Articles Tagged "k+s"

K+S AG dipped 2.2 percent

K+S AG,  the region’s leading producer of potash used in fertilizers, slipped 2.2 percent after Russia’s OAO Uralkali reported quarterly output tumbled on a sharp drop in demand. For full story, click here

Potash Corp. released market analysis report

As per Potash’s Corp’s recent market analysis report, the company pointed out that producer inventories have swung from record lows to 39% above the five-year average. Potash players ranging from PotashCorp to K+S and Intrepid Potash have been very disciplined in their supply response. For full story, click here

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

K+S dip on lower potash prices

Shares in German potash supplier K+S declined 5.1 percent after news that Russian rival Uralkali will cut prices to Brazil by 25 percent from this month. For full story, click here

Are potash giants guilty of collusion?

By Leia Michele Toovey- Exclusive to Potash Investing News. If there was a bright spot in the commodities market in 2008, it would have to be Potash. Potash prices are up significantly compared to last year, and despite an expected short-term credit crunch, the long-term outlook is for growing demand. Potash companies have been under [...]

K+S sees no end to potash price rise

Potash maker K+S said on Wednesday that the fertiliser boom is set to continue due to demand from farmers. Chief Executive Norbert Steiner said in a statement: It is also becoming ever clearer that the capacity growth in the potash industry … will at best only be able to keep up with this demand growth, [...]

The strike continues as share prices fall

By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp of Saskatchewan (TSX: POT) has stopped production at its Cory mine because of a strike that started last week.  The strike began after the company’s mediated talks with the United Steelworkers union broke off August 7.  No further talks have been scheduled with the [...]