Uralkali Q1 revenue drops 6% as potash demand remains low in key markets
Published: Tuesday, 30 June 2015
Weak consumption of potash globally and lingering issues with the company’s flooded Solikamsk-2 mine have resulted in lower revenue, production and sales volumes for the Russian miner, despite higher y-o-y potash selling prices.
Russian fertiliser company Uralkali OAO has reported a 6%
drop in net revenue year-on-year (y-o-y) to $612m for the first
quarter of 2015, as low demand and currency fluctuations
adversely affected the company’s...