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 price"
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.
Crop Prices Boom Not Seen in Potash Prices
Virtually every agricultural commodity price on a steep upward trend, however, PotashCorp's Wayne Brownlee expects less volatility in potash prices.
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.
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.
Will Peak Corn Mean the End of Fertilizer Gains?
The stocks of potash producers are predicted to outshine those of more nitrogen focused companies, due to what brokerage firm Goldman Sachs calls “peaking corn prices.” In a statement issued this past Monday, Goldman Sachs (NYSE:GS) noted that the current corn price of $6 to $7 per bushel is unsustainable.
Japan Quake Fails to Rattle Potash
While grain prices have been experiencing volatility in the aftermath of Japan’s earthquake; potash prices have yet to feel the effects.
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.
Russian Potash Merger in Hiatus
The merger between Russian potash miners Uralkali (LON:URKA) and Silvinit has been put on hold after an arbitration court in Russia agreed to hear minority shareholder Acron’s complaints.
North American Potash Inventories Drop below Five-Year Average
Potash inventories held by North American miners have dropped below average levels, according to data released by Potash Corporation of Saskatchewan.
