After a terrible 2019, with falling phosphate prices and low potash demand, things are looking up for Mosaic(MOS) in 2020. Phosphate prices have already rebounded substantially from lows and management is expecting potash prices to do the same. Improving prices, along with exploiting synergies, should set Mosaic up for a strong 2020 and allow it to generate much stronger revenues and earnings. We believe this will be the catalyst for higher prices in 2020.
Phosphates
2019 wasn't kind to Mosaic's phosphates segment, with prices falling precipitously from over $400 per tonne to under