The drama for potash producers has entered a new phase. China's sovereign fund has converted a bond holding into equity and now owns 12.5% of Uralkali, the company that started the drama when it pulled out of Belarus Potash Corp. a couple of months ago. Should investors in PotashCorp , Mosaic , and others cheer because the worry about falling potash prices is over? Or is this just another step in a story that's doing nothing but roil the markets? Watch the video below to find out.
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The article China Takes a Big Stake in Potash originally appeared on Fool.com.Jim Mueller is a senior analyst for Motley Fool Stock Advisor and has no position in any stocks mentioned. Alison Southwick has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.