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PotashCorp. Q4 2014 sales rebound from 2013 pricing shock as market recovers

By James Sean Dickson
Published: Thursday, 29 January 2015

A strong Q4 recovery for 2014 relative to 2013 was inevitable, as potash prices rebounded from deep 2013 lows. PotashCorp. is taking a conservative view of 2015, expecting slightly lower shipments than were seen in the record year of 2014.

Net income for Canada-based Potash Corp. of Saskatchewan (PotashCorp.) has risen by 76% year-on-year (y-o-y) to $407m for Q4 2014, reflecting a pricing recovery after a rocky 2013 for potash.

Full year (FY) 2014 net income, however, fell by 14% y-o-y to $1.5bn, showing that while prices have substantially recovered from...

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