Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: world phosphate inventories 38% below 5-year inventory average

world phosphate inventories 38% below 5-year inventory average

posted on Feb 11, 2010 11:58PM

According to agrium's 4th quarter report today. This is while phosphate prices have increased 50% in the last year. They also indicated inventories in Brazil were even tighter so are expecting increased demand there.

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