Potash Price Slide May be Easing

Globe and Mail reported that the pressure on potash prices may finally be leveling off.

As quoted in the market news:

The spot price of Canadian potash for overseas markets ended last month at $483 (U.S.) a tonne, up significantly from $375 a year earlier but a long way from the high of $872.50 struck in early 2009, according to Bloomberg data. Global economic concerns have weighed on prices as have tough contract negotiations for the crop nutrient in Asia.

Click here to read the full Globe and Mail report.