Canadian potash shipper Canpotex says fully committed through March

Mon Jan 9, 2017 10:43am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

WINNIPEG, Manitoba (Reuters) - Canpotex Ltd, the seller of Canadian potash to offshore markets, said on Monday that its planned shipment volumes are fully committed through March.

Demand is strong to start 2017 because potash inventories in major markets are lower year over year, Canpotex said in a statement. The Saskatoon, Saskatchewan based company is owned by Potash Corp of Saskatchewan (POT.TO: Quote), Mosaic Co (MOS.N: Quote) and Agrium Inc (AGU.TO: Quote).

(Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Chizu Nomiyama)

 
A Canpotex rail car waits to be loaded with potash at the Rocanville Potash Corp mine in Saskatchewan September 30, 2010. REUTERS/David Stobbe