27 September 2011 07:43 [Source: ICIS news]
CHICAGO (ICIS)--Global economic uncertainty was a key topic discussed on Monday by attendees at this year’s TFI World Fertilizer Conference.
Keynote speaker Fareed Zakaria focused on factors contributing to the current global economic turmoil and their impact on markets in both developed and emerging economies.
In particular, Zakaria addressed the significance of markets in India and China, which are of interest to the fertilizer industry as the countries require fertilizers to sustain their population’s food needs.
Zakaria is the editor-at-large of Time magazine and the host of Fareed Zakaria GPS, a weekly foreign affairs programme.
Outside of scheduled group sessions, many delegates to the conference were engaged in discussions about the effect of turmoil in global financial markets on the prices of commodities that form the backbone of the fertilizer industry, including potash, phosphate rock, sulphur and sulphuric acid.
Hosted by The Fertilizer Institute (TFI), the World Fertilizer Conference runs Sunday through Wednesday. More than 900 industry representatives from 60 countries are attending the event.
By David Bacon
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