yeah righto, i don't care what your research tells you.
i have no agenda. fact is - the price of domestic MAP for the farmer has fallen over the past few weeks.
this is not ipl specific but just my perspective on the market. fert importers have expensive product in their warehouses and have run the line - "we imported it at the top of the market so we'll sell it at top of the market prices, our warehouses are full so there'll be no cheaper product imported". ipl being a producer just played along of course - thats business.
today tho, the smaller and nimbler players are importing it at todays prices eating into ipls margins and forcing importers to sell at loss.
thats just the perspective of someone who buys fert.
IPL Price at posting:
$2.17 Sentiment: Hold Disclosure: Held
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