Eba Ebi

POT: The Commodity Surprise of the Year

The Japanese sale includes massive delivery charges and does not reflect a potash price of 900. Common knowledge. It is so sad to see a bubble pop while people watch in denial.

As the price goes down, production will have to increase in order to make profit, creating a vicious cycle. Do the potash companies really think that they can make money while cutting production, and keep the price artificially high? Of course not, and anyone who thinks that's the way it works is living in fairyland.