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IFA: World Fertilizer Demand to Increase 3% to 178.2 Million M.T.

1:28 AM MST | January 6, 2012 | Deepti Ramesh

The International Fertilizer Industry Association (IFA; Paris) says that world fertilizer demand is anticipated to rise steadily in 2012, in response to attractive agricultural commodity prices. “World demand would increase by 3% in 2011-2012, to a record 178.2 million m.t.,” says Patrick Heffer, director of the IFA Agriculture Service. The fertilizer sector has now fully recuperated from the setback of 2008-2009 and is maintaining a steady stream of investment in new capacity, capitalizing on the positive forecasts of a 3% increase in consumption...

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