Potash shares rise as Putin says dispute needs to be resolved

|About: Potash Corporation of Saska... (POT)|By:, SA News Editor

Potash stocks are up sharply pre-market, apparently on reports that Russian Pres. Putin says he wants to resolve the country's bitter potash dispute with Belarus.

Putin's spokesman had said earlier that Russia needed to study all Belarus claims before coming to any conclusions; harsher statements from Russian PM Medvedev suggests a possible split between the Kremlin and Medvedev's government in their commitment to support Uralkali.

Premarket: POT +3.1%, MOS +3.6%, IPI +3.5%.