
K+S narrowed its 2026 EBITDA guidance to €700–750 million from €680–760 million, raising the midpoint by €5 million. Third-quarter EBITDA slipped to €108 million from €111 million as higher energy and logistics costs and a Bethune maintenance shutdown offset stronger prices and de-icing salt demand.
The forecast assumes oil at $100 a barrel and gas at €90/MWh.
The company sees tighter global potash supply supporting prices at the low end, while expected overseas price increases did not materialize, which caps the upside. Potash is a fertilizer input, so stable-to-firm potash prices raise farm input costs rather than feed commodity prices directly.
Not 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.