Potash began trending upward
Though U.S. nominal prices of nitrogen, phosphate, and potash fertilizers, among others, began trending upward as early as 2002, they increased sharply and reached historic highs in mid-2008. For full story, click here
Though U.S. nominal prices of nitrogen, phosphate, and potash fertilizers, among others, began trending upward as early as 2002, they increased sharply and reached historic highs in mid-2008. For full story, click here
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
Global Investment House -Kuwait- MENA Fertilizer Sector- The MENA region is home to many fertilizer companies and majority of them are state owned or are private companies. 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
Potash Corp of Saskatchewan (POT), up 4.5 percent at C$79.69. For full story, click here
German fertiliser supplier K+S reduced its 2008 sales outlook to reflect the more cautious earnings forecast it issued last month but added that a rebound in fertiliser demand could be in the offing next year. For full story, click here
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 [...]
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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