EuroChem Buying Nitrogen Fertilizer Unit from K+S
Bloomberg reported that K+S (FRA:SDF1) is selling its nitrogen fertilizer distribution unit to OAO EuroChem.
Bloomberg reported that K+S (FRA:SDF1) is selling its nitrogen fertilizer distribution unit to OAO EuroChem.
Fertilizer producer stocks were hit by last week’s sell-off; however, investment firms are maintaining their bullish stance on the sector’s outlook.
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 [...]
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