TSXV:AAA.P - Post by User
Comment by
JR__Ewingon Jul 30, 2013 2:46pm
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Post# 21639497
RE:RE:RE:Confirmation
RE:RE:RE:Confirmation
Sdomae... I don't know what would be the price in 2015/2016. So many things can happen in 2-3 years. The demand could increase if India and other countries increase the subsidies on potash (India recently cut that by 15% (see article below)) and the supply could be reduced if brownfield and greenfield projects are cancelled. Today's sell-off is based on the hypothesis that Uralkali will produce at full capacity. Will it be the case? Is it also possible that they continue to act with other producers as an an oligopoly? So many variables that could affect the price.
https://in.reuters.com/article/2013/05/01/india-fertiliser-subsidies-idINDEE94006H20130501