By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices are poised to drop about 25 per cent, after Russia’s Silvinit set a precedent by undercutting fellow potash producers by setting a long term contract with India at a record low of $460 per metric tonne. International Potash Co, the marketing arm of Russia’s [...]
Russian potash miner Uralkali’s outlook for a recovery in the industry has remained clouded as farmers, eyeing weak prices on other fertilisers, talked tough on prices. For full story, click here
Potash Inventory has been building up in the industry even though the producers have been shutting down mines. The chance that the Potash Corporation will meet its guidance for the year is remote. Analyst Amir Adar of Harel said: The year 2009 is lost and the focus now is on trying to prevent potash prices [...]
The Potash industry is expected to be supply-challenged for at least the next five years as demand continues to rise globally. For full story, click here
PotashCorp does Saskatchewan proud. It has provided good jobs and industry spinoffs, paid hundreds of millions of dollars in provincial royalties and is a good corporate citizen. For full story, click here
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