IPL 0.17% $2.88 incitec pivot limited

any opinions on ipl -long or short, page-9

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    http://www.fertilizerworks.com/html/market/BasketPrice.pdf

    Urea down from $US500 to $US400 this month alone ... exlosive demand can soak up urea (ampho) inventory if AN prices are priced at a premium.

    DAP and MAP are prices looking vulnerable as farmers are switching to superphosphate from Madra Pradesh to Wagga Wagga ...

    The fundamentals are not rosy and the SP reflects this. The only positive is the likelihood of a takeover in the future.
 
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