Rising food costs and under-utilized farm resources have led China to give phosphate a greater strategic role. Focused on developing domestic supply, local governments are reducing the number of domestic operators while building bigger firms.
By Leia Michele Toovey- Exclusive to Potash Investing News In 2007 and 2008, a perfect storm of events led to record high fertilizer prices. The rapidly expanding world economy in these two years led to an increase in worldwide grain production. Expanding grain production increased demand for fertilizer. Record natural gas prices ushered in record high [...]
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