Increasing Demand Boosts K+S Profits
Bloomberg reported that K+S AG (FRA:SDF1) beat estimates with its first quarter profit results.
Bloomberg reported that K+S AG (FRA:SDF1) beat estimates with its first quarter profit results.
MarketWatch reported that Mosaic Corp. (NYSE:MOS) said it anticipates increased demand to boost its potash sales volumes.
Reuters reported that Russian potash producer Uralkali (LSE:URKA) has reduced its 2012 production target due to a drop in global demand.
Reuters reported that K+S (FRA:SDF) has a more positive outlook for potash demand than many of its competitors.
Mining.com reported that Potash Corp.'s (NYSE:POT) COO sees demand for potash increasing this year.
Reuters reported that Canpotex CEO Steven Dechka is seeing an end to weak potash demand.
Agrimoney reported that Intrepid Potash (NYSE:IPI) sees potash demand rising again as spring approaches.
Agrimoney reported that Credit Suisse downgraded fertilizer stocks on higher potash inventories and lower demand.
Business Standard reported an interview with Mosaic Corp. (NYSE:MOS) CEO James T. Prokopanko.
Cold weather in Europe and a warm winter in the US have pushed grain prices higher in past weeks as many fear losses of spring yields. Despite concerns, high commodity prices are a strong incentives for farmers to plant record acreage and increase potash purchases.
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