Potash Price Close to all time highs – Future Outlook
Recent retraction in commodity prices has not affected the spot Potash price which remains close to an all time high in September/October 2008 at US$865 per tonne or A$1300 per tonne. The resilience of the Potash market appears to be due to three factors :-
• very low inventories in USA and China
• the small number of producers (worldwide) struggling to meet demand, and in the shorter term,
• the effect of strikes in Saskatchewan at mines of the worlds largest potash producer, Potash Corp.
november presentation, page-11
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0.9¢ |
Change
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Mkt cap ! $14.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 615000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2539287 | 2 |
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