Reports of China deal send fertilizer stocks soaring
posted on December 2, 2009 at 1:04 pm
Fertilizer stocks are flying today on news, reported by Industrial Minerals http://www.mineralnet.co.uk/Article/2350062/Potash-market-flat-in-November.html , that China and Belarusian Potash are negotiating a contract for as much as 850,000 metric tons.
Such a deal would be huge for fertilizer producers and stock since even the most optimistic analysts haven’t seen China buying potash in 2009. Read more
