K+S Forecasts Significant Gain in 2011 Profit on Prices, Demand
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K+S AG, Europe’s biggest potash producer, forecast a significant gain in 2011 operating profit, driven by higher demand and prices for the crop nutrient.
Sales volumes of potash and magnesium products will probably just exceed 7 million tons next year, up from the expected 6.7 million tons to 6.9 million tons in 2010, Kassel-based K+S said in a statement on its website.