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Analysts Expect More Potash Price Gains Despite Floods

Written by Investing News Network
|
May. 24, 2011 01:29PM PST

Mining 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.

To read the full market news, click here.

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