In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient.
In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient. [...]
Potash Investing News reports potash prices on the low side.
International Potash Co, the marketing arm of Russia’s biggest producer, OAO Silvinit, agreed last week to supply India with 850,000 tonnes, by March 10.
This benchmark low price is about 26 per cent below a previous low, and other major consumers including China will likely use it [...]
Potash Investing News reports potash industry booming with the current recession.
Farmers may skip using potash fertilizer for a year without a significant effect on yields; however, missing more than a year can have a large impact. Many farmers have already forgone fertilizer applications over the past 12 months. ”Fertilizer customers have been slow to return [...]
Potash Investing News reports potash prices may go higher with China’s demand.
A quick rebound in potash demand could spell disaster for farmers. High fertilizer stockpiles mean that demand may be hard to meet when growers start buying. Yes, this sounds counterintuitive; however, as stockpiles reached record highs after six months of slow sales shippers idled trains. [...]
Potash Investing News reports high fertilizer prices as we go into a global recession.
Despite grim circumstances for most commodity companies; Potash Corp of Saskatchewan’s (TSX: POT) 2008 net income doubled, in comparison to 2007. Net income increased to $788 million or $2.56 a share from $376.8 million or $1.16 a year earlier. Sales climbed 31 [...]
Potash Investing News reports potash sales have decreased in the last couple of weeks.
Just earlier this year global demand for fertilizer fell off as prices rose, adding to supplies and further depressing prices. In a typical year, 40 percent of annual fertilizer application occurs in the fall, but this year preliminary figures indicate that the [...]
Potash Investing News reports potash price has been high since last year.
Potash companies have been under fire recently for failing to drop the selling price of potash despite all of the other commodities price crash.
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Potash Investing News reports potash markets have gained with investor confidence in the recent weeks.
Potash shares peaked in June as concerns about shrinking world grain stocks boosted demand for fertilizer, and prices for nutrients soared because of supply shortages.
The shares upswing was dented when investors lost confidence in global fertilizer demand. Due to the current [...]
Potash Investing News reports potash prices have been holding up despite the gloomy global markets.
In September, price support came by way of a strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories, and sold-out contract volumes at major potash producers. Potash sales have slowed recently as farmers in the United States [...]
Potash Investing News reports the reduction in potash prices with the current global market crisis.
USB cut its price on Potash Corp. to US$152 from US$260, while Scotia lowered its price to US$127 from US$200. Both dropped their price on Agrium to US$68 from US$114 and US$96, respectively.
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Friday, February 5, 2010
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