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Recently, the National Development and Reform Commission and the Ministry of Finance jointly issued a notice to deploy Sinochem Group, China Agricultural Production Materials Group, and China National Chemical Construction Co.
, Ltd.
to put 1 million tons of national potash fertilizer reserves in the near future.
Agricultural production needs during the spring ploughing period this year
.
In the next step, the National Development and Reform Commission will work with relevant departments and units to actively take a series of measures such as increasing domestic production, expanding imports, placing reserves, and strengthening market supervision according to the domestic and foreign chemical fertilizer market conditions to promote domestic potash fertilizer supply and stable prices
.