Loading…
EuroChem reported record 1H 2021 EBITDA of US$1.6 billion, up 97% year-on-year, on sales of US$4.4 billion. Potash sales rose 25% to 1.25 million tonnes as output increased at its UKK mine, and free cash flow reached US$783 million.
Higher output from a large Russian producer adds potash and urea supply, which is mildly bearish for prices, though the company's results reflect higher prices as well as volume growth.
eurochemgroup.comAug 18, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
