JACKSONVILLE, Fla. (DTN) -- Near-term headwinds cloud a phosphate fertilizer outlook where trade and demand remain at healthy levels and most industry players expect a balanced market in the medium term.
This was the key message from Tim Mizuno, manager of market research for PotashCorp, at a phosphate outlook session during the recent Fertilizer Outlook and Technology Conference held in Jacksonville, Florida.
Macroeconomic factors negatively affected all fertilizer markets in 2015, he said. Lower crop prices, regional gross domestic product growth changes and issues with currencies have all converged this year to limit fertilizer sales and lower demand.
"Simply put, ...