potash is increasing tremendously and so is the price...
Chinese fertilizer importers agree to pay over 300% more than what they
paid almost a year ago.
Canpotex has agreed to sell potash in 2008 to Sinofert Holdings for
$576/on more than $400/ton higher than the price it paid a year ago.
Belarussian Potash Corp., also agreed to raise prices to Chinese
importers by $400/ton.
Both Canpotex and Belarussian have agreed to sell potash to India for
$625/ton in 2008, more than double the price the country paid in 2007.
Not to be like all those comparing Visa to Mastercard but try POT and
MON for some price comparisons.
Intrepid Potash IPO next week!
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