green on a red day., page-53

Another great article to be read

http://resourceinvestingnews.com/21743-2011-potash-trends.html


In their August monthly commodities report, Scotiabank says world potash shipments are expected to climb about 11.5 per cent over 2011 on 2010 totals. ?According to Scotiabank economics VP and commodity markets specialist Patricia Mohr ?The average spot price of potash should climb to at least $650 per tonne by late 2012 ? perhaps higher.?

Potash is currently selling in the range of $520 to $550 per tonne, depending on the contract volume and duration.