CEO of Canpotex has Potash Recovery in Sight
Reuters reported that Canpotex CEO Steven Dechka is seeing an end to weak potash demand.
As quoted in the market news:
Dechka said he sees the market balancing out as inventories get drawn down and confidence improves, with a strong recovery by the second quarter. Dechka said a new supply deal with China is close, and the company is expecting to have the contract “hopefully by the end of this month”.