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Fertilizer makers, distributors under probe by China's SAMR for jacking up prices

( August 5, 2021, 02:26 GMT | Official Statement) -- MLex Summary: China’s State Administration for Market Regulation has opened an investigation into manufacturers and distributors of potash and other fertilizers after receiving complaints about them jacking up product prices, according to a statement published by the regulator late yesterday. The regulator will also closely monitor fertilizer prices and crack down on irregularities such as hoarding and profiteering, increasing prices and colluding to raise prices, the statement said.The statement follows:...

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