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 news"
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.
Mineweb reported that the Republic of Congo (ROC) is being touted as having potential to become one of the world's biggest potash miners over the next decade.
Agrimoney reported that Uralkali has cut its potash production, unlike its North American counterparts Mosaic and PotashCorp, which suggests they may need to fire up output to meet demand if they sign a new Chinese supply deal.
Belta reported that Belarus and Laos are in talks over a transnational corporation for potash production.
Reuters reported that extensive flooding in Alberta has forced the stoppage of potash shipments from mines to West Coast ports, although the shut down is expected to be temporary.
Scotiabank announced that their commodity price index rebounded in May, pushed up in part by a surge in potash shipments to China and Brazil.
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.