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Financial Post reported that fertilizer companies may face challenges in falling potash and phosphate prices.
Financial Post reported that fertilizer companies may face challenges in falling potash and phosphate prices.
As quoted in the market news:
[Analyst Adam] Schatzker noted that phosphate prices are already starting to weaken, and he expects the same thing to happen with potash in the near future. Potash currently sells for about US$565 a tonne, but he expects it to drop down to US$550 a tonne in early 2012, with more declines through the year.