Weak Potash Prices Cast Shadow on ICL’s Stellar First Quarter Results

CNBC reported that although ICL announced first quarter profits that beat analyst estimates, the weakness in potash prices is creating a new level of concern.

As quoted in the CNBC report:

CL’s sales of potash, a nutrient which improves crop yields, rose 42 percent from the year-ago period to 1.31 million tonnes and the company said increasing volumes in both potash and phosphate fertiliser compensated for lower prices.

To view the whole CNBC report, click here.