Indian subsidy cut dashes hopes of potash recovery

By Laura Syrett
Published: Thursday, 27 February 2014

Government reduces support in effort to contain national deficit

India is to cut its potash subsidies by nearly one fifth from April, demolishing hopes for a resurgence in domestic demand and global prices for the fertiliser mineral, Reuters has reported.

India's fertiliser ministry has set the subsidy at Indian rupee (INR) 9,300 ($150*)/tonne for the next financial year down...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: