Compass Minerals point to large pre-season orders as Q3 salt revenues rise

By James Sean Dickson
Published: Tuesday, 04 November 2014

Revenues are largely derived from an insurance pay-out for this quarter, though the y-o-y growth would be substantial without it. The harsh US winter of 2013/2014 resulted in significant salt destocking, which caused a larger than usual number of Q3 orders as customers prepare for the upcoming winter.

Kansas, US-based Compass Minerals Inc. has reported a Q3 year-on-year income growth of 77.3%, excluding special items, as sales prices and volumes of its sulphate of potash (SOP) and rock salt products increased — the latter because of a harsh US winter.

Rock salt incomes rose for the quarter...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.