From the Hot Copper board.

Here we go, potash price keeps going up.

China's Sinochem and CNAMPGC urgently signed a contract with BPC, (the joint venture trader for Uralkali and Belaruskali) at beginning of new year, for potash at $400pt which will run from Jan 13 to June 30, valid only for 6 months.

Then Potash marketing company Canpotex Ltd (marketing arm of Potash Corp, Mosaic and Agrium) said on 20th of Ja.2011 that it signed a deal with China's Sinofert Holdings Ltd to supply 600,000 tons of potash during the first six months of 2011. It did not specify the price, it suggested it to be similar to those recently established for new seaborne imports of potash to China. And again, it is only valid for six months.

I'd start to buy back the shares asap before it's too late if I were a trader who sold my shares for trading just recently.

Because, this is not a joke, potash price is seriously going up..! From $350pt to $530pt, just in a few months. Think about the year end!

Cheers.