potash, page-6

2012 Potash and Phosphate Market Outlook

http://potashinvestingnews.com/4533-2012-potash-phosphate-market-outlook-pot-uralkali.html

As a result, the weak global economic picture, coupled with emerging economies who are proving to be more elastic and responsive to rising food prices than predicted, has created conditions in which growing supplies of fertilizer stocks, in particular phosphate, are unwanted. Already Mosaic Co. (NYSE:MOS), the world’s largest producer of phosphate and second largest of potash, announced earlier this week plans to reduce its production of phosphates by as much as 250,000 tons over the next three months in response to shrinking demand and falling spot prices, the Wall Street Journal report

Potash prices too, though better protected by a limited supply base from singular marketers in North America and the former Soviet Union, are not immune to weakening global demand