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Migao Inks Deal to Get Potash at Discount for 10 Years
Mar. 15, 2011 08:38PM PST
Potash InvestingReuters reported that Migao (TSE:MGO) closed a discount deal on potash that will last ten years.
Reuters reported that Migao (TSX:MGO) closed a discount deal on potash that will last ten years.
The market news is quoted as saying:
The multi-year supply agreement would help Migao cut costs at a time when prices for the coveted commodity are rising due to growing pressures on food supplies.