More Upside Seen for Fertilizer Producers

Potash Investing

The Globe and Mail reported on one analyst’s outlook for potash.

The Globe and Mail reported on one analyst’s outlook for potash.

The market news is quoted as saying:

Analyst Jacob Bout raised his forecast for average potash prices over the long haul to $600 (U.S.) per tonne. While that’s up $50 from his previous outlook, it’s still slightly below the price where he believes most new global projects make sense.

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