"(Reuters) - Tata Chemicals (TTCH.NS) expects demand for some phosphate- and potassium-based fertilisers to fall by 15 to 20 percent this year as a weak rupee and lower government subsidy push up prices, a company official said.Indian farms consumed 10.8 million tonnes of diammonium phosphate in the fiscal year that ended in March, while consumption of raw muriate of potash was 3 million tonnes, government data show."This year, the fertiliser (business) is certainly seeing pressure because of the depreciating rupee," said P.K. Ghose, chief financial officer at Tata Chemicals, which earns about half its revenue from fertilisers."cont'dhttp://in.reuters.com/article/2012/06/07/india-fertiliser-ta...
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