By Leia Michele Toovey- Exclusive to Potash Investing News With potash poised for a rebound, major players in the mining world are positioning themselves to benefit for the next bull-run. Analysts predict the global potash market will probably see the beginning of a “large” recovery starting in April, when major planting seasons get under way. [...]
Key energy and materials groups, which rose on higher commodity prices. Materials, home to mining and fertilizer companies, rose 4.2 percent. For full story, click here
As such, the investment firm prefers potash producers over urea producers, naming Potash Corp and Agrium Inc. among its favourite stocks. For full story, click here
With North American equity markets get smacked down in a global recession, what happened to fertilizer stocks in recent months could be said for many issuers. For full story, click here
The materials sector was up 1 percent with fertilizer company Potash Corp of Saskatchewan the top net gainer, up 6.3 percent at C$91.00. For full story, click here
While things look dire for stocks and even funds are cash-heavy, there have already been nine rallies in this crisis. Buy Agrium, Potash and Archer Daniels Midland. For full story, click here
Workers at mines of the world’s largest producer of potash approved a labor agreement, ending a 14-week strike. The shares gained 5 percent to C$89.87. For full story, click here
Potash stocks were among the worst performers in recent times but now shows both good value and technical merit. For full story, click here
Few commodities have been able to weather the storm. Gold declined about 30% from its highs in early 2008, but one of the strongest has been potash. For full story, click here
Israel Chemicals rises 5.6%, in the wake of gains by many of its international peers, especially Potash Corporation of Saskatchewan Inc., which owns 11% of Israel Chemicals, has risen 25% in the past few trading sessions. For full story, click here
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