The Conversation (0)
Reuters recently reported that Belarusian potash producer Belaruskali may once again cooperate with Russia’s Uralkali. Potash prices dropped after the partnership between the two companies fell apart in 2013. As quoted in the publication: Belarus President Alexander Lukashenko’s comments on Thursday sent shares of rival potash companies higher as previous co-operation between the world’s two …
Reuters recently reported that Belarusian potash producer Belaruskali may once again cooperate with Russia’s Uralkali. Potash prices dropped after the partnership between the two companies fell apart in 2013.
As quoted in the publication:
Belarus President Alexander Lukashenko’s comments on Thursday sent shares of rival potash companies higher as previous co-operation between the world’s two biggest miners of the crop nutrient helped manage supplies and underpin prices.
Potash Corp of Saskatchewan and Mosaic Co gained 6% in New York, while Germany’s K&S AG added 5% in Frankfurt.
Uralkali is the world’s biggest potash producer, while state-controlled Belaruskali ranks second.
“New Uralkali shareholders are coming to me every month saying: ‘Accept us,'” Lukashenko said at an event in Minsk, Belarus’ capital. “We are not against it. Let’s unite, on our conditions.
Click here for the full article.