Breaking: Israeli airstrikes trigger complete shutdown of MEG, methanol, urea, and ammonia production in Iran, sending global supply chain risks skyrocketing.
According to the latest industry news, relevant national authorities recently held a meeting to study and finalize the urea export control policy from May to September 2025. The total export quota for this year is set at 2 million tons, which will be implemented in two batches: the first batch of 1 million tons will be implemented from May to July, and the second batch of 1 million tons will be implemented from August to September.
There is uncertainty in the global processed phosphate market on the back of tight supplies and China’s absence from the market.