# PotashCorp raises 2017 profit estimate based on strong demand for potash  | Globalnews.ca

> PotashCorp raised its 2017 earnings estimate to 45-65 cents per share, about 25 percent above its January forecast, citing strong potash demand in all markets. Its first-quarter spot potash price was US$166 per tonne, below the US$178 of a year earlier.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71820-potashcorp-raises-2017-profit-estimate-based-on-strong-demand-for-potash
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Stabilizing potash demand and prices that appear to have bottomed suggest fertilizer costs are leveling off, supporting a firmer outlook for crop input prices.

## Read by commodity

- POTASH: bullish ▲

## Sources

- globalnews.ca: https://globalnews.ca/news/3408469/potashcorp-raises-2017-profit-estimate-based-on-strong-demand-for-potash/

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