Uralkali lifts demand forecast on improving potash outlook

By Yoke Wong
Published: Tuesday, 29 August 2017

Russian potash producer Uralkali has revised its 2017 global consumption forecast amid higher sales volume and improving demand outlook.

Increased sales volume lifted Russian potash producer Uralkali OAO’s earning in H1, and the improving demand outlook prompted the company to revise its 2017 consumption forecast, it said on 28 August.

Driven by growth in sales, Uralkali’s net revenue rose 23% year-on-year (y-o-y) to $1.095m in the first half...

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