ICL Falls on Global Food Demand Outlook

Bloomberg reported that shares of ICL (TLV:ICL) dropped on speculation that food prices and overall potash demand will fall.

As quoted in the market news:

The shares declined 1.8 percent to 35.44 shekels at 11:43 a.m. in Tel Aviv, the lowest intraday level since July 2009.

Click here to read the full Bloomberg report.