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...