# Looking for Clues to Fate of Fertilizer Rally Amid Surplus – by Jen Skerritt and Megan Durisin (Bloomberg News – October 25, 2017) – Republic of Mining

> North American fertilizer producers are seeing late-season price gains, but investors are questioning how long they will last given a global surplus. Canpotex reported it is sold out through December on strong demand, and PotashCorp forecast record global potash shipments of 62 to 65 million tonnes.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68389-looking-for-clues-to-fate-of-fertilizer-rally-amid-surplus-by-jen-skerritt-and
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Canpotex being sold out and record shipment forecasts signal firm potash demand that supports prices. The lingering global surplus is the main risk to further gains.

## Read by commodity

- POTASH: bullish ▲

## Sources

- republicofmining.com: https://republicofmining.com/2017/10/26/looking-for-clues-to-fate-of-fertilizer-rally-amid-surplus-by-jen-skerritt-and-megan-durisin-bloomberg-news-october-25-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.