Potash Corp., Agrium Caught in Industry-Wide Downturn [View article]
I do not understand the apparent relationship between the share price of POT and the price of oil. POT seems to track the price of crude. Potash is NOT even a commodity contrary to what some mistakenly believe. A commodity has futures; potash does not. So why the apparent tracking of POT and oil?
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I do not understand the apparent relationship between the share price of POT and the price of oil. POT seems to track the price of crude. Potash is NOT even a commodity contrary to what some mistakenly believe. A commodity has futures; potash does not. So why the apparent tracking of POT and oil?
Aug 06 08:39 am
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All Comments by WACG »Potash Corp., Agrium Caught in Industry-Wide Downturn [View article]