West Coast Potash Terminal Plans Head to Review Stage
The Manitoba Cooperator reported that public comments are being welcomed on a proposed potash terminal in Prince Rupert, BC.
The Manitoba Cooperator reported that public comments are being welcomed on a proposed potash terminal in Prince Rupert, BC.
Mining Weekly reported that Canpotex appears to have reached an agreement over potash supply to India.
Potash mining, like any business, is faced with scrutiny and controversy which range from environmental to political and financial concerns.
Despite weeks of negotiations, India has yet to reach a potash supply agreement with major potash suppliers, including Canpotex, and is holding out for a lower price in order to bridge the gap between the international price of potash and the benchmark import parity price fixed by the government.
For years, Potash Corp. of Saskatchewan (NYSE:POT) has held the lion share of the potash market. However, change is on the horizon.
By Leia Michele Toovey- Exclusive to Potash Investing News Canpotex, the marketing conglomerate for North American Potash Producers signed a deal earlier this month to sell 600,000 tonnes of potash to India for $370 per tonne. That potash will last roughly through June, and for future contracts India will seek to lower prices due to [...]
By Leia Michele Toovey- Exclusive to Potash Investing News For the past few weeks, I have finally been able to share good news about potash, and now, even more signs are pointing towards a revival in the market. The latest news, this Monday, Canpotex, the marketing arm for North American potash producers, finally inked a [...]
On Monday, Canpotex, the export arm of Canadian potash producers, reported that the company has signed a deal to sell about 350,000 tonnes of potash to China’s Sinofert (0297.HK) at competitive prices. The press release is quoted as saying: Canpotex, whose owners are Potash Corp (POT.TO), Mosaic Co (MOS.N) and Agrium Inc (AGU.TO), did not [...]
By Leia Michele Toovey- Exclusive to Potash Investing News In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient. BPC customers in Brazil and Asia can expect to pay $410 per tonne of standard grade potash, up [...]
By Leia Michele Toovey-Exclusive to Potash Investing News North American potash producers believe the potash market is due for a rebound after a dismal 2009, but analysts claim that potash prices will be sluggish to rebound in 2010. Last month, Belarusian Potash Company reached a deal to sell about one million tonnes of potash to [...]
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