China has halted customs procedures for urea exports to South Korea, sparking concerns of a repeat of the logistics disruption which took place two years ago.
According to Yonhap News Agency, citing government sources, Beijing’s export block is likely due to domestic supply and demand, not export control.
The South Korean government plans to hold meetings with related ministries on Monday, following on from discussions last week.
According to the finance ministry, South Korea currently has enough urea inventory for about three months.
In 2021, Seoul faced major urea solution logistics disruptions after export restrictions by Beijing.
Beijing’s customs authorities have yet to respond to the South Korean government’s inquiry over export disruption reasons.
source : https://www.arirang.com/news/view?id=262597
