Canadian fertilizer company Agrium Inc expects North American potash producers to strike a deal with Indian importers in February or March, ending a long standoff, Chief Executive Mike Wilson said on Wednesday.Agrium, along with rivals Potash Corp of Saskatchewan and Mosaic Co sell potash to off-shore markets through the jointly owned Canpotex Ltd.Canpotex negotiates contracts with buyers in China and India, setting a floor for spot sales to other markets such as Brazil.China held out months longer than expected before agreeing to a six-month potash contract with Canpotex in late December, while India remains on the sidelines.
Agrium Inc. (Agrium), is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU traded higher by 0.51% or $0.58/share to $113.73. In the past year, the shares have traded as low as $74.28 and as high as $115.31. On average, 772051 shares of AGU exchange hands on a given day and today's volume is recorded at 596053.
Agrium Inc. (Agrium), is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU traded higher by 0.58% or $0.66/share to $114.01. In the past year, the shares have traded as low as $77.50 and as high as $116.38. On average, 529956 shares of AGU.TO exchange hands on a given day and today's volume is recorded at 331397.
Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. Shares of POT traded higher by 0.35% or $0.15/share to $43.02. In the past year, the shares have traded as low as $36.73 and as high as $48.00. On average, 3875590 shares of POT exchange hands on a given day and today's volume is recorded at 4408077.
Source
