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Analysts Expect More Potash Price Gains Despite Floods
May. 24, 2011 01:29PM PST
Potash InvestingMining Weekly reported that analysts do not see flooding in North America having a negative impact on potash prices.
Mining Weekly reported that analysts do not see flooding in North America having a negative impact on potash prices.
The market news is quoted as saying:
On May 20, Potash Corp CEO Bill Doyle said the wet weather in the US could remove three-million acres, or around 1%, of US farmland this season, though he didn’t think this would have a major impact on potash demand and prices.