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India's new fertiliser subsidy process could impact agriminerals buying

By Yoke Wong
Published: Thursday, 15 December 2016

The Indian government plans to change the way it distributes the fertiliser subsidy causing concern that the new policy could affect potash and phosphate buying in the market.

Many market participants are uncertain about the impact of India’s new government policy to pay fertiliser subsidy directly to farmers, which could affect agriminerals buying in one of the world’s biggest consuming countries.  

Prior to the reform, subsidies were first paid to co-operatives that would purchase...

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