Potash producers have started this year with more competition and a supply glut caused by lower demand from top clients, such as China and India.
Tag: Saskatchewan
Chinese Potash Deals to Define Potash Industry This Year
Canadian, Russian and Belarusian fertilizer producers are expected to sign contracts with their Chinese customers in the near future. The price that China pays for
Gensource Potash Shifts to Vertical Integration
Gensource Potash said earlier this week that it had signed an asset purchase agreement and term sheet for an offtake agreement with Yancoal Canada Resources.
Potash Corp Likely to Revise 2016 Earnings Outlook
This year’s earnings guidance of Potash Corp of Saskatchewan has already started to look a bit shaky following the continuous decline in potash prices, which
Potash Corp’s Shared Downgraded Amidst Oversupply
Paradigm Capital has downgraded shares of Potash Corporation of Saskatchewan (United States) to Sell from Hold due to continuously depressed prices and oversupply. The mood among farmers
Jansen Potash Mine Expected to Start Production in 2020s
Jansen Potash mine is a project of the world’s largest mining company, BHP Billiton, and it is set to be one of the world’s largest
Potash Corp of Saskatchewan Curtails Output at Two Canadian Mines
Potash Corporation of Saskatchewan said yesterday (25 February) that it would cut production at its two Canadian mines for four weeks due to increasing pressure
Agrium’s Earnings Beat Expectations despite Low Potash Price
Agrium Inc., a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of
Saskatchewan’s Economy Suffers Amidst Weak Potash Outlook
Saskatchewan’s economy is increasingly getting into troubles as low fertilizer prices are undermining its economic and budget outlook after the crude oil shock had already
2015 Review: A Very Disappointing Year for Potash Corp
In 2015, the shares of Potash Corporation of Saskatchewan have fallen by more than 48 percent, marking one of the company’s most disappointing annual performances.