Fertilizer names are in play this morning, as Uralkali is said to be near an acquisition of Silvinit.
Uralkali is a Russian potash supplier, and is part of the potash cartel that controls the worlds supplies of potash.
This should benefit other potash names like Potash Corp. (NYSE:
POT), Mosaic (NYSE:
MOS), as well as nitrogen and phosphate names like CF Industries (NYSE:
CF) and Terra Nitrogen Company, L.P. (NYSE:
TNH).
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