# PotashCorp expects markets to continue improving in 2018 | The Star Phoenix

> PotashCorp will temporarily halt production at its Allan and Lanigan mines for a total of 18 weeks starting next month, with an undetermined number of temporary layoffs. The company said potash demand is robust and expects continued improvement into 2018, despite record quarterly sales. Year-to-date earnings are up 45 per cent.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/68781-potashcorp-expects-markets-to-continue-improving-in-2018-the-star-phoenix
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Curtailing output at two major mines tightens potash supply through winter, supporting prices while demand stays strong. Buyers should watch for firmer potash offers as the shutdowns take effect.

## Read by commodity

- POTASH: bullish ▲

## Sources

- thestarphoenix.com: https://thestarphoenix.com/news/local-news/potashcorp-expects-markets-to-continue-improving-in-2018

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