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NEWS RELEASE 98-027; APRIL 22, 1998 April 22, 1998
News Release 98-027

U.S. FERTILIZER INDUSTRY COMPETITIVE DESPITE MAJOR CHALLENGES

Despite numerous challenges, U.S. fertilizer producers appear to be competitive in foreign markets on the basis of price, quality, and security of supply, says the U.S. International Trade Commission (ITC) in its report Industry and Trade Summary: Fertilizers.

This competitive position held despite a protracted period of global oversupply, industry consolidation and restructuring, increases in world fertilizer trade, and changes in environmental protection regulations, according to the report.

The ITC, an independent, nonpartisan, factfinding federal agency, recently released the report as part of an ongoing series of reports on the thousands of products imported into and exported from the United States. Following are other highlights of the report:

The foregoing information is from the ITC report Industry and Trade Summary: Fertilizers (USITC Publication 3082, March 1998).

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and tariff treatment of the products being studied; they analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

This report will be available for downloading from the ITC's Internet server at www.usitc.gov. A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be faxed to 202-205-2104.

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