Gulf war fertilizer crunch: Why it’s good news for China and bad news for India
China’s position is worth watching, though. The immense scale of its domestic fertilizer industry makes it a sort of OPEC of fertilizers, producing about 44% of the world’s phosphate, 30% of nitrogen, 23% of sulphur, and 13% of potash. Should it choose to exploit it, this could become a potent geopolitical tool in the coming decades.
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