Articles Tagged "price"

ALLANA CLOSES $2.5 MILLION FINANCING

Allana Resources (CVE:AAA) announced that they have raised $2,542,149.90 million through the issuance of 18,830,740 units at a price of $0.135 per unit. Each unit also included a full warrant at $0.20.Company reports that proceeds will be used for ongoing exploration of Ethiopian Potash projects. Click here for the full press release.

Potash remains at current price

Potash Corp., the world’s leading producer of potash and the largest fertilizer producer reported that it has benefited from higher fertilizer application rates, rising crop plantings and soaring demand for biofuels. For full story, click here

Recent Volatility in U.S. Fertilizer Prices

During 2007 and 2008, farmers saw a rapid runup in fertilizer prices to record highs, followed by lower prices in late 2008. The significant ups and downs of the market in 2008 can serve as a textbook example of supply-and-demand analysis in price determination. For full story, click here