Uralkali Lowers 2012 Projections

MarketWatch reported that Russian potash miner Uralkali lowered projections for Q4 and for 2012, blaming dwindling demand in China and India.

As quoted in the market report:

Our production target for 2012 was 10 million tons, but now we believe that the production figure will be 9.3 million tons,” said Oleg Petrov, director of marketing and sales for Uralkali.

To view the whole MarketWatch report, click here.