Potash Price War To Pressure Profits Through 2014
A price war in the potash market is pushing down profits and inciting political tension, making for a difficult investment environment at least through the end of next year. With a small number of players controlling a large swath of global potash sales, Citi Research analysts Andrew Benson and Tina M. Fordham think it’s only a matter of time before the sector returns to oligopolistic pricing, but most companies are better avoided in the short term.
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