Government Backs Fertilizer Industry in Fight with Potash Cartel
Apr. 22, 2011 04:41PM PST
Potash InvestingThe Financial Express reported that India’s government is on side with the fertilizer industry as it battles a potash cartel.
The Financial Express reported that India’s government is on side with the fertilizer industry as it battles a potash cartel.
The market news is quoted as saying:
The Fertiliser Association of India has put the blame for not lifting the commodity for the forthcoming June-September kharif season squarely on “the unreasonable, exorbitant international price of potash as a result of cartelisation of suppliers”.