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Uralkali Slashes Potash Production Forecast
Jun. 08, 2012 04:18PM PST
Potash InvestingReuters reported that Uralkali (LSE:URKA) lowered its 2012 output forecast citing slower global demand.
Reuters reported that Uralkali (LSE:URKA) lowered its 2012 output forecast citing slower global demand.
As quoted in the market news:
Baumgertner said the company expected global consumption of potash to be flat year-on-year at no more than 57 million tonnes, while industry sales are likely to amount to less than that at up to 52-53 million tonnes.
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