If anyone has access to the CRU Phosphate Rock 10 Year Forecast then I suggest that you read it. It is a very in depth well researched paper that was updated in November 2009 and suggests that RP prices will decline slowly over the next 6 years due to over supply. They forecast a price below $100 US from the end of this year until around 2017. It is a paid subscription and I only have access through IPL but if you can get find it is well worth the read. It may be a good idea for all of the people on here that keep saying RP prices are up around $170 and will move higher from there. I had MAK for a while but I am just not sure that they are going to make as much cash as I once thought they would. I am expecting a bit of a bashing from the regulars on here but I am not saying this to upset people, only to inform them of some real research not just some hotcopperites personal research.
AEV Price at posting:
37.7¢ Sentiment: None Disclosure: Not Held
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