Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Potash price

Jul 13, 2009 04:16AM

Re: Potash price

in response to by
posted on Jul 13, 2009 08:42AM

Does anyone know the current trading price for Phosphate, as opposed to Potash?

Knowing that a Russian company lowered their contract price for Potash to $460 per metric ton, may not be good news for the industry, but I am more concerned with the price of Phosphates.

Legend will make money starting in Q4 as long as the price of Phosphates remains above $150. USD per metric ton. Last I heard, that price was holding steady in the $150. range and was expected to rise as pent up demand and decreased inventories drive contracts higher moving towards the new year.

Please somebody share a current update on Phosphate prices.

Thanks


Jul 13, 2009 09:14AM

Jul 13, 2009 10:31AM
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