March 9, 2017 / 7:22 PM / a year ago

BUZZ-Potash producers: Belarus ready to cooperate with Uralkali

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** U.S.-listed shares of potash producers rise

** Belarusian President Alexander Lukashenko ready for compromise in cooperation with Russia’s Uralkali, one of the world’s largest potash producers

** Potash market struggling with lower prices due to fierce competition after Uralkali's JV with Belarusian potash producer Belaruskali collapsed several years ago (

** Scotiabank analysts believe potential Belaruskali-Uralkali cooperation will not create any real economic benefit to the potash market

** Belaruskali is already more disciplined than Uralkali, and Uralkali’s high debt load likely to continue - Scotiabank

** “Belaruskali has now built relationships in all key potash markets and therefore no longer requires Uralkali’s professional management” - Scotiabank

** Potash Corp of Saskatchewan Inc up 3.4 pct, ICL Israel Chemicals Ltd 3.8 pct, Agrium Inc 3.7 pct, Mosaic Co 1.2 pct

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