I bought it in 2015. Will sell in the range of 40-60
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25 is a good price for me to sell
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Russia and Belarus alone produce 30% of all the world's fertilizer. K&S will continue to increase significantly over the medium term. It still has an affordable price.
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correct
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Where can it go? Now around 23 euro
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until 35
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other good news: Russia announced it will stop exporting ammonium nitrate for two months. The chemical compound is used in the agriculture industry as a fertiliser to boost yields for crops like corn, cotton and wheat. Russia is reportedly responsible for around 62 percent of global production
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even w/o sanctions potash prices are subsrantially better than at the beginning of Q1/21...
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watch the price of potash after the EU sanctioned Belarus...taking into account the underlying profit uplift, there is plenty of room for a rally, unless anyone thinks this doesnt last long