Uralkali Pulls Back Chinese Spot Sales in Effort to Lift Contract Prices
Potash – Bloomberg reported that Uralkali has reduced rail shipments to China in an effort to put downward pressure on spot market sales and prices.
Potash – Bloomberg reported that Uralkali has reduced rail shipments to China in an effort to put downward pressure on spot market sales and prices.
Potash – Reuters reported that Russian Uralkali may delay two of its potash project expansions, potentially for a decade, depending on the course of action taken by BHP Billiton.
Potash – Caution from one of the world’s largest potash producers is likely to temper 2013 potash demand figures, but will not significantly change projected growth for the industry as a whole.
Potash – Bloomberg reported that Uralkali has agreed to cut cut prices for China's Sinofert Holding Ltd. (297) by $70 a metric ton.
Potash – Reuters reported that Russian miner Uralkali is forecasting a hike in potash demand for 2013.
Potash – Potash Ridge's $20-million initial public offering created a stir in the potash market.
Potash – Potash producers are optimistic about their 2013 demand projections, however, some financial firms remain skeptical.
Potash – Reuters reported that Uralkali plans to cut potash output by 2 million tonnes in the December to March to curb excess supply.
Potash – Bloomberg reported that Uralkali believes that China is reluctant to sign long-term contracts, and may switch to the spot market.
Potash – Reuters reported that Uralkali's board of directors are considering a share buyback programme.
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