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Message: Potash prices may have seen the worst

Potash prices may have seen the worst
The first quarter marked the return of potash demand for Potash Corp., as sales rose to 2.3 million tons, up from 1.7 million tons in the fourth quarter of 2013 and 1.5 million tons in the third quarter of 2013. However, the average potash realized priced dipped even further. Potash Corp. sold its potash for an average $250 per ton in the first quarter, which is not an encouraging sign prior to Mosaic's and Agrium's first-quarter reports.

With that said a floor is reached and prices should strengthen if Belarus and Uralkali form a reunited cartel.

Allana's BFS OPEX is one of the lowest in the world, and quite possibly the lowest... This is why ICL partnered and provided 100% offtake with 80% Take or Pay....

http://www.fool.com/investing/general/2014/04/30/2-factors-supporting-shares-of-potash-corp.aspx

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