Potash prices are down, but the stocks are looking attractive


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: The storage warehouse at Nutrien's Cory potash mine near Saskatoon on Aug. 12, 2019. Weaker potash prices, reflected in the latest Canpotex contract, could weigh on profits for the rest of 2023.Nayan Sthankiya/Reuters Potash prices are in the dumps, but the battered shares of companies that produce the crop nutrient have been nudging higher, suggesting the worst days for the sector may be behind it. The hope now: A prolonged comeback is in the works for stocks such as Germany’s K+S AG and Canada’s Nutrien Ltd., whose share prices are down 56 per cent and...