This should give the potash industry a boost! I knew the change in control of Uralkali would lead to this. The price dump made no sence economically for the potash majors....But it did suppress the juniors and possibly put the BHP project back a few years.
UPDATE 1-Russia's Uralkali to up potash price for China by 10 pct
Tue Jul 29, 2014 4:55am EDT
(Reuters) - Russia's Uralkali, the world's largest potash producer, said it may increase the price for a new 2015 supply contract with China by 10 percent, pressing efforts to restore prices to levels seen before last year's slump.
http://www.reuters.com/article/2014/07/29/russia-uralkalii-idUSL6N0Q41XD20140729
