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PotashCorp will lay off 100 permanent and 40 temporary workers at its Cory mine in Saskatchewan from February through Q3 2017. It will also curtail Allan and Lanigan output, consistent with matching supply to demand.
Production cuts by the world's largest fertilizer company tighten potash supply and can support prices from low levels. The move signals producers are responding to persistently weak prices.
financialpost.comSunny FreemanNov 23, 2016Not 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.
