Search Results for "China"

Potash Market Showing Signs of Recovery

Recently, Resource Investing News spoke with Kiril Mugerman, an analyst with Industrial Alliance Securities about the state of the current potash market. Potash investors will be interested to know that despite the overhanging doom and gloom sentiment felt in the market, there have been some indicators pointing to a recovery on the horizon.

Gensource, Canada Potash Terminate June Agreement

Gensource Potash Corp. (TSXV:GSP) announced that it has terminated a binding term sheet with Canada Potash Corp. as a result of “technical challenges, difficult market conditions and a desire by Gensource to resume trading as soon as possible.” The agreement had contemplated a reverse takeover.

Mosaic Slashes 2013 Global Potash Shipment Forecast

Reuters reported that U.S. fertilizer giant, Mosaic Co, cut its outlook for the 2013 global potash shipments citing weaker demand in India and a delay in setting a second-half contract between Canpotex and China’s Sinofert Holdings.