Allana Says Concerns for Potash Supply Glut Overblown Allana Potash Corp., the Canadian developer of a $642 million potash mine in Ethiopia, says predictions of a global oversupply of the crop nutrient are overblown because competing projects are being put on hold.
June 10, 2013 - Bloomberg
Edmund Daukoru in International Herald Tribune Daukoru said oil prices had been softening because of milder-than-usual winter weather and because "there is a substantial oversupply in the market and new non-OPEC production is expected to come on-stream very soon."
President Bush in FOXNews Bush said "it's going to take time to work through this oversupply" in the housing market, but suggested that the financial market may need additional help.
The Monster Abyss in Economic Times There is no discipline,said Chris Park, a senior analyst at Moody's Corporate Finance Group. "Steelmills suffer very often from oversupply, price correction and margin loss too."