China Slows Urea Exports, Leaving India Scrambling for Alternate Suppliers
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China has slowed urea exports, holding 500,000 tons at ports due to price surge and prioritizing domestic supply.
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India imports 30% of its urea needs from China, was expecting over 1 million tons in recent tender.
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Chinese export curbs will raise global prices and India's spending on fertilizer imports.
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India looking to imports from Oman, Saudi Arabia, Egypt and Russia to fill gap left by China export cuts.
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China accounts for a third of global urea supply, move raises concerns for fertilizer buyers like India.