Traders Dump Potash Stocks As Pricing Power Expected to Drop
July 30, 2013 at 09:58 AM EDT
Potash companies saw shares plummet more than 25 percent in the pre-market Tuesday as the makers of the key fertilizer were hit by news that margins were set to fall as market prices for the key agricultural component decline. Overnight, Vladimir Baumgartner, the CEO of the world's largest potash producer OAO