Potash Continues to Have Promise

Source:

"Scotiabank Group's Patricia Mohr predicted potash prices will tighten next year 'with onward growth in world consumption in the face of only limited new mine and mill capacity expansion.'"

Mineweb

Scotiabank Group's Patricia Mohr Wednesday predicted potash prices will tighten next year "with onward growth in world consumption in the face of only limited new mine and mill capacity expansion."

Spot potash prices for overall sales in Southeast Asia and Brazil/Latin America are up 43% yr/yr, Mohr noted.

Nonetheless, Mohr forecasts, "Supply/demand conditions should tighten further in 2012, with onward growth in world consumption in the face of only limited new mine & mill capacity expansion.. .View full article

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