Arab Potash Reports 84% Higher Profits
Reuters reported that Arab Potash's 2011 profits came close to doubling on higher fertilizer demand.
Reuters reported that Arab Potash's 2011 profits came close to doubling on higher fertilizer demand.
Reuters reported that Agrium Inc.'s (NYSE:AGU) quarterly profits rose 43% on increased demand for agricultural products including potash fertilizers.
Reuters reported that lower fertilizer demand may means lower Q4 sales for Intrepid Potash (NYSE:IPI).
The Street reported that increased fertilizer demand is good news for fertilizer producers next year.
AG Journal reported that farmers are scrambling to secure fertilizer supply as phosphate and potash prices continue to rise.
Concerns about adverse weather in western Canada and Russia are sending grain futures on a rally. This is good news for diammonium phosphate and other phosphate based fertilizer prices.
With potash companies waiting with baited breath for a big 2010 rebound, China believes that potash prices will remain relatively stable this year.
By Leia Michele Toovey- Exclusive to Potash Investing News With potash poised for a rebound, major players in the mining world are positioning themselves to benefit for the next bull-run. Analysts predict the global potash market will probably see the beginning of a “large” recovery starting in April, when major planting seasons get under way. [...]
By Leia Michele Toovey- Exclusive to Potash Investing News According to the latest data form the Fertilizer Institute, potash inventories at North American producers are 42 per cent higher than the previous five-year average. North American potash shipments in the month of February were down 80 per cent from the same month period a year [...]
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