Incitec Pivot sees fertiliser prices rising in 2010

MELBOURNE, May 11 (Reuters) - Incitec Pivot Ltd (IPL.AX), Australia's top fertiliser maker, said fertiliser prices are likely to improve in the next financial year as demand picks up.

"We still would see fertiliser prices being relatively flat for the next six months. Post that period, the outlook is for improving prices because volumes will bounce back globally," acting chief executive James Fazzino told reporters. ($1=1.323 Australian Dollar) (Reporting by Sonali Paul)