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RR1:AU
Rights Issue and Shortfall
UBS Decreases Forecast for Potash Prices
Dec. 15, 2011 03:52PM PST
Potash InvestingAgrimoney reported that UBS cited economic uncertainty as one reason for cutting its potash price outlook.
Agrimoney reported that UBS cited economic uncertainty as one reason for cutting its potash price outlook.
As quoted in the market news:
Concerns over a repeat of 2008-09, when potash prices plunged during the world economic downturn, have “stalled” potash demand, as large wholesalers “exercise caution” over purchases.
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