On November 5th, during the 8th China International Import Expo, Sinochem Fertilizer renewed its memorandum of understanding with Canpotex for 2026-2028. During the memorandum period, Sinochem Fertilizer will continue to exclusively import red potassium from Canpotex for sale in the Chinese market; Signed a memorandum of understanding on land transportation potassium fertilizer cooperation with Food Safety Supply Chain Limited (FSS) in Dubai, continuing to deepen the strategic partnership in all aspects.

The signing of the two cooperation memorandums mentioned above is not only a witness to the deepening cooperation between Sinochem Fertilizer, Canpotex, and FSS, but also an important measure to ensure the domestic supply of potassium fertilizer, which will play a positive role in promoting the implementation of supply and price stability.

Sinochem Fertilizer has a long history of importing potassium fertilizers and maintains good strategic partnerships with major international potassium fertilizer suppliers. As one of the main channels and distribution enterprises for domestic potassium fertilizer imports, Sinochem Fertilizer is committed to introducing high-quality potassium fertilizer resources from around the world, continuously consolidating and expanding its ability to obtain international potassium fertilizer resources, and ensuring stable domestic supply.

The signing of contracts with multiple international important potassium fertilizer suppliers this time can lock in long-term potassium fertilizer sources through long-term contracts, ensuring domestic supply for this winter, next spring and beyond, and providing guarantees for high-quality and sustainable development of agriculture.

From China Agri Input Media