Comments on: Are potash giants guilty of collusion? http://potashinvestingnews.com/293-are-potash-giants-guilty-of-collusion.html Objective News on Potash mining, exploration, and Potash industry investing Thu, 29 Jul 2010 22:52:16 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: Jimmy http://potashinvestingnews.com/293-are-potash-giants-guilty-of-collusion.html/comment-page-1#comment-48 Jimmy Mon, 09 Mar 2009 00:47:57 +0000 http://www.potashinvestingnews.com/?p=293#comment-48 Jim I am looking to purchase potash for the brazilian market at good pricing please contact me : montreal1@mail.com Jim I am looking to purchase potash for the brazilian market at good pricing please contact me : montreal1@mail.com

]]> By: Jim http://potashinvestingnews.com/293-are-potash-giants-guilty-of-collusion.html/comment-page-1#comment-47 Jim Wed, 17 Dec 2008 20:19:14 +0000 http://www.potashinvestingnews.com/?p=293#comment-47 Without doubt, producer collusion and price-fixing has been rampant over the past several years, specifically when a company called Bulk Logistics, a JV between Canpotex and IPC (Russians) was formed in Singapore during 1997 to stabilize prices only in Malaysia. I worked with Canpotex for 13 years, including 4 in Singapore, so it does happen and it is almost done so blatently. However, I knew this would catch up to them, specifically when prices went parabolic. Yes, the fundamentals are solid for potash going forward, and really the producers, specifically the PCS's, Mosaic's, and Agrium's should know better. Currently, there are a few ongoing class action lawsuits in Minnesota and I after reading the claimant filing, it is very possible this will stick. In addition, I may have to do the right thing and become a material witness and having participated in what is considered nothing short of price fixing. There you go Barry Without doubt, producer collusion and price-fixing has been rampant over the past several years, specifically when a company called Bulk Logistics, a JV between Canpotex and IPC (Russians) was formed in Singapore during 1997 to stabilize prices only in Malaysia.

I worked with Canpotex for 13 years, including 4 in Singapore, so it does happen and it is almost done so blatently. However, I knew this would catch up to them, specifically when prices went parabolic. Yes, the fundamentals are solid for potash going forward, and really the producers, specifically the PCS’s, Mosaic’s, and Agrium’s should know better. Currently, there are a few ongoing class action lawsuits in Minnesota and I after reading the claimant filing, it is very possible this will stick. In addition, I may have to do the right thing and become a material witness and having participated in what is considered nothing short of price fixing.

There you go Barry

]]> By: Are potash giants guilty of collusion? http://potashinvestingnews.com/293-are-potash-giants-guilty-of-collusion.html/comment-page-1#comment-46 Are potash giants guilty of collusion? Fri, 12 Dec 2008 15:10:02 +0000 http://www.potashinvestingnews.com/?p=293#comment-46 [...] complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock [...] [...] complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock [...]

]]> By: Barry Isaacs http://potashinvestingnews.com/293-are-potash-giants-guilty-of-collusion.html/comment-page-1#comment-45 Barry Isaacs Fri, 12 Dec 2008 15:01:24 +0000 http://www.potashinvestingnews.com/?p=293#comment-45 The notion that high potash prices is inhibiting planting is so much bunk given how small a percentage of the total input costs are represented by nutrients. Such a charge is typically made by those looking to shake down suppliers rather than deal with a free marketplace. For about 20 years, potash suppliers did not have very good margins on their goods but now they do. One can say the same thing about farmers as well but no one is endeavoring to seize their earnings or otherwise limit what they can earn from their efforts. The notion though that potash suppliers need to offer for sale what they produce at the prices desired by their customers smacks of envy and incipient socialistic tendencies. Rather than push supplies on unwilling buyers at any price, the suppliers have individually withdrawn supplies by reducing output. Unless the plaintiffs can show 'collusion', they must fail in their lawsuit as well they should. Blaming the potash producers for current marketplace woes and then following that with lawsuits is the typical response of the technically and morally bankrupt. The answer to those who say that the price of potash is too high is : Don't buy it. The notion that high potash prices is inhibiting planting is so much bunk given how small a percentage of the total input costs are represented by nutrients. Such a charge is typically made by those looking to shake down suppliers rather than deal with a free marketplace. For about 20 years, potash suppliers did not have very good margins on their goods but now they do. One can say the same thing about farmers as well but no one is endeavoring to seize their earnings or otherwise limit what they can earn from their efforts. The notion though that potash suppliers need to offer for sale what they produce at the prices desired by their customers smacks of envy and incipient socialistic tendencies. Rather than push supplies on unwilling buyers at any price, the suppliers have individually withdrawn supplies by reducing output. Unless the plaintiffs can show ‘collusion’, they must fail in their lawsuit as well they should. Blaming the potash producers for current marketplace woes and then following that with lawsuits is the typical response of the technically and morally bankrupt. The answer to those who say that the price of potash is too high is : Don’t buy it.

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