Potash lead the surge in materials stocks
Mining stocks surged another 9.8%. Potash soared 6.8% to lead a 2.9% surge for materials stocks. For full story, click here
Articles Tagged "trend"
Potash prices rose to record levels
Potash prices rose to record levels as Canpotex, the Canadian potash industry’s exporting arm, negotiated rich new sales contracts with Japan and South Korea for the first half of 2009. For full story, click here
Upbeat about potash?
Potash remains at historically high prices with Japan recently signing purchase agreements $200 US higher than the current contract prices of about $700 US. For full story, click here
Potash lead the surge in materials stocks
Mining stocks surged another 9.8%. Potash soared 6.8% to lead a 2.9% surge for materials stocks. For full story, click here
Fertilizer Prices Remain Soft As Production Cuts Mount
Despite sharp production cutbacks supplies of most fertilizers are sharply higher, with DAP and urea inventories in North America well above five-year averages at the end of October, according to industry data. For full story, click here
Is it right time to buy potash?
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
Potash Corp rises in early trading
Potash Corp of Saskatchewan Inc, was up 3.7 to C$99.51 in early trading in Toronto. For full story, click here
Potash up, despite fall in Metals & Minerals Index
Potash prices rise, despite decline in the Metals & Minerals Index, which lost lost 9.7 % since the July 2008. According to a report: Average spot potash prices (FOB Vancouver) climbed from US$802.50 per tonne in August to a new record of US$862.50 in September and were stable in mid-October at about US$865 (at US$1,000 cfr [...]
Potash holds its own price
According to report from Scotiabank. Potash was the only commodity that showed lusture in September, as oil began its freefall and agriculture futures plummeted. The report said: A strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories and sold-out contract volumes at major potash producers continue to underpin prices. For full story, [...]
Potash bucking the trend
Average spot potash prices rose from US$802.50 per tonne in August to US$862.50 in September and were stable in mid-October at about US$865 (FOB Vancouver). According to Scotiabank’s Patricia Mohr: Potash prices are underpinned by record-low inventories in North America, “sold-out” contract volumes at major potash producers and a strike at three PotashCorp mines in [...]
