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Uralkali Reduces Potash Production Target for 2012
Dec. 21, 2011 11:35AM PST
Potash InvestingBloomberg reported that Uralkali (LSE:URKA) lowered its output target for next year in an attempt to maintain market prices.
Bloomberg reported that Uralkali (LSE:URKA) lowered its output target for next year in an attempt to maintain market prices.
As quoted in the market news:
The company reduced its forecast to 10.5 million to 11 million metric tons from a previous estimate of as much as 11.8 million tons, Chief Executive Officer Vladislav Baumgertner said today in a television interview with Bloomberg’s Caroline Hyde.
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