Jakarta, CNBC Indonesia – Panic buying now happening in South Korea (South Korea). However, this is not related to staple foods, but urea, which is used by diesel vehicles and industrial diesel engines to reduce emissions.
This happened after China restricted exports to the country. Scarcity occurs and is feared to threaten transportation and a number of South Korean industries.
Recently, the South Korean government has allocated urea solution to passenger and commercial vehicles, 10 liters and 30 liters. This is what makes panic buying happened in that country.
To quote the news agency Yonhap, the driver of the diesel vehicle began to buy urea. Thursday (11/11/2021), a number of photos show the queue snaking residents at the seller’s location who still have stock in the area Iksan.
Since 2015, South Korea has required diesel cars to use a urea solution to control emissions. In fact, almost 97% of South Korea’s urea imports come from China.
In his statement, Prime Minister Kim Boo-kyun apologize for the “failure” to anticipate the shortfall. He conveyed this in a special cabinet meeting.
“I offer my deepest apologies for causing such inconvenience and concern,” he said.CNA).
“It will take some time before supply can normalize.”
South Korea is also reported to have flown military oil tankers to Australia, in order to diversify the source of urea to other countries. Imports that can still be done from China are also accelerated.
Previously, China restricted exports to increase supply to the domestic market. Urea is also used in Panda land agriculture.
(tfa/tfa)
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