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An overview of Saskatchewan's potash industry explains the latest cutbacks, including the Cory layoffs and temporary halts at two other sites. The province's three main producers operate nine mines with capacity above 30 million tonnes, about half of global demand.
Coordinated supply cuts across Saskatchewan address global oversupply and could support potash prices if they continue. The outlook depends on demand recovery and new capacity such as K+S Legacy and Jansen.
thestarphoenix.comAlex MacPherson, Saskatoon StarPhoenixNov 24, 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.
