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A New Zealand court blog reports Ballance Agri-Nutrients alleges Quin Environmentals breached fair trading law by marketing imported Algerian superphosphate as RPR without meeting the Fertmark test. The dispute concerns labelling and advertising rather than supply.
This is a local labelling dispute with no meaningful effect on global phosphate or feed input supply and prices.
nzbloglex.blogspot.comMike RossMar 19, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
