The evolution and prospects of the phosphate industry
Rami Rawashdeh and
Philip Maxwell ()
Mineral Economics, 2011, vol. 24, issue 1, 15-27
Although dominated by the forces of competition over the past 50 years, with relatively easy entry and exit of new producers and plentiful reserves, the phosphate industry and phosphate markets have experienced several interesting episodes during this period. These have been associated with the attempted establishment of a producer cartel during the mid-1970s, the significant but declining presence of state-owned production, the demise of the Soviet Union and the recent minerals boom. While noting the significance of the earlier events, the particular focus of this paper is on the events of the past two decades and likely development in the foreseeable future. The authors utilise the standard supply and demand framework developing their discussion. Copyright Springer-Verlag 2011
Keywords: Phosphate industry; Competition; State ownership; Phosphate markets; Supply and demand analysis (search for similar items in EconPapers)
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