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 [...]
By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]
Last week’s potash contract in India by Russian producer OAO Silvinit is bad news for Israel Chemical Ltd. and its peers. For full story, click here
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 [...]
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 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
Western Potash Corp. declared that it has signed a drill contract agreement to commence its 2009 potash exploration drilling program within the Milestone Property, in Saskatchewan, and the Russell South Property in Manitoba. For full story, click here
Shares in Potash Corp. slipped down $2.44 to $102.65 after unionized workers at its Lanigan mine ratified a new contract. For full story, click here
Unionized workers at the Lanigan mine owned by Potash Corp. of Saskatchewan have approved a new contract wherein their wages will increase 18 per cent over three years, generally, and certain jobs will have an even bigger rise. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News It is no mistake that the US led the world into the current economic crisis. The power to lead the world out rests in the hands of the Asian economies, especially China. Chinese demand is a major driving force; it has the ability to push the [...]
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