Ample supplies keep fertiliser prices in check

Updated January 14 2020 - 11:01am, first published 10:54am
WHAT'S AHEAD: Rabobank agricultural analyst Wes Lefroy says Australia is heavily reliant on imports of fertiliser, ensuring local prices are dictated by global price movements.
WHAT'S AHEAD: Rabobank agricultural analyst Wes Lefroy says Australia is heavily reliant on imports of fertiliser, ensuring local prices are dictated by global price movements.

Global phosphate prices are at their lowest level in more than 10 years, with a significant drop-off in demand and additional supplies expected to continue to keep a lid on prices into 2020, according to the latest Rabobank Global Fertiliser Outlook.

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