Uralkali does not expect to increase its potash prices in Q1 2012 as buyers remain cautious owing to the global economic uncertainty, the Russian potash producer confirmed to IM.
“In the short term, market uncertainty is expected to continue, and under such conditions it will be difficult for new prices to be accepted,” CEO Vladislav Baumgertner said quoted by Reuters at a conference in Moscow on Wednesday.
Baumgertner however revealed that “there could be a decision in Q2 with regard to...