TSXV:AAA.P - Post by User
Comment by
Stockstag1on Jan 21, 2014 5:39pm
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Post# 22117825
RE:Confidence about higher potash prices soon to hit the Ocean.
RE:Confidence about higher potash prices soon to hit the Ocean. Confidence about higher potash prices also supported some other producers. Germany's K+S was up 2.9 percent in Frankfurt, while Israel Chemicals (ICL) rose 2.8 percent in Tel Aviv. Both outperformed their broader blue-chip indexes, which were up 1.3 percent and 0.9 percent respectively.
Uralkali is signaling that Brazilian buyers will have to pay $350 to $360 per ton on a cost-and-freight basis for granular potash for March volumes compared to the current $320 per ton, JP Morgan said in a note.
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp#MgdhTK9Z3TH8VUrq.99