By Leia Michele Toovey-Exclusive to Potash Investing News Slow demand, and high inventories have prompted potash producers to issue further output cuts. Late Tuesday, Potash Corp of Saskatchewan ( NYSE: POT), the world’s largest potash producer, said that it will reduce its potash output because of low demand; the following day, producer K+S Ag announced that [...]
Continue reading "Potash miners announce further cutbacks"
Thursday, February 5, 2009
By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices have soared in recent years. What was once a commodity worth about $200 a tonne is now expected to fetch $1,500 by 2020. According to Scotiabank economist Patricia Mohr potash purchasers are currently paying US$872.50 per tonne at the port of Vancouver. “It is at a record high,” [...]
Continue reading "Potash prices at record high"
Friday, January 9, 2009
By Leia Michele Toovey- Exclusive to Potash Investing News. Fertilizer prices are finally falling, but not enough to coax farmers into big purchases for the spring planting. The worldwide financial crisis has them rationing their use of stored inventory. The steep decrease in crop prices have left farmers with less money to purchase fertilizer, shifting their [...]
Continue reading "Low fertilizer sales plague potash companies"
Wednesday, December 24, 2008
Global Investment House -Kuwait- MENA Fertilizer Sector- The MENA region is home to many fertilizer companies and majority of them are state owned or are private companies. For full story, click here
Continue reading "Profitability of fertilizer companies in MENA grew by 149%"
Thursday, December 11, 2008
By Leia Michele Toovey- Exclusive to Potash Investing News. If there was a bright spot in the commodities market in 2008, it would have to be Potash. Potash prices are up significantly compared to last year, and despite an expected short-term credit crunch, the long-term outlook is for growing demand. Potash companies have been under fire recently [...]
Continue reading "Are potash giants guilty of collusion?"
Wednesday, November 26, 2008
Global Investment House -Kuwait- MENA Fertilizer Sector- The MENA region is home to many fertilizer companies and majority of them are state owned or are private companies. For full story, click here
Continue reading "Profitability of fertilizer companies in MENA grew by 149%"
Friday, November 14, 2008
Potash workers in Saskatchewan will soon be heading back to work after voting to accept a new contract. For full story, click here For company’s website, click here
Continue reading "Workers at Potash Corp. ratify new contract"
Friday, October 10, 2008
By Daniella D’Alimonte – Exclusive to Potash Investing News Brokerages UBS and Scotia Capital have both recently cut their price targets on fertilizer giants Potash Corp. of Saskatchewan (TSX: POT) and Agrium Inc. (TSX: AGU). These cuts are based on the reduced price tags on potash, diammonium phosphate, and urea fertilizers. USB cut its price on Potash [...]
Continue reading "Mining and the current economy"
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Monday, June 22, 2009