Vancouver-based junior Potash One, which hopes to build the first new Canadian potash mine in almost three decades, has started confidential talks with State-owned enterprises in three key markets for the fertiliser ingredient: China, India and Brazil. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices have soared in recent years. What was once a commodity worth about $200 a tonne is now expected to fetch $1,500 by 2020. According to Scotiabank economist Patricia Mohr potash purchasers are currently paying US$872.50 per tonne at the port of Vancouver. “It is at a [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News Brokerages UBS and Scotia Capital have both recently cut their price targets on fertilizer giants Potash Corp. of Saskatchewan (TSX: POT) and Agrium Inc. (TSX: AGU). These cuts are based on the reduced price tags on potash, diammonium phosphate, and urea fertilizers. USB cut its price [...]
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