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Potash prices have firmed this year, and fertilizer stocks rose after an Indian potash contract settled above prior levels. Mosaic gained more than Nutrien because Nutrien's retail business dilutes its exposure to rising fertilizer prices.
Firmer potash prices support fertilizer margins and signal a stronger global price floor for crop nutrients. The stock moves reflect the price rebound rather than a new supply or demand shock.
theglobeandmail.comDavid MilsteadAug 30, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
