The $20-billion potash market has been under a dark cloud since last July.
That’s when the world’s largest potash producer Uralkali ADR (URAYY) left the Belarusian Potash Corporation export cartel.
This cartel and North America’s Canpotex cartel — comprised of the Potash Corporation of Saskatchewan (POT), Mosaic (MOS), and Agrium (AGU) — once controlled two-thirds of the global potash supply. (more)
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