IHS Chemical Week

World News and Views :: Top of the News

Lower Selling Prices, Decreased Potash Sales Volumes Drive Down PotashCorp's Earnings

4:07 AM MST | January 28, 2010 | Kerri Walsh

 PotashCorp's fourth-quarter net income dropped 69%, to $243.6 million (80 cts/share) because of lower selling prices for potash, phosphate, and nitrogen. Selling prices decreased because customers were resistant to commit to inventory restocking, Potash says. A fall in potash sales volumes, especially from offshore markets, also led to the decline in earnings, Potash says. The consensus of analysts estimates as reported by Thomson Reuters was for 78 cts/share. Sales fell 41%, to about $1.1 billion. The fourth quarter marked the "beginning of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa