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U.S. Court Throws Out Potash Price-Fixing Lawsuit
Sep. 23, 2011 11:59AM PST
Potash InvestingThe Globe and Mail reported that allegations of a potash pricing conspiracy have been thrown out by a US court.
The Globe and Mail reported that allegations of a potash pricing conspiracy have been thrown out by a US court.
The market news is quoted as saying:
Potash is a key crop nutrient used by farmers worldwide. The plaintiffs accused the defendants of conspiring since 2003 to fix potash prices at artificially inflated levels. As of 2008 the defendants accounted for 71 per cent of global potash supply.
To read the full market news, click here.
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