India to cut potash subsidy, hitting demand
date:Feb 28, 2014
r the past five years it has accounted for about a tenth of global shipments, although its share has been slipping as local prices rise on previous subsidy cuts and on a weaker rupee.

Major suppliers to India include Potash Corp of Saskatchewan , Mosaic Co, Agrium Inc, Uralkali, Arab Potash Co, Israel Chemicals and Germany's K+S AG.

India's fertiliser ministry has set the subsidy at 9,300 rupees ($150) per tonne for next year, said a fertiliser ministry official, who declined to be named. For
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