OREANDA-NEWS. Fitch Ratings has published an industry and peer study of rated global fertilisers. The report provides on overview of the fertiliser industry, and addresses Fitch's ratings drivers when analysing fertilisers companies and applies them in comparing global fertiliser peers.

Sales demand, price and cost volatility, as well as sector-specific key factors including fertiliser companies' scale of operations, product diversification, end-market diversification, cost position, purchase behaviour and corporate governance are all compared and evaluated. Finally, leverage and coverage, profitability and free cash flow help capture financial attributes commensurate with particular ratings.

The report, entitled 'Global Fertilisers Industry and Peer Study' is available at www.fitchratings.com.