date:Feb 28, 2014
Higher retail prices have already reduced India's annual potash imports from 6.3 million tonnes in 2010/11 to 4 million tonnes in the current financial year to end-March, according to the Fertiliser Association of India (FAI).
Leading producers Uralkali and Potash Corp declined to comment on the impact of a subsidy reduction on their exports.
A senior potash industry source said Indian farmers have always responded negatively in their application of potash, when subsidy adjustments led to hi