Potash producer’s share prices rallied this week on the expectation that corn and soybean futures will extend their gains into the New Year.
Articles Tagged "fertilizer market"
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 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 [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Sluggish demand world-wide due to the global financial squeeze has left potash stockpiles at all-time highs as potash miners fail to adequately adjust prices. Farmers, especially those finding it hard to get bank financing, may not be buying as much costly fertilizer as they face lower [...]