clarkkent, page-12

Good Read (For those who haven't already)...

Int. Fertilizer Industry Association: Dec 2007 Annual Report

I think Demand will be tight for a few years yet... Thats including China exports. Now we are without China... Things only get worse... er... Better... Depends what you invest in.

Small Extract Page 4 (PDF Slide 6)...

Key Points:
2007 World Phosphate Demand growth 3.8%
2007 World Phosphate Production growth 2.7%
* China Contributed 33% to the Production

"World demand for phosphate fertilizers in 2007
grew by 3.8%, pressuring the industry to
operate at high rates during the whole year.
Production of raw materials, intermediates and
processed phosphate fertilizers rose to near
record levels, while input costs continued to
expand, notably in the case of sulphur and
ammonia.

World production of phosphate rock rose by
2.7% to 172.1 Mt, of which China contributed
one-third. Global trade of phosphate rock
increased by 6% over 2006, after registering
two years of decline; strong deliveries were
reported into Europe, North America and Latin
America."