K+S Profit Beats Estimates
Bloomberg reported that German potash producer K+S beat analysts' estimates in its fourth quarter results.
Articles Tagged "germany"
Steady potash stockpiles fuel production cuts
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 earlier. This data has prompted Potash Corp of Saskatchewan [...]
Potash producers in Canada, Russia and Germany are cutting back production
Potash producers in Canada, Russia and Germany are cutting back production to try to shore up market conditions. For full story, click here
K+S seen up after positive Q3 results
German fertiliser supplier K+S may rise 5.4 % in early trade, according to pre-market data from brokerage Lang & Schwarz, after the company said its Q3 operating profit rose more than sixfold on surging demand for the plant nutrient potash. For full story, click here
