|Last Price$120.31||Day Change (%)0.59%|
|Open Price$119.97||Day Change ($)0.71|
|Day Range119.97–121.55||52-Week Range94.68–136.36|
As of Tue 10/21/2014 12:11 PM EST | USD
We don't see the recent share price declines for metals and mining producers as a buying opportunity on average.
Improved demand should underpin stronger potash and PRB coal markets in 2014.
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
These companies are expected to benefit from a boost in infrastructure spending.