China Sets 2020 TRQs for Fertilizer Imports

China announced tariff-rate quotas for fertilizer imports for 2020, according to a Nov. 15 report from the Hong Kong Trade Development Council. China will set its quotas at 3.3 million tons of urea, 6.9 million tons of diamond phosphate and 3.45 million tons of compound fertilizers. The TRQ will be 1 percent for all three items, HKTDC said. Chinese authorities will accept applications and issue certificates for the quotas starting Dec. 15.