Articles Tagged "producers"

China to seek lower Potash Prices

By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]

Potash Prices Skid

By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices are poised to drop about 25 per cent, after Russia’s Silvinit set a precedent by undercutting fellow potash producers by setting a long term contract with India at a record low of $460 per metric tonne. International Potash Co, the marketing arm of Russia’s [...]

Potash prices need to be prevented from further fall

Potash Inventory has been building up in the industry even though the producers have been shutting down mines. The chance that the Potash Corporation will meet its guidance for the year is remote. Analyst Amir Adar of Harel said: The year 2009 is lost and the focus now is on trying to prevent potash prices [...]