Mosaic Envisions Record 2015 Global Potash Sales

Mosaic Co. announced it was forecasting record global sales in both potash and phosphate shipments in 2015, bucking the trend of recent potash companies which have expressed slight concerns in a declining market.

According to Reuters:

The world’s largest producer of finished phosphate products said 2015 global shipments look to reach 64.5 million to 66.5 million tonnes, up from 64 million to 65 million this year. Mosaic forecast global shipments of potash, which it mines in Western Canada, would increase to between 58 million and 60 million tonnes from 57 million to 58 million.

Jim Prokopanko, chief executive officer, said:

Yeah, there’s ups and downs, dips and valleys, but the trend is unrelenting. It is upward.

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