China Considers Purchase of Belaruskali
Rumours are spreading that a state-owned Chinese company may come forward with a purchase offer for Belarus’ prized asset, potash miner Belaruskali.
Articles Tagged "Potash Market News"
Potash Mining Controversies
Potash mining, like any business, is faced with scrutiny and controversy which range from environmental to political and financial concerns.
Potash Price Jump puts Pressure on India
Canpotex will supply China with 630,000 tonnes of the crop nutrient in the second half of 2011 at $470 per tonne, a 17.5 percent increase compared to the contract pricing agreed upon for the first half.
Rumours Spread Regarding Potential Belaruskali Buyer
With Belarusian potash miner Belaruskali up for sale, rumours are running wild over who could be a potential suitor for one of the world’s biggest potash producers.
India Holds Out for Lower Fertilizer Prices
Despite weeks of negotiations, India has yet to reach a potash supply agreement with major potash suppliers, including Canpotex, and is holding out for a lower price in order to bridge the gap between the international price of potash and the benchmark import parity price fixed by the government.
Potash Inventories Drop Below Five-Year Average
Shrinking potash inventories are providing a clear signal that the market can bear another price increase. Potash inventories held by North American producers dropped by 183,000 tonnes in March, leaving inventories at 1.8 million tonnes, 26 percent below the five-year average.
Rising Global Food Prices, Regional Potash Impacts
Concerns that grain surpluses are quickly being depleted have impacted regional markets in a variety of ways. These actions remain geographically diverse and attention must be paid to regional market trends in order to understand firm and potash market dynamics.
USDA Forecasts Good News for Fertilizers
Potash and phosphate producers have already been riding the wave of increased grain prices, and have been able to continuously boost prices charged for the crop nutrients. According to the USDA’s reports, this trend has no sign of stopping, at least in the near future.
Produce Price Spike Boosts Potash
Over the past year, potash producers have incrementally increased the price charged for potash, as top crop prices have given farmers extra incentive to boost yields.
Has Potash lost its Momentum?
Financial services firm Citigroup believes that the recent rally in stock prices of Potash Corp. of Saskatchewan and Mosaic is about to lose steam.
