Articles Tagged "production"

Migao Booked through December 2009

Migao Corporation (TSX:MGO) announced today that it has received several contracts to deliver 75,000 tonnes of potash fertilizer to customers across China.  The orders will be delivered by the end of the year and with existing commitments, will consume all production until the end of 2009. Liu Guocai, Migao’s CEO is quoted as saying: A [...]

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 Mine will be shut down

Despite a planned eight-week output shutdown at the end of the month, PotashCorp anticipates an upswing in international potash demand later this year. For full story, click here

Canada potash output slashed

According to PotashCorp CEO Bill Doyle, potash production in Canada has been reduced to match eroding world demand and could be further reduced if markets don’t improve. For full story, click here

Potash stockpiles at record high

By Leia Michele Toovey- Exclusive to Potash Investing News Sluggish demand world-wide due to the global financial squeeze has left potash stockpiles at all-time highs as potash miners fail to adequately adjust prices.  Farmers, especially those finding it hard to get bank financing, may not be buying as much costly fertilizer as they face lower [...]