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Went through bad times, says fertilizer company boss – 23 Jul 2024

Jul 23, 2024

"The year that went by was quite tumultuous given unpredictable price fluctuations. Raw material prices skyrocketed to unprecedented levels and, on the other hand, there was drastic reduction in subsidies, i.e. compensation amount paid by the Government. Adverse climatic conditions and uneven spatial distribution of rainfall further impacted industry demand."

This is what a CMD of a fertilizer company had to say about the year that was

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