I know we are a long way from production but good to see the big global producers on the way up.
Maybe the recent price increases in MOP are flowing through to their bottom lines.
Maybe analysts are updating their models which show higher valuations due to the price rises.
Anyway, in the LAST 2 WEEKS:
K+S are up 12% to a EU$4 bill market cap
Israel Chemical Co are up 13% to a US$8 bill mc
Mosaic are up 25% to a US$14bill mc
Nutrien (the old potashcorp and Agrium) are up 12.5% to a US$35bill mc
Lets hope this trend continues into 2019 and beyond.
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