bhp view on potash, page-2

Interesting article Blake.

BHP obviously see a very good long term investment in Potash, so their ideas have not changed since their failed takeover of Canadian Potash Corp.

Some other analysts have recently predicted a big year for Potash in 2013, though the latter half of 2012 may see some further softening.

Large markets are expected from India, China, Africa and South America in 2013. At the moment though, countries like India are not restocking because they believe they may be able to purchase at a cheaper price in the latter quarter of this year.

So it may not be until around Q2 2013 that we see a rebound in Potash stocks. Either way, as a long term investment, the sector looks sound (excepting for another global financial meltdown).

Gw