This, coupled with a rise in import prices, may mean Indian fertilizer makers will raise retail prices for farmers, possibly trimming Indian potash demand to 3.5 million tonnes from some 4 million tonnes a year ago, said PS Gahlaut, managing director of Indian Potash Ltd (IPL), the country's top potash importer.

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India, as one of the world's leading buyers of crop nutrients, plays a significant role in setting the global benchmark for potash contracts. Ps Gahlaut briefly explained it. If you want to know more about this import deal read our full blog.

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