Reuters reported that both India and China are working to take advantage of market upheaval by seeking price cuts of 25 percent or more.
Articles Tagged "Potash Market News"
BEATA reported that Belarus and Russia are in talks regarding joint initiatives to sell potash through BPC.
Reuters reported that North American stocks of potash dropped in June, but still remained exceptionally high.
The Star Phoenix reported that a worker was killed in an accident at Agrium's potash mine west of Saskatoon over the weekend. As quoted in the market report:
Bloomberg reported that K+S stock price tumbled on Thursday, pulling the mining index on the Stoxx 600 down.
Belta reported that Belarus and Laos are in talks over a transnational corporation for potash production.
Mining Weekly reported that a projected increase in global potash demand will contribute to boosting Saskatchewan's GDP by 2.9% in 2013 and 3.7% in 2014.
AG Professional reported that North American potash sales jumped in May, putting a dent in stockpiles.
Reuters reported that the possible entry of BHP into the potash market could threaten the existing duoply currently held by Belarus Potash Company and Canpotex, who together control about 70 percent of the market.
Mining Weekly reported that last month's shareholder meeting in which Jana Partners expected to be voted to the board of Agrium, but instead got swept out of the vote altogether bring to light the emergence of likely proxy battles for mining companies in the current environment.