25% price reduction imminent for Potash
Potash stocks getting creamed today on news out of Russia concerning consolidation by 2 largest producers forcing a major correction in the price of Potash. AAA, EPO, PPI getting hammered, and talk of BHP postponing the massive Janson project. Canada`s leading economies ie: Alberta and especially Saskatchewan look to get hurt. With a significant price drop in the price of Potash imminent, Where will this leave other fertilizers who have exposure to phosphate projects ? Thoughts anyone.