China Pledges to Stabilize Fertilizer Market as Planting Begins

China’s agriculture ministry said it will secure sufficient fertilizer supplies and stabilize prices, as the Iran war disrupts global markets for the key crop nutrient.

The country has ample fertilizer for spring planting, the country’s main crop-sowing season, officials said at a briefing in Beijing on Thursday. While domestic prices have edged up, they’re still well below international levels, they said.