Ukraine invasion: China braces for effects of global fertiliser shortage on food security
- The war in Ukraine has fuelled a spike in fertiliser prices, which are pushing up planting costs and eating into farmers’ incomes in China, state media says
- China, which has elevated food security to an economic priority, is largely self-sufficient in staple crops like wheat and rice, but depends on fertiliser imports
A protracted war between Russia and Ukraine could damage the global fertiliser supply chain, putting pressure on grain prices and production in China during a key planting season.
China is largely self-sufficient in staple crops like wheat and rice, but the war is also driving up fertiliser prices.
More than a half of the potash – a key nutrient for major commodity crops – that China consumes each year is imported, while customs data show that nearly 53 per cent of potassium purchases last year came from Russia and Belarus, the largest and third largest suppliers to China, respectively.
Moscow earlier this month recommended suspending fertiliser exports, while Lithuania and Ukraine have already banned transit of Belarusian potash through their ports. Ukraine, a major producer of agricultural products, also banned exports of fertilisers on Saturday.