Will potash stay on top?

Potash Investing News reports potash prices have been holding up despite the gloomy global markets.

In September, price support came by way of a strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories, and sold-out contract volumes at major potash producers. Potash sales have slowed recently as farmers in the United States and Brazil held off from buying fertilizer. Moving forward, analysts predict that the market will be resilient, but large gains are unlikely due to a drop off in China’s imports.

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