By Leia Michele Toovey-Exclusive to Potash Investing News North American potash producers believe the potash market is due for a rebound after a dismal 2009, but analysts claim that potash prices will be sluggish to rebound in 2010. Last month, Belarusian Potash Company reached a deal to sell about one million tonnes of potash to [...]
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Tuesday, August 11, 2009
By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]
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Monday, July 20, 2009
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 [...]
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Monday, May 4, 2009
Salt Lake Potash Co. Ltd, a resource company in northwest Qinghai province, declared that the most generous company in both markets with a dividend of 1.283 billion yuan or 1.672 yuan per share before tax. The payout accounts for 94.06 percent of its 2008 profit. Huang Junjie, an analyst from China Jianyin Investment Securities, stated: [...]
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Sunday, January 17, 2010