# Uralkali lifts demand forecast on improving potash outlook

> Russian potash producer Uralkali raised its 2017 global potash consumption forecast on improving demand. First-half net revenue rose 23% year-on-year to $1.095 billion, while net profit was roughly halved partly due to rouble devaluation against the dollar. The company reported higher production and sales volumes.

- Date: 2017-01-01 · published 2017-01-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73305-uralkali-lifts-demand-forecast-on-improving-potash-outlook
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A firmer global potash demand outlook from a major producer points to tighter fertilizer supply and supportive potash pricing, which raises input costs for crop producers and eventually feed grain costs.

## Read by commodity

- POTASH: bullish ▲

## Sources

- dialnet.unirioja.es: https://dialnet.unirioja.es/servlet/articulo?codigo=6559359

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