Goldman Sachs Reinstates Potash and Agrium At Neutral
Benzinga.com reports that Goldman Sachs has published a research report on Potash Corporation (NYSE:POT) and Agrium Inc. (NYSE:AGU) and reinstate the two companies with a Neutral rating.
Articles Tagged "china"
Potash in the limelight as food prices soar
Bbc.co.uk.com reports that the demand for fertilizer producing companies are rising as food prices soar again.
China declared that it may seek Lower Potash Prices Than India
China, the world’s leading consumer of potash, may seek lower prices for the fertilizer than India secured from suppliers in Russia, the Middle East and Canada, because of slack domestic demand and high stockpiles. For full story, click here
Allana Resources declared Potash Joint Venture
Allana Resources declared the signing of a memorandum of understanding setting out the principle terms and conditions of a joint venture between Allana and one of the largest government-owned exploration and development organizations in China with respect to the financing of exploration works, feasibility study, construction of a solution mine and processing plant and production [...]
Chinese Buy into Allana Potash Project
Allana Resources (CVE:AAA) annouced that they have signed an MOU with a government owned company in China to jointly develop Allana’s potash project in Ethiopia. While not naming the Chinese company, the release says that the terms include a $4.5m investment to purchase just under 20% of Allana. Farhad Abasov, Allana’s president and CEO is [...]
Potash Corp. of Saskatchewan has hit Spot Market for China Sales
Potash Corp. of Saskatchewan declared that it may resort to selling fertilizer to China on the spot market instead of negotiating a long-term contract if the two sides can’t renew a three-year supply deal that expires soon. For full story, click here
Potash may hit spot market for China Sales
Potash Corp. of Saskatchewan POT-T declared that it may resort to selling fertilizer to China on the spot market instead of negotiating a long-term contract if the two sides can’t renew a three-year supply deal that expires soon. For full story, click here
China Agritech has signed 6-year marketing and distribution agreement
China Agritech, Inc., a leading national organic fertilizer manufacturer and distributor in China, declared that it has entered into a 6-year marketing and distribution agreement with Odyssey International Group Ltd., a Hong Kong corporation. For full story, click here
Potash Corp. to keep output cuts until china demand returns
Potash Corp. of Saskatchewan Inc., the world’s leading producer of its namesake crop nutrient, will continue to curtail output until demand from China increases. For full story, click here
China potash leader Salt Lake has cut its product price by 10%
China’s leading potash producer Qinghai Salt Lake Co., Ltd. announced that it will cut its ex-factory price of potash fertilizer by about 10 percent from its average sales price of 3,670 yuan/ton in 2008. For full story, click here
