exporter of phosphate and a major supplier of urea, but since 2021 it has imposed measures including export quotas and lengthy inspection requirements on the fertiliser ingredients to cool domestic prices. Urea exports plunged 24% to 2.8 million metric tons in 2022 from the year before and though higher this year, remain ...