Burma To Receive Potash from Saskatchewan
Canpotex Limited announced that it will initiate potash shipments to Burma when economic sanctions are removed.
Canpotex Limited announced that it will initiate potash shipments to Burma when economic sanctions are removed.
Despite recent concerns around the health of the Chinese economy, recent potash contracts from China have given hope for investors banking on rising food and crop prices.
The StarPhoenix reported on a recent potash supply deal between Canpotex and Sinofert (HSE:0297).
Mining Weekly reported that Canpotex said potash prices to China would stay the same in second quarter.
Reuters reported that Canpotex CEO Steven Dechka is seeing an end to weak potash demand.
Globe and Mail reported that BC's ports will need to accommodate a doubling of potash exports out of Western Canada.
The Globe and Mail reported that CN Rail will take over potash freight from CPR.
Reuters Africa reported that BHP Billiton (NYSE:BHP) will not be using Canpotex to sell potash mined from its Jansen operation.
Reuters Africa reported that BHP Billiton (NYSE:BHP) has chosen not to market through Canpotex.
Tight supplies and high prices of agricultural products including corn and wheat are expected to increase demand for fertilizers, through the near future, however, sometime past 2012, more plentiful supplies should halt potential shortages.
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