Potash prices have climbed as high as USD$1000.00 pt!!
http://www.reuters.com/article/marketsNews/idUSL2373043220080423?pageNumber=1&virtualBrandChannel=0&sp=true
"Uralkali (URKAq.L: Quote, Profile, Research) said its export trader, Belarusian Potash Co (BPC), would raise its spot price to Asian markets to $1,000 per tonne on a cost and freight basis. Prices to Brazil from July 1 would rise to $1,000-1,010 per tonne, an increase of 65-66 percent on the current quarter.
"These price increases are driven by the continuous growth of global demand, historically low inventory levels and unprecedented tightening of supply for the remainder of 2008," Uralkali President Vladislav Baumgertner said in a statement.
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