As I tweeted yesterday (@timseymour) Potash prices are moving higher as Canpotex and Russia's Uralkali (URALL, quote) say they won’t support potash prices below $300/t in Asia.  

Image courtesy Uralkali

Uralkali potash mining in Russia

Meanwhile, in Brazil a shortage of granular potash for January and February delivery is forcing up prices for March.

Expect between $350-360/tonne which is the first rise of substance in months. Stay long POT (POT, quote) to 200mda. Then lets talk.sg2014011532786

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