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PhosAgro does not plan further phosphate fertiliser decrease

16.01.2012
Industrial Minerals

Russian fertiliser manufacturer PhosAgro AG does not plan to further decrease its production of phosphate-based fertiliser as “prices are now moving upwards and demand for fertilisers is rapidly restoring”, CEO Maxim Volkov told IM.
Industrial Minerals

Russian fertiliser manufacturer PhosAgro AG does not plan to further decrease its production of phosphate-based fertiliser as “prices are now moving upwards and demand for fertilisers is rapidly restoring”, CEO Maxim Volkov told IM.

PhosAgro has announced a reduction in its fertiliser production of diammonium phosphate (DAP) and monoammonium phosphate (MAP)  by 18% during Q1 2012  as a result of a drop in fertiliser prices.
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