CEO of Canpotex has Potash Recovery in Sight

Reuters reported that Canpotex CEO Steven Dechka is seeing an end to weak potash demand.

As quoted in the market news:

Dechka said he sees the market balancing out as inventories get drawn down and confidence improves, with a strong recovery by the second quarter. Dechka said a new supply deal with China is close, and the company is expecting to have the contract “hopefully by the end of this month”.

Click here to read the full Reuters report.