# K+S cuts output, sees lower earnings on weak potash demand

> K+S will cut potash fertiliser production by up to 300,000 tonnes by year-end, reducing core earnings by as much as 80 million euros. The company attributed the decision to a weak market and continuing Chinese import bans on standard potassium chloride. K+S said the cut was the right decision despite being difficult.

- Date: 2019-09-23 · published 2019-09-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/57411-k-s-cuts-output-sees-lower-earnings-on-weak-potash-demand
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Chinese import restrictions are depressing global potash demand, and producers cutting output signals continued weak pricing. This is a bearish signal for potash prices through the end of the year.

## Read by commodity

- POTASH: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-kpluss-outlook/ks-cuts-output-sees-lower-earnings-on-weak-potash-demand-idUSKBN1W81UD/?feedName=businessNews&feedType=RSS

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.