The South Korean government confirmed that China did not take export control measures for agricultural urea.
According to the Yonhap News Agency, the Ministry of Planning and Finance of Korea revealed to the media on Friday (September 8) that through diplomatic channels such as the South Korean embassy in China, the Chinese government did not take export control measures for agricultural urea.
The Ministry of Planning of South Korea said that only one Chinese chemical company has announced reducing the export of urea fertilizers.At present, the relations between South Korea and China are relatively stable, and there will be no case like the export of urea exports in 2021 that the export of urea exports leads to the breakdown of Korean urea solution.
The South Korean government believes that even if the Chinese side actually takes export control measures due to urea supply tightly, it will not affect South Korea's urea fertilizer supply.South Korean urea fertilizer imports are diversified sources, and prices are also stable, and there will be no shortage of shortage in the future.
It is reported that the current situation of car urea solution in South Korea is stable and the inventory can be used for about 60 days.
