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Reports: Belarus extends potash export subsidy until year-end

6:22 AM MDT | April 15, 2014 | Francinia Protti-Alvarez

Belarusan authorities have extended the country's zero export duty on potash until 31 December, according to local press reports. The duty, which previously was €75–85/m.t. ($104–118),  was initially reduced to zero for 1 September 2013–31 December 2013, and was then extended to 31 March 2014. The decision to reduce the export duty to zero was a result of falling potash prices, partly caused by the collapse in July last year of Belarusian Potash Co. (Minsk), a potash export cartel jointly operated by Uralkali (Berezniki...

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