Potash

Reuters reported that the world’s largest potash miner by output, Uralkali, is expecting potash prices to rebound in 2014 after reaching a bottom level in terms of supply contracts with top consumer China.

Reuters reported that the world’s largest potash miner by output, Uralkali, is expecting potash prices to rebound in 2014 after reaching a bottom level in terms of supply contracts with top consumer China.

According Oleg Petrov:

The (global) price will not drop to $300, but there might be a correction from current levels this year because Belaruskali and other producers’ attempts to place volumes could put pressure on the prices.

Click here to view the full report. 

 

MARKETS

Markets
TSX19625.72-67.20
TSXV653.22+7.18
DOW32754.81-43.59
S&P 5004136.60+17.97
NASD12486.45+117.48
ASX6993.00+47.80

COMMODITIES

Commodities
Gold1779.27+7.33
Silver20.27-0.06
Copper3.52-0.03
Palladium2080.50-116.50
Platinum914.00+4.00
Oil94.72+0.83
Heating Oil3.40-0.04
Natural Gas7.84-0.45

DOWNLOAD FREE REPORTS

×