Belarus to restore export duty on potassium fertilizers in 2014, says finance minister; duties were lifted in September 2013 to provide stability to Belaruskali's operations following breakup of its joint trading venture with Uralkali
January 3, 2014 (RCCnews (CBNB Abstracts)) – According to Belarus' finance minister, the country will restore its export duty on potassium fertilizers in 2014. The duty on potassium exports was lifted by the Belarusian president in Sep 2013 to ensure the stability of Belaruskali's operations following its terminated joint venture with Uralkali. Based on the draft budget, potassium prices are estimated to stand at $306/tonne. Original Source: RCCnews, http://www.rccnews.ru/Eng/, Copyright RCCnews.ru 2013.