Russian fertiliser maker EuroChem has denied a report that it has threatened to sell its 16 percent stake in German potash miner K+S as part of a push to secure a board seat. The director of Melnichenko’s investment vehicle Linea, George Cardona, stated: Eurochem is a long-term investor and we have no plans to sell [...]
Russian potash miner Uralkali’s outlook for a recovery in the industry has remained clouded as farmers, eyeing weak prices on other fertilisers, talked tough on prices. For full story, click here
Uralkali OAO, a major Russian potash producer, has made a 25% reduction in potash prices for Brazil delivery, hoping that the move will boost its falling sales volumes. For full story, click here
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