In what looked like the beginning chassimages of the end of

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Is cooperation between the world's largest potash producer Potash Company of Belarus National - returns? chassimages According to a report in The Times Moskow two largest shareholders of that company, embracing the idea of a return to cooperation with Blarroskli.
In what looked like the beginning chassimages of the end of "War of potash", which gripped the global fertilizer industry in recent months, Dimitri Rzomov (Dmitry Razumov) Mncc"l Aonksim (Onexim) -21.75% holding in that company Russian newspaper said that renewal chassimages of cooperation with Belarus would be good for both sides . "that company feels comfortable with the current situation - we sell 100% of our inventory and produce at the lowest chassimages cost in the industry," said Rzomov and added: "However, cooperation between companies can only help everyone." Uralchem which owns 20% of that company, responded and said that they agree with the comments of Rzomov.
Expected talks between the companies may end dispute of more than six months between Russia and Belarus, which erupted chassimages after that company's decision to abandon the common cartel (BPC), which was responsible for 40% of global potash exports. Bblarroskli required to replace the owner of the company as a precondition for reconciliation.
ICL is controlled by Idan Ofer is highly dependent on prices of the three basic raw materials it mines potash, phosphate and bromine. chassimages Its main dependence is the price of potash, since this field was responsible for approximately 65% of operating income in the first half of 2013, the high profitability chassimages of its potash operations is also reflected by the higher operating income of this area of activity, which was 42% of revenues for the past six months. This operating profit rate is much higher than the operating profit of the other fields of activity of ICL stood at 11% -14%.
Russian cartel dissolution ICL grabbed most sensitive point in time, but recovered slightly since the company along with other potash companies shares due to changes in control of that company and the struggle of the Russian government. chassimages However, summarizing the last 12 months the stock has lost 35% of its value on the TASE.
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