Slumping Demand for Potash Triggered 42% Slide in Profits
Agrium Inc., North America’s third-largest fertilizer producer, declared second-quarter profit slipped 42 per cent as demand for potash declined. For full story, click here
Articles Tagged "producer"
Potash Corp. has cut quartely Outlook on Weaker Sales
Potash Corp of Saskatchewan Inc, the world’s leading fertilizer producer, cut its second-quarter earnings targets on Thursday, due to substantially lower than expected potash sales volumes, sending shares down 7.8 percent in after-market trade. For full story, click here
Agrium has posted a loss of $60 mln as sales sag
Agrium Inc., North America’s third-leading fertilizer producer, posted a first-quarter loss of US$60-million as demand and prices for crop nutrients dipped. For full story, click here
Agrium has posted $60 mln loss as potash sales dip
Agrium Inc., North America’s third- leading fertilizer producer, posted a first-quarter loss of $60 million as crop-nutrient prices and demand dips. For full story, click here
K+S lost 2.7%
K+S, Europe’s largest producer of potash used in fertilizers is reported to have lost 2.7 percent to 39.62 euros. 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
