After closing out 2011 on a low, many are hopeful 2012 will be a year for potash and phosphate producers. But despite strong long-term fundamentals, the uncertainties of 2012 appear unlikely to offer a quick turn around in the value of potash and phosphate prices or company values.
Seeking Alpha reported that investment risks are limiting value for Potash Corp (NYSE:POT) and Mosaic (NYSE:MOS).
Equity Markets Inc. released research reported on Mosaic Corp. (NYSE:MOS) and Potash Corp. of Saskatchewan (NYSE:POT).
Zack's Voice of the People described how a weak dollar is creating opportunities for potash producers.
For years, Potash Corp. of Saskatchewan (NYSE:POT) has held the lion share of the potash market. However, change is on the horizon.
Dmitri Rybolovlev’s recent sale of 53.2 percent of Uralkai stock to an investors group, led by Mr. Kerminov, has led to rumours of a significant merger in the potash industry. About $11 billion of fertilizer and agricultural-chemicals mergers and acquisitions have been announced or completed since the end of 2008.
Potash has attracted a lot of attention from analysts since the nutrient rose from relative obscurity, worth around $150 per tonne, to a hot commodity that rapidly rose to hit $1000 per tonne. As the price of the crop nutrient skyrocketed, some bold investors profited handsomely.
The rapid rebound in American demand has boosted potash. The US was late to jump on board to the recovery, but when it did, it came with impressive speed.
In evidence that the market is staring to turn around, Potash Corp. of Saskatchewan, the world’s top potash producer, aggressively hiked its earnings forecast for the current quarter. Potash’s move sent a ripple affect through all North American Producers.
By Leia Michele Toovey- Exclusive to Potash Investing News After weathering a tumultuous 2009; potash producers are holding their breath in anticipation of a better 2010. Analysts are confident that producers will get what they desire; predicting demand for potash will bounce back this year as purchasers return to the market. The recent drawdown in [...]
Thursday, January 5, 2012