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Fertiliser Comment, 2 October



Global urea prices continue to firm, with indications of another Indian tender and restricted exports from China. Demand from Brazil remains strong. Locally, nothing has changed really: supply of urea is very limited, but the higher prices will probably soften demand to put things back into balance.

Potash near term seems very tight for supply. Imports are expected later in October, but that might be a bit late for some.

Overall supply of all fertilisers seems very tight at the moment.

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