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Market Impact: 0.2
China to Supply Bulk of India’s Fertilizer Tender in Major Sale
Source: Bloomberg
Trade Policy & Supply ChainCommodities & Raw MaterialsSanctions & Export ControlsEconomic Data
China is expected to ship at least 1.2 million tons of a key fertilizer variety to India, signaling a ramp-up in sales from the world’s top producer. The increase follows Beijing loosening export controls earlier this year, which should improve near-term supply visibility for Indian buyers. The news is likely more supportive for sector supply expectations than a large market-moving catalyst by itself.
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