Phosphate rock prices forecast to drop 25% in 2012

By Alex Feytis
Published: Thursday, 02 February 2012

New Middle East supply and economic uncertainty push down prices - Credit Suisse

After a steady increase in 2011, phosphate rock prices are expected to drop during 2012 to $175/tonne in H1 and to $150/tonne in H2 as a result of new capacity coming from the Middle East and on the “price pullback in downstream phosphate products,” analysts at Credit Suisse forecast....

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