27-April-2026
Corporate News
 
China pledges to stabilize fertilizer market as planting begins
27-Apr-2026

China’s agriculture ministry said it will secure sufficient fertilizer supplies and stabilize prices, as the Iran war disrupts global markets for the key crop nutrient. The country has ample fertilizer for spring planting, the country’s main crop-sowing season, officials said at a briefing in Beijing on Thursday. While domestic prices have edged up, they’re still well below international levels, they said. Although Chinese prices have risen much less sharply than global benchmarks, the Zhengzhou futures market for urea — the most widely used nitrogen-based fertilizer — hit its highest level since August 2024 in recent days.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/china-pledges-to-stabilize-fertilizer-market-as-planting-begins/articleshow/130509032.cms