South Korea Contemplates Subsidies for Companies Exploring Urea Imports from Sources Beyond China

SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s industry ministry said Wednesday it is reviewing giving subsidies to companies that seek to diversify supply channels of urea amid concerns over another urea supply crisis due to China’s export halt. Last week, China suspended customs procedures for urea shipments to South Korea. Seoul officials have said [...]