More Upside Seen for Fertilizer Producers

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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