China to reimpose specialty fertilizer export curbs from Oct, India braces for price surge: SFIA
NEW DELHI, Aug 31 (PTI): India’s specialty fertiliser industry is bracing for renewed supply challenges as China prepares to reimpose export restrictions from October, potentially triggering price hikes that will directly impact farmers, a senior industry official said on Saturday.
The temporary resumption of Chinese specialty fertiliser exports has provided short-term relief, but this reprieve will be brief as Beijing plans to tighten export controls through increased inspections and consignment delays from next month.
“It’s a temporary fix because China is closing the export window from October. They will be closing it for the entire world market, not only for India,” Rajiv Chakraborty, President of the Soluble Fertilizer Industry Association, told PTI in an interview.
