Reuters reported that the possible entry of BHP into the potash market could threaten the existing duoply currently held by Belarus Potash Company and Canpotex, who together control about 70 percent of the market.
Articles Tagged "canpotex"
With potash contract prices dropping to the lowest level seen in years, the potash sector does not appear ready to rebound just yet.
Karnalyte's recent deal could be one of many this year as junior potash projects are likely to be a key component of emerging Asian economies' efforts to lock down long-term, stable supplies of potash.
Falling phosphate prices reduced Mosaic's profits in the most recent quarter, but Jim Prokopanko, the company's CEO, expects 2013 to bring "record global phosphate shipments."
A potash-market slowdown has been offset by strong strategic moves taken by industry heavyweights.
PotashCorp's earnings outlook cut is causing investors to question the future of the potash market.
Reuters reported that Canpotex signed contracts to supply the Indonesian market with potash for five years.
Reuters reported that K+S AG (ETR:SDF) isn't likely to be part of the Canpotex consortium when its Saskatchewan mine opens.
Mining Weekly reported that a railway strike in Canada could negatively affect the country's reputation for reliability in supplying potash.
Canpotex Limited announced that it will initiate potash shipments to Burma when economic sanctions are removed.