PotashCorp Cuts Earning Forecast
Oct. 17, 2012 09:34AM PST
Potash InvestingReuters reported that PotashCorp (TSX:POT, NYSE:POT) reduced its full-year earning forecast again, blaming delays with Chinese and Indian buyer contracts.
Reuters reported that PotashCorp (TSX:POT, NYSE:POT) reduced its full-year earning forecast again, blaming delays with Chinese and Indian buyer contracts.
As quoted in the market report:
Indian fertilizer buyers are unlikely to agree to new potash contracts until December at the earliest, the head of Indian Farmers Fertiliser Co-operative (IFFCO), one of India’s biggest fertilizer makers, said last week.