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>> In summary, demand for fertilizer will increase substantially in the upcoming years as increases in demand will drive up pricing. Since most commodity bull runs last 10-15 years, there could be an increase of pricing with respect to potash for the next seven years or so. Another thing to remember are the existing contracts that will be expiring at lower prices coupled with the fact emerging market demand for fertilizer will likely increase as farm land acreages are likely to remain the same with the exception of Brazil. The excess capacity that POT is developing will prepare them for an even longer run if there is still increased demand going forward. Even if the ethanol situation is replaced in upcoming years with more hybrids or even liquified natural gas, it seems that increased demand will still need to be met as China's middle class will continue to grow and their current production increases will likely not meet their demand, while India's population growth will someday likely make it the largest country in the world. I believe that POT is not only a good play in the next year, but also should see increases in earnings at least through 2011. Potash Corp. has major control in global potash pricing, and they could scale back some of their new mines if commodity pricing decreases. << Gruß Austin12 |
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| aus der Diskussion: | Bei Kali & Salz (716200) sind größere Kursverluste zu erwarten !!! |
| Autor (Datum des Eintrages): | Austin12 (27.08.08 22:40:31) |
| Beitrag: | 6,546 von 13,283 (ID:34884640) |
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