Potash Investing News » Potash corp. is facing Supply shortage

Potash corporation is facing supply shortage

September 1, 2008 @ 11:40 am In Potash Company News

Potash Corp. is running short of supplies to fill contracts because of a strike at three of its mines, an analyst with JP Morgan reported in an alert to clients.

David silver was quoted as saying:

Absent a settlement, we believe Potash Corp may soon be forced to declare force majeure due to an inability to meet current contractual commitments.

For full information click here ^[1]

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[1] here: http://www.reuters.com/article/marketsNews/idUSN2942467620080829