After several months of negotiations, India's annual potash fertilizer contract was finally announced on April 4, 2023.

Xinhua news in Beijing, January 4 (reporters Xu Ke, Dong Xue), Foreign ministry spokesman Wang Wenbin said at a regular press conference that Regional Comprehensive Economic Partnership (RCEP) has enabled regional countries to deepen cooperation and increase efficiency, which is a major victory for multilateralism and free trade. China will work with all parties to actively participate in the construction of RCEP mechanism and make positive contributions to regional prosperity and world economic

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

Last Tuesday, the International Energy Agency (IEA) expressed that the resurgence of the COVID-19 epidemic and new anti-epidemic blockade measures are restraining oil consumption and slowing the pace of recovery in demand.

China's National Bureau of Statistics (NBS) released data on January 18, showing that the industrial added value of enterprises above designated scale increased by 2.8% in 2020 as compared with that of last year, and part of them were the manufactures of chemical materials and products, rising by 3.4%.

According to data collated by the American Chemistry Council (ACC), global chemical production rose 1.9% in November 2020, up from a 1.7% increase in October and the sixth straight month of growth starting in June.

According to data released on the website of the National Development and Reform Commission on January 5, the added value of the chemical industry increased by 9.7% year-on-year in Nov., 2020, with the growth rate increasing by 1.4% year-on-year.

Previously, CMA, MSC and ONE have all issued notices that Tianjin Xingang is facing a serious shortage of available refrigerated containers due to stricter customs inspection of imported refrigerated containers, which leads to slow pick-up of inbound refrigerated containers. For this purpose, the three companies are charging congestion surcharges on refrigerators that arrive at Tianjin port.

China's Ministry of Commerce (MOFCOM) announced on December 18 that anti-dumping duties will be imposed on imports of ethylene propylene diene monomer (EPDM) from the United States, the Republic of Korea (ROK) and the European Union for five years from Dec., 20, 2020.

Industrial raw coal, crude oil and natural gas of above state designated scale grew steadily in November, according to data released by the National Bureau of Statistics on Dec. 15.

China's import and export of goods totaled 29.04 trillion yuan in the first 11 months of this year, up 1.8% for the corresponding period of last year (the same below), according to data released by the General Administration of Customs on 7th Dec.. Exports totaled 16.13 trillion yuan, up 3.7%, and imports accounted for 12.91 trillion yuan, down 0.5%. The trade surplus was 3.22 trillion yuan, up 24.6%.

Recently, the Ministry of Ecology and Environment, the Ministry of Commerce, the National Development and Reform Commission and the General Administration of Customs jointly issued the Notice on Matters Concerning the Total Ban on the Import of Solid Waste. The notice pointed out that China will ban the import of solid waste in any form from January 1, 2021.

According to statistics, from January to September, China's apparent nitrogen fertilizer consumption was 27.2 million tons (pure), a year-on-year increase of 2.6%;The apparent consumption of urea was 40.317 million tons, up 3.3 percent year-on-year.But Gao Li, deputy secretary general of the China Nitrogen Fertilizer Industry Association, also pointed out some of the current problems in the nitrogen industry.

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

China's import of natural gas grew in the first three quarters of this year. From January to September, China imported 73.731 million tons of natural gas, up 3.7% over the same period of last year, according to the General Administration of Customs.

On October 27, the yellow phosphorus price in Guizhou was relatively stable.

TT Club & BSI, a mutual insurance association providing liability insurance and risk management services to companies, recently released a report stating that there has been a great increase in goods stolen in South Africa day by day, because of the COVID-19, combined with blockade and the recession.

In August 2020, the balance of payments of China's international trade in goods and services totaled 1.962.9 trillion yuan in revenue, 1.3808 trillion yuan in expenditure and a surplus of 312.1 billion yuan.