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PotashCorp Pulls TSX Down as Investors Brew Over Potash Supply, Demand
Jul. 17, 2013 05:00AM PST
Potash InvestingBNN reported that PotashCorp’s (TSX:POT, NYSE:POT) decline in Tuesday trading pulled the TSX down, as investors raised new concern over supply and demand globally for potash.
BNN reported that PotashCorp’s (TSX:POT, NYSE:POT) decline in Tuesday trading pulled the TSX down, as investors raised new concern over supply and demand globally for potash.
As quoted in the BNN report:
Potash, the world’s biggest fertilizer producer, dropped 3.3 percent after disappointing results from rival Mosaic Co (NYSE:MOS) reflected falling potash prices and raised concerns about demand. Potash’s fall was the biggest negative influence on the index.
To view the whole BNN report, click here.