K+S has cut 2009, 2010 forecast for global potash sales
K+S AG, Europe’s leading producer of potash has cut its 2009 and 2010 forecast for worldwide sales of the crop nutrient as demand from farmers slipped. For full story, click here
Articles Tagged "forecast"
K+S has seen more significant dip in ’09 profit, sales
German fertiliser and salt maker K+S is bracing for a more significant dip in earnings and sales this year than previously forecast as farmers continue to hold off on potash orders. For full story, click here
Potash Corp. cuts forecast as sales came to virtual stop
Potash Corp. of Saskatchewan Inc., the world’s leading fertilizer producer by market value has declared that 2009 profit will be less than it has previously expected after North American sales of the crop nutrient reached a virtual halt. For full story, click here
Potash declared cut in forecast after sales touch Virtual Halt
Potash Corp. of Saskatchewan Inc., the world’s leading fertilizer producer by market value, declared that 2009 profit will be less than it previously expected after North American sales of the crop nutrient reached a virtual halt. For full story, click here
Arab Potash Company forecasts lower output
The Arab Potash Company Disclosures Financials Chart Data, Jordan’s second-largest firm by market capitalisation has forecasted that the company has incurred lower production levels due to dwindling demand but maintains that higher profits can nevertheless be achieved as companies renegotiate annual distribution contracts. For full story, click here
Steady potash stockpiles fuel production cuts
By Leia Michele Toovey- Exclusive to Potash Investing News According to the latest data form the Fertilizer Institute, potash inventories at North American producers are 42 per cent higher than the previous five-year average. North American potash shipments in the month of February were down 80 per cent from the same month period a year [...]
K+S 2009 profit forecast on a drop in demand
K+S AG, Europe’s largest producer of potash used in fertilizers, forecast “significantly” lower earnings this year after demand dropped for the crop nutrient potash and magnesium products. Christian Faitz, a Frankfurt-based analyst at Sal. Oppenheim Jr & Cie, said: There’s a clear buyers strike in the market. For full story, click here
Potash prices at record high
By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices have soared in recent years. What was once a commodity worth about $200 a tonne is now expected to fetch $1,500 by 2020. According to Scotiabank economist Patricia Mohr potash purchasers are currently paying US$872.50 per tonne at the port of Vancouver. “It is at a [...]
K+S may raise full year profit forecast
K+S, Europe’s largest potash manufacturer, may raise its full-year profit forecast due to rising prices of Potash. For full story, click here
K+S ups earnings forecast
Germany’s K+S raised its earnings guidance due to rising potash prices. For full story, click here
