Russia potash row seen causing global market turbulence and a price drop
date:Aug 29, 2013



Belarus this week detained the chief executive of Russia's Uralkali (URKA.MM), the world's top potash producer, accusing him of inflicting severe economic damage.

Moscow demanded the release of CEO Vladislav Baumgertner. Uralkali controls 20 percent of the world market and is partially owned by Suleiman Kerimov, a billionaire with close ties to Russian President Vladimir Putin's administration.

We are very concerned as to how things will develop next. Chinese firms must have suspended signi
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