|Last Price$127.46||Day Change (%)-0.45%|
|Open Price$127.95||Day Change ($)-0.57|
|Day Range126.01–127.95||52-Week Range93.03–130.00|
As of Wed 04/23/2014 12:09 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.