PDAC 2016: There will be capacity cuts in fertilisers
Published: Monday, 07 March 2016
Difficult conditions in potash and phosphate have already pushed producers out of production at the higher end of the cost curve – a trend likely to continue as serious new supply comes online during the next five years.
A decrease in crop prices, refinancing in Brazil and El Nino
weather patterns affecting the agricultural sector in India are
likely to force capacity cuts in fertiliser products, attendees
2016 Prospectors and Developers Association
of Canada (PDAC) convention in Toronto, Canada, heard