Scotiabank announced that their commodity price index rebounded in May, pushed up in part by a surge in potash shipments to China and Brazil.
Articles Tagged "potash markets"
Mining Weekly reported that Belarussian Potash expects that potash market will ramp up this year and plans to raise premium prices in line with market expectations.
Mining Weekly reported that there is an emerging trend for junior Canadian potash miners in securing financing from India. As quoted in the market report:
Bloomberg reported that ICL workers who oppose the pending takeover by PotashCorp are planning a strike. As quoted in the market report:
Reuters reported that some of the world's largest potash producers may be changing strategy, electing to forgo attempts to curb output to keep prices high.
The Globe and Mail reported that analysts at Raymond James are recommending PotashCorp for investors who seek long-term, value-based investments.
The Globe and Mail reported that India has a substantial amount of potash stockpiled, which is going to curb their demand and possibly create problems for North American producers who already have large supplies.
Bloomberg reported that Uralkali has agreed to cut cut prices for China's Sinofert Holding Ltd. (297) by $70 a metric ton.
Reuters reported that Russian miner Uralkali is forecasting a hike in potash demand for 2013.
Mining Weekly reported that the government of Saskatchewan is delaying a decision on how to tax potash miners as they wait to see if BHP Billiton will proceed with their Jansen potash project.