Indian Price Uncertainty in Eye of the Storm

摘要

The Phosphates market appears to be building to a perfect storm: Production outages in Tunisia; Port closures in Egypt with potential disruption to Suez transits - India's life- line for raw material inputs; Major producers sold out for next 30 days at least; Rising Sulphur and Ammonia costs; Rocketing commodity prices amid heavy speculation; Food inflation in major population centres; Low fert inventories worldwide as we gear up for the spring season in the Northern Hemisphere.