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K+S's Q3 2018 earnings call described a challenging quarter hit by extreme drought in Germany. Potash revenue rose on higher overseas MOP prices and growing Canadian output, while the Bethune ramp-up improved in quality and volume.
De-icing salt volumes in North America rose by more than 500,000 tonnes on strong prestocking.
Higher overseas MOP pricing and the Bethune ramp-up are supportive for potash, while drought-related disruption in Germany highlights weather-driven supply risk.
roic.aiNov 15, 2018Not 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.
