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Potash Prices to Flourish Further this Year, Says Scotiabank’s Mohr
Jul. 27, 2011 03:19PM PST
Potash InvestingMining Weekly reported that spot potash prices are expected to rise at least another $30 per ton before the end of the year.
Mining Weekly reported that spot potash prices are expected to rise at least another $30 per ton before the end of the year.
The market news is quoted as saying:
Canpotex, the cartel that markets Canada’s biggest potash producers’ output, said late in June that it had agreed a $70/t price increase with China for the second half of 2011, bumping up the price to $470/t.
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