Bulls Return to Uralkali on Ruble’s Plunge, Potash PricesBulls Return to Uralkali on Ruble’s Plunge, Potash Prices
By Halia Pavliva
Nov 4, 2014 8:47 PM CT
Bloomberg
Uralkali expects to sign a new supply contract with China by the end of this year and anticipates a “higher price” than the $305 per ton under the current agreement, Chief Executive Officer Dmitry Osipov said in a Sept. 15 interview with Bloomberg television in New York.
“Demand for potash is picking up and so does the price,” Rajesh Singla, analyst at Societe Generale in Bangalore, India, said by phone on Nov. 3. “The next potential catalyst for the stock is the price on Uralkali’s future supplies to China.”...