After weathering a tumultuous 2009; potash producers are holding their breath in anticipation of a better 2010. Analysts are confident that producers will get what they desire; predicting demand for potash will bounce back this year as purchasers return to the market.
The recent drawdown in potash inventories supports the suspected rebound. North American potash inventories [...]
Despite a bleak 2009, brokerage Credit Suisse released a note that is very bullish on the 2010 outlook for potash. During the last bull-run, high crop prices and limited potash supplies drove the price of the nutrient up to $1,000 USD per tonne, from $150.
Despite a bleak 2009, brokerage Credit Suisse released a note that [...]
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 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 [...]
Thursday, February 18, 2010
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