Potash profit up as sales volumes grow

By Reuters
Posted July 29, 2010 at 7:17 a.m.

Potash Corp. of Saskatchewan on Thursday posted a quarterly profit that more than doubled and easily outstripped expectations, as sales volumes more than quadrupled, offsetting lower prices for the crop nutrient.

The company, the world’s largest producer of potash, said it expected global demand to increase roughly 10 percent industrywide to about 55 million tonnes in 2011.

 

Companies in this article

Potash

Read more about this company »

Comments are closed.