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Government Backs Fertilizer Industry in Fight with Potash Cartel

Written by Investing News Network
|
Apr. 22, 2011 04:41PM PST

The 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”.

To read the full market news, click here.

india potash cartel
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