23.12.2010 - Potash to be a top pick in 2011
From Resourceinvestingnews.com: According to the recent report by Scotiabank, an increased demand for potash as crop prices rise has potash poised to be a top commodity pick in 2011. “The price of potash coming into the Port Metro Vancouver topped out in 2008, at about $1000 US per tonne in late 2008,” said Patricia Mohr, a commodities specialist at Scotiabank. However, after the recession hit, potash prices took a significant hit, added Mohr. Potash dropped down to around $350 per tonne. In 2011, potash will benefit from a rapid ascent in the price of “input intensive grains.”.............................................Full Article: Source
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