Fertecon e-bulletin MARCH 2016MARKET SUMMARY
POTASH
Outlook: Weak/Uncertain
Industry Headlines
Supply: Canpotex to cut 1-half sales by 1.5 million t, PotashCorp curtails production at Allan and Lanigan
Brazil sees spot prices fall as low as $230; however, US$2.5 billion credit facility could provide support
Massive inventory levels in China indicate that importers may forgo 1-half contract