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.

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.

In autumn, the fertilizer market will start gradually, and the domestic demand of fertilizer will be released. It is expected that fertilizer prices in later period will keep its upward trend, but there is limited room to rise.

The Ministry of Commerce will continue to improve services for foreign-funded enterprises and foreign investors, expand the level of market opening, and strive to release a new catalogue of industries encouraging foreign investment as soon as possible, said Ministry spokesman Gao Feng at a regular press conference on Sept. 17.

The National day, golden week, is coming! It is the shipping season indeed at present, and shipping companies are continuing to increase their capacity to meet the shipping demand in this golden period, but the performance of the market hasn't matched their expectations well.

According to the International Energy Agency (IEA) 's monthly report for July, China's refinery operation rate rose year-on-year in the second quarter of this year, and crude oil processing volume hit a record high in June.In the US, refinery utilisation fell sharply.China overtook the US as the world's largest refining centre in the second quarter as us crude processing fell to a 27-year low.

On August 21, the Security Commission office of the State Council and the Ministry of Emergency Management held a video scheduling meeting for major risk screening of ammonium nitrate production enterprises and port storage yard to mobilize the deployment of ammonium nitrate and other explosive chemical products for the second round of special inspection.

The person in charge of the Foreign Investment Department of the Ministry of Commerce introduced the national absorption of foreign investments from January to July, 2020.

Due to the weak demand of flat glass and glass containers, the most important end-users, market participants expected that the global consumption of soda ash would decline in 2020.