Your trusted source for investing success

Tag: potash demand

PotashCorp Reports First-Quarter Earnings of $0.18 per Share

Listed: TSX, NYSE
Symbol: POT

Key Highlights

First-quarter earnings of $0.18 per share
Cash provided by operating activities of $223 million
Rocanville ramp-up well underway; on track to reduce company-wide potash cost of goods sold by approximately $10 per tonne in 2017
Full-year 2017 guidance increased to $0.45-$0.65 per share, including merger-related

Execs Weigh in on Macquarie’s Potash Price Outlook

Macquarie Group expects no upside for potash prices in the next four years. Specifically, it sees prices dropping to an average of $270 per tonne in the last quarter of this year, down from the current price of $305, and suggests that prices will average $250 by 2018.

Uralkali Looks to India for Supply Deal Ahead of China

Bloomberg reported that Uralkali (MCX:URKA,LSE:URALL) may opt for a supply deal with India ahead of China for the first time since 2008, which may mean a price increase. China, being the biggest consumer of potash, usually makes the deal first, providing a benchmark price for the year and with India

Lithium Outlook 2015: Expect Continued Consolidation

Between the activity of major lithium producers, mining in China and developments in the wider electric vehicle market, there will be plenty to watch for in the lithium space in 2015. Chris Berry sees continued consolidation in the cards, and believes that while some new supply is expected to enter

Potash Market Showing Signs of Recovery

Industrial Alliance analyst Kiril Mugerman spoke with Resource Investing News about the state of the current potash market. Mugerman also gives his thoughts on juniors potash companies operating in the sector.

Enter Your Log In Credentials
×

Privacy & Legal Policy

Privacy Policy

×
Investing News Network