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Source: Tyne Morgan, AGWEB, 9/28/21
The fertilizer industry is swarmed with Black Swan events. From the impacts of Hurricane Ida to political and climate issues entangled in a cobweb of production slowdowns in Europe and China, the Black Swan events continue to stack up. According to Josh Linville of StoneX Group, on Monday, the Chinese government effectively banned phosphate exports through June 2022. The news comes as China's production was already throttled by climate emission concerns from production plants.
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