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Nutrien shares have recovered toward their post-merger trading level after a recent rally in potash and nitrogen prices. An analyst cites near-record potash demand, sparse new supply and better-than-expected Chinese contract prices ahead.
Firmer potash and nitrogen prices point to higher fertilizer input costs for crop producers and suggest the price trend is still upward.
financialpost.comJonathan RatnerJul 5, 2018Not enough comparable past events yet for a historical read.
Not 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.
