Uralkali Reduces Potash Production Target for 2012
Bloomberg reported that Uralkali (LSE:URKA) lowered its output target for next year in an attempt to maintain market prices.
Bloomberg reported that Uralkali (LSE:URKA) lowered its output target for next year in an attempt to maintain market prices.
Bloomberg reported that Uralkali (LSE:URKA) followed up a price increase for Chinese customers with a price increase to Russia.
Agrimoney reported that UBS cited economic uncertainty as one reason for cutting its potash price outlook.
Reuters reported that Uralkali (LSE:URKA) says it doesn't plan to hike potash prices in the next quarter.
Indian Cooperative reported that Uralkali's (LSE:URKA) refusal to grant lower potash prices to India means the country will slash potash imports.
India is pushing potash and phosphate suppliers to lower fertilizer prices, citing that a weakening currency and climbing potash and phosphate prices are pushing Indian farmers out of the market.
Financial Post reported that fertilizer companies may face challenges in falling potash and phosphate prices.
Bloomberg reported that increases to potash mining capacity will slow the recent uptake in potash prices.
Agrimoney reported that Uralkali's (LSE:URKA) goal of increasing potash capacity shouldn't affect the price of potash.
Grizzly Discoveries Inc. (TSXV:GZD,OTCQX:GZDIF,FWB:G6H) provided the following updates on continuing exploration activities at its Greenwood gold project, its Alberta potash project, and its 50%-owned Provost property.
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