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Desjardins Analyst Says Indian Subsidy Removal Bad News for Potash Corp
Mar. 01, 2012 03:41PM PST
Potash InvestingGlobe and Mail reported that a Desjardins analyst said the slashing of fertilizer subsidies in India will have a negative impact on Potash Corp (NYSE:POT).
Globe and Mail reported that a Desjardins analyst said the slashing of fertilizer subsidies in India will have a negative impact on Potash Corp (NYSE:POT).
As quoted in the market news:
In an effort to combat soil degradation as a result of overuse of fertilizer, subsidies for di-ammonium phosphate (DAP) and potash are to be cut by approximately one-third.
Click here to read the full Globe and Mail report.
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