A sharp recovery in potash demand for delivery to fertilizer firms in the U.S. and Brazil in the second half already have boosted world quarterly average prices to $750/net ton. A year ago, potash cost $425/ton because of soft international demand. For full story, click here
Despite a planned eight-week output shutdown at the end of the month, PotashCorp anticipates an upswing in international potash demand later this year. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News In 2007 and 2008, a perfect storm of events led to record high fertilizer prices. The rapidly expanding world economy in these two years led to an increase in worldwide grain production. Expanding grain production increased demand for fertilizer. Record natural gas prices ushered in record high [...]
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 [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News The Potash Corporation of Saskatchewan (TSX: POT) has been fairly unpredictable for the past two weeks. It has ranged anywhere between US$164.80 to US$143.40 per share. Closing on the weekend, it seems to be on its way back up. The company believes it is heading into a [...]
As per a recent report by Research and Markets, The consumption of global potash fertilizer in 2007 recorded 37 million tons. For more information, click here
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