China Limits Urea Exports, Forcing South Korea to Tap Reserves Amid Supply Worries
- China limiting urea exports, which Korea relies on for 90% of supply
- Korea releasing 2,000 tons from public reserves to address 10 days of demand
- Working to purchase additional 6,000 tons from Vietnam
- Companies reluctant to store supplies due to costs
- Seoul says export curb likely due to China's domestic shortages, not formal policy