The Calgary-based potash company, Karnalyte, went through a roller coaster ride as the its stock had spiked almost 50 percent following the announcement that the
Tag: PotashCorp
Market Analysis by PotashCorp: This Year’s Potash Prices Are at the Bottom
$219 is the price that Chinese customers will pay for potash from the Belarusian state-producer Belaruskali. The price that is 30 percent lower than last
“Brexit Effect” on PotashCorp
Britain’s decision to leave the European Union has left global markets in turmoil including potash markets. Brexit has led to a major sell-off as investors
PotashCorp May Borrow Money to Pay for Dividend
Although PotashCorp’s CEO Jochen Tilk confirmed recently during an investor conference that there would not be another cut in dividend this year, investors are still
PotashCorp Still Amidst Challenging Market Conditions
The profits of the Canadian potash giant, PotashCorp, plummeted roughly 80 percent between January and March 2016 due to weak fertilizer prices and reduced potash
New Brunswick to Assess Remnant Potash Resources
The New Brunswick government said last week that it would hire a third-party consultant to evaluate the remaining potash resource in the province’s Penobsquis potash
Market Analysis: Fertilizer Industry Poised to Reach $151.8 billion by 2020
According to the recent report published by the IndustryARV, the fertilizers market is estimated to reach $151.8 billion by 2020. The global market, which was
Canpotex as ‘OPEC’ and PotashCorp as ‘Saudi Arabia’ of the Potash Industry
Potash prices have gone down by US$15 per ton to US$282 per ton from US$297 since March this year. In the light of last week’s
PotashCorp’s Storage Facility near Hammond under Construction
A huge fertilizer storage facility is being built in the Gibson Yard part of Hammond. The facility that employs between 100 and 120 contract employees
PotashCorp on the Lookout to Buy Stakes in “Strategic” Companies
CEO of the Potash Corporation of Saskatchewan, Jochen Tilk, said last week that the company was looking into options of buying stakes in other fertilizer