Philippines in Talks With China and Russia on Fertilizer Supply
The Philippines is in discussions with major fertilizer producers including China and Russia to safeguard supply on fears exporters won’t deliver on contracts as the Middle East war keeps prices high.
Agriculture Secretary Francisco Tiu Laurel Jr. said he’d met with Chinese Ambassador to Manila Jing Quan, who assured him that Beijing will not freeze exports. The Southeast Asian nation’s stockpiles of fertilizer are sufficient to last through May, he said.