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 in my [...]
Continue reading "China to seek lower Potash Prices"
Monday, July 20, 2009
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 biggest [...]
Continue reading "Potash Prices Skid"
Tuesday, March 24, 2009
Cidra Minerals Processing Inc declared that one of the largest potash producers has chosen CiDRA’s Sonartrac flow monitoring systems as their preferred technology for use on the Company’s slurry, flotation feed, brine recovery, thickener [...]
Continue reading "Cidra Minerals wins flow contract with major potash supplier"
Thursday, March 19, 2009
Due to the slump in oil and gas industries, Akita Drilling Ltd. reported to have performed drilling services for potash producers, its first move away from its traditional clientele. For full story, click here
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Wednesday, March 18, 2009
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 [...]
Continue reading "Potash prices need to be prevented from further fall"
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Tuesday, August 11, 2009