Friday, November 4, 2022

Potash market mystery

 


The graph shows Nutrien's 14% loss today. It is worrying why a very stable product - fixed production potential and fixed demand - can suffer such variations. It never goes under the minimum but a less-than-expected quarter profit (still enormous) can decrease its price by 14% or maybe 30%. I don't understand, have to think why a temporary disappointment can do this. 



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