Goldman goes soft on potash and firms up on zircon prices

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Published: Wednesday, 30 July 2014

The US investment bank’s latest research report on fertiliser and mineral sands markets goes against the expectations of many in the industry, by predicting a weakening in prices for potash but gains for TiO2 and zircon. Goldman cites sound economic reasoning behind its forecasts, however, throwing the futures of these markets open to debate.

By Wayne Yamada

US investment bank Goldman Sachs expects weaker potash prices for the rest of this year but believes that mineral sands could start to recover after the downturn in 2013.

Goldman said that the boost in potash demand during the first quarter of this year was only temporary,...

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