Earlier this week PotashCorp and Agrium announced that they have agreed stock-only merger terms that will create the largest crop nutrient company in the world. As yet unnamed, the new company will have a potash capacity of 20m tonnes per year (all figures nameplate basis) by the time it starts combined operations in mid-2017. This…
China’s long awaited export tax policy for 2015 has been announced today, confirming the move away from the use of high and low tax periods for urea and phosphates. The introduction of a flat rate tax will have a major influence on global supply and price volatility in 2015. For more information on the impact…
Later today Profercy will publish the latest weekly news and analysis on global fertilizer markets and prices, covering markets worldwide for nitrogen, phosphates, NPKs and potash. While the publications are focused on market developments, some of the latest company news is provided below. Eurochem seeks London flotation within five years London’s Evening Standard is this…
Developments in the Uralkali and BPC saga continue to attract headlines globally. Editor of the Profercy Potash Service, Tom Jago, assesses the latest developments below and the implications for the market. Potash importers are nervous that scope for future reconciliation between Belarus and Russia could expose demand, until now heavily deferred, to higher price demands.…