China to Ban Special Fertilizer Exports from October

China is going to ban the export of special fertilizer again from October, which may increase prices and affect farmers. India has developed indigenous water-soluble fertilizer technology but global sourcing companies are struggling to ensure supply due to China's restrictions.

China is going to ban the export of special fertilizer once again from October. In such a situation, prices may increase, which will have a direct impact on farmers.

A senior official said that there has been relief due to the temporary resumption of special fertilizer exports from China, but this relief will be short-lived, as Beijing plans to tighten export controls by increasing inspections and delaying consignments from next month.

India developed the technology

Let us tell you that India has developed its first indigenous water-soluble fertilizer technology after seven years of research. This is a breakthrough that can make the country a leader in the field of specialty fertilizers.

"This is a temporary solution because China is stopping exports from October. They are stopping it not only for India but for the entire world market," Rajiv Chakraborty, president of the Fertilizers Industry Association (SFIA), said in an interview.

India-China issues resolved

The issues between India and China have been resolved for now, but there is a possibility of restrictions starting again. "Once they stop the supply or start banning it, they don't stop it completely. They limit it by imposing inspections and delaying shipments. So this process will start again from October," Chakraborty said.

Indian companies making specialty fertilizers are struggling to ensure adequate supplies during the current one month. Global sourcing companies are working overtime to meet their needs before the ban comes into effect.

Preventing price hikes difficult

The industry hopes that indigenous supplies will be available by mid-season, which could help ease some of the supply constraints. However, it seems difficult to stop the increase in prices.