Strikes and Project Costs Hamper Major Potash Producers
Project costs, labor disputes and concerns regarding "national interest" are front and center in the potash market as companies reassess opportunities.
Articles Tagged "NYSE:POT"
PotashCorp Eager to Increase its Market Share
Potash Corporation of Saskatchewan's bid for Israel Chemicals could have big implications for the potash markets even beyond the borders of Canada and Israel.
Canpotex Limited Signs Supply Deal with Sinochem
Canpotex Limited, owned by Agrium Inc. (TSX:AGU,NYSE: AGU), Mosaic Canada Crop Nutrition, LP and Potash Corporation of Saskatchewan Inc. (TSX:POT, NYSE:POT), announced that it has signed an agreement with that Sinochem Fertilizer Macao Commercial Offshore Limited to supply 1,000,000 tonnes of potash in the first half (January - June) 2013 at price levels which include a US$70.00 per tonne reduction from the last contract price established in March, 2012.
PotashCorp Announces Third Quarter Results
PotashCorp's (TSX:POT, NYSE:POT) announced that their earnings for Q3 fell by 21 percent per share, year-over-year, due to falling sales to China and India.
Potash Corp To Miss Estimates, Close Mines Temporarily
Canadian Business reported that Potash Corp (TSX:POT, NYSE:POT) says that delayed sales from India and China will result in earnings below the low end of their previous target, and in some temporary mine shutdowns
PotashCorp Cuts Earning Forecast
Reuters reported that Potash Corp (TSX:POT, NYSE:POT) reduced its full-year earning forecast again, blaming delays with Chinese and Indian buyer contracts.
CIBC Reduces Price Targets for Potash Corp, Mosaic
The Globe and Mail reports that CIBC has slashed its price targets for Potash Corp (TSX:POT, NYSE:POT) and Mosaic Co. (NYSE:MOS) attributing the shift to a likelihood that supply will outpace demand.
Blackout in India Shines Light on Agriculture and Potash
Weak monsoon rains are wreaking havoc on India’s agricultural markets, and the prospect of drought is unsettling assumptions about upcoming potash demand.
Potash Fertilizer Demand to Reach Record in 2012
Mining Weekly reported that Potash Corp. (NYSE:POT) said it expects 2012 to be a banner year for potash fertilizer consumption.
Potash Corp Expects Five Years to Next New Potash Mine
Reuters reported that Potash Corp. (NYSE:POT) says the time it takes to build a potash mine means no new mines will start for five years.
