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Sodium nitrate prices decline 9%

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Published: Friday, 27 March 2009

Following 2008 peak, Chilean nitrate prices dip as fertiliser demand slows

As widely expected, prices for sodium nitrate, a key fertiliser mineral, have finally started to decline after a rapid run-up in prices seen over 2008 as producers renew contracts for the next quarter.

Latest prices for Chilean sodium nitrate (about 98% ex-store) have been quoted at $550-570/tonne...

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