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phosphate's decline offers food for thought

  1. hotlegs8693
    432 Posts.
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    02/01/12
    00:25
    Post #: 9500599

    Phosphate's decline offers food for thought as market ignores fundamentals

    by: Robin Bromby
    From:The Australian
    January 02, 201212:00AM


    THERE'S always something new to worry about these days. Contrary to the lyrics of that song in Casablanca, the fundamental things do not always apply as time goes by.

    If there was one thing you should have been able to hang your hat on in 2012, it was anything to do with food, especially with all indicators showing prices will keep rising in 2012 regardless of economic outcomes. Demand from China, losses of arable land, floods and droughts will all see to that.
    RUM Price at posting: 34.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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