Potash Corp To Slash Production
Potash Corp of Saskatchewan has said it will slash 2009 production by around 20%, or 2mmt, due to falling demand.
Most of the production loss will come in the first quarter of the year, after that Potash Corp says it expects demand to increase as stocks deplete.
In the current market I wouldn't bet on it.
Most of the production loss will come in the first quarter of the year, after that Potash Corp says it expects demand to increase as stocks deplete.
In the current market I wouldn't bet on it.