Intrepid Potash Q2 Profit Dipped 24%

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Fri, Aug 7, 2009
Potash Company News
Post by Melissa Pistilli, Potash Senior Reporter

Fertilizer maker Intrepid Potash Inc posted a 24 percent dip in second-quarter profit, hurt by lower demand.

Chief Executive Bob Jornayvaz stated:

Potash sales volumes continue to be at reduced levels as dealers showed greater hesitancy to refill their inventories and to take on price risk during the second quarter.

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