Insights and Stories on Potash Prices

May. 9, 2017 at 3:48 pm CDT

Frankfurt | Reuters — German potash miner K+S vowed it would not have to undercut rivals on price as it brings two million tonnes of new potash capacity to the North American market next year. Faced with the gradual depletion of its domestic reserves over the next 35 to 40 […]

By Reuters

Apr. 27, 2017 at 5:39 pm CDT

Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer producer rose 1.6 per cent in early New York trading, touching a three-week high. Revenue was lower in the first […]

By Rod Nickel, Swetha Gopinath

Jul. 11, 2016 at 12:41 pm CDT

Minsk | Reuters — The Belarussian businessman who last week acquired a 20 per cent stake in Russian potash producer Uralkali said on Monday it would be in everyone’s interest to restore an alliance between Uralkali and Belarus, the world’s two biggest potash miners. Uralkali and the Belarussian Potash Co. […]

By Andrei Makhovsky

Jan. 19, 2016 at 4:07 pm CST

Reuters — Weak conditions in the potash market will not improve any time soon, PotashCorp’s CEO said Tuesday as the fertilizer company announced it would suspend operations “indefinitely” at its New Brunswick mine. Potash Corp said it was putting its new Picadilly mine near Sussex, about 75 km northeast of […]

By nicole-mordant, Swetha Gopinath

Oct. 23, 2015 at 7:54 pm CDT

Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and […]

By Reuters