China is expected to ship at least 1.2 million tons of a key fertilizer variety to India, marking a ramp-up in sales from the world’s top producer after Beijing loosened export controls earlier this year.
The shipments are part of India’s most recent tender for urea, a widely-used nitrogen fertilizer, according to people familiar with the matter, who asked not to be identified as they are not authorized to speak to the media. The volume would account for at least two-thirds of the total quantity booked, with shipments required to leave loading ports by Sept. 24.
