# What does the surprise abolition of China’s potash export... - CRU Group

> China's Ministry of Finance removed all potash export tariffs from 1 January 2019, unexpectedly ending a barrier on about 6.6 million tonnes per year of mainly low-cost Chinese potassium sulphate capacity. Analysts expect the move to increase competition in the SOP market, though supply and demand dynamics should cushion the impact on international producers.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/61028-what-does-the-surprise-abolition-of-china-s-potash-export-cru-group
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

More low-cost Chinese potash supply pressures global potassium fertilizer prices, which could ease input costs for crop producers over time.

## Read by commodity

- POTASH: bearish ▼

## Sources

- crugroup.com: https://www.crugroup.com/en/communities/thought-leadership/2019/what-does-the-surprise-abolition-of-china-s-potash-export-tariff-mean-for-the-global-sop-market/
- prnewswire.com: https://www.prnewswire.com/news-releases/cru-surprise-abolition-of-chinas-potash-export-tariff-set-to-impact-the-global-potassium-sulphate-market-300775498.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.