What's the base of the pricing? The prices of fertilizer and electricity are regulated by the government, which reflect on domestic gas prices.

I really don't expect much movement at all. Those prices are highly regulated by state regulators.

The government has to regulate (differently) household customers whose electricity consumption is small. But for household customers of over 10 thousand watt, businesses and industries, the government should negotiate the rates it is planning to raise.

As the government privatization program gains momentum, IFC will be placing greater emphasis on the broader infrastructure sector including electricity, ports and logistics.

He will note his concern, and go into further detail. We're dealing with analysts that work at regulated entities. There are rules that talk about disclosure. People need to properly disclose certain information, and TV analysts typically don't.

Our results reflect the softening in North American demand and pricing that began in the third quarter of last year and that has continued well into 2005.