Uralkali Deal Seen Failing to Mend Trust Among Potash Suppliers
"Billionaire Mikhail Prokhorov’s planned purchase of a stake in OAO Uralkali opens the door to reviving a global marketing venture, while failing to restore potash prices undermined by mistrust and high stockpiles.
Prices for the crop nutrient won’t increase significantly for a year or more following the acquisition, after a 30 percent slump, Elena Sakhnova, a VTB Capital analyst in Moscow, said by phone yesterday. ..." weiterlesen
www.bloomberg.com/news/2013-11-18/...ong-potash-suppliers.html