Alleged Foul Play Could Benefit the Fertilizer Industry
The dust has hardly settled in the potash market since the Belarusian Potash Company stirred everything up a month ago. Now, news has broken that the CEO of former BPC partner, Uralkali, has been detained on charges of abuse of power. This potash industry leader has helped BPC distribute more than 40% of global potash exports, but the recent break up threw the markets into disarray. With a potential pricing war on the horizon, this most recent headline appears to be beneficial for PotashCorp of Saskatchewan and its peers. The following video goes into more detail about who else might be affected by these latest transgressions.
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The article Alleged Foul Play Could Benefit the Fertilizer Industry originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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