date:May 23, 2014
at tinkering with urea prices was politically sensitive.
Both Potash Corp and Mosaic forecast increased Indian imports even before the election result.
Potash Corp said in January that it expects India to import 3.7 million to 4.2 million tones of potash from all suppliers in 2014, up from 3.1 million last year, due to thin Indian inventories and a small bump in consumption.
Mosaic sees phosphate imports jumping to about 9 million or 9.2 million tones of phosphate in 2014, up from 8 million.