Just found this article related to PotashCorp. The writer mentions that there is too much Potash production..? Can anyone enlighten me as to the current market dynamics. I have read that over the next few years demand will outstrip supply.
CIBC analyst Jacob Bout said ICL's operations are relatively low cost, but the "last thing PotashCorp needs is more potash capacity" as it already has far more capacity than it is selling.
K2P Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held