TSXV:AAA.P - Post by User
Comment by
skip_rickon Apr 28, 2011 3:30pm
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Post# 18502563
RE: Why is potash corp down? (Chappy)
RE: Why is potash corp down? (Chappy)Chappy, I certainly agree with you.
It's the simple law of economics - supply & demand.
Like any item up for auction, the best bidder eventually wins.
If India chooses to refuse to pay the price, & China does, guess who wins?
With the demand for fertilizer increasing because of a food (staple) shortage, & the supply of fertilizer getting narrower, what's gonna happen?
You guessed it.
India loses.
Skipper