Reuters reported that Jordan’s Arab Potash Company’s net profits for 2012 fell 34 percent due to a combination of waning global demand and rising fuel costs.
As quoted in the market report:
Net operating income dropped 18.6 percent to 586 million dinars in 2012 against 720 million dinars the previous year, the firm said in a statement.
In the past year, potash prices dropped to a new low. Could this be the perfect buying opportunity?
Get actionable data and industry insights from experts in the potash market. Click below to get your FREE market report on potash investing.