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During this time, the Australian mining giant BHP Billiton, obsessed with the Canadian potash company in the bag well dominate the global potash market, and Canadian potash company, but is in constant prices, with the intention to buy their assets out of a good price.
And the Chinese audience a seemingly unrelated international news, why let the Financial Channel so concerned? Here we need and audience for a description of this purchase, for our agricultural producing state with far-reaching implications, K is the agricultural production of the most important one kind of fertilizer, its resources in the global distribution is extremely uneven, if BHP Billiton this times to Canada, the world's largest potash fertilizer resources in the acquisition successful, it means that the mining giant, like monopoly, like iron ore, began to dominate the global potash market prices.
Therefore, if BHP Billiton The success of this for all the world's food producing countries, the will be a very negative message, is no exaggeration to say that this mean watched their own food production by mining giant lock on the a chains. The cost of food production will largely be orders from BHP Billiton. Today, our reporter at the International Fertilizer Association, on how this acquisition will affect China's grain production, to understand, to listen to the Association on the relevant warnings.
Former President of the International Fertilizer Association, the Office of the universal force, when to consult this reporter that the impact of acquisitions, Wu seas in the world map before the reporters to draw a distribution map of potash resources, he told reporters, only look at the distribution of resources, we can know BHP Billiton, this is very fierce in the global potash fertilizer resources in the fight.
International Fertilizer Association, former Chairman of the universal force: "Potassium in the international arena is not very evenly distributed, Canada and Belarus, Russia accounted for seven per cent from 80, and German Israel, part of China, now BHP Billiton merger would increase potassium, This is very important to us the events, I think this is a bloody expansion of capital. "
Wu universally told reporters that if BHP Billiton this trading success, this company in 2015, when the output of potash fertilizer will be more than 25 million tons, this number will be the world's potash fertilizer consumption in half, accounts for half of production, potash price of natural BHP Billiton will be a final say. And this monopoly would be the major grain-producing countries a major threat. (Ling Han)
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