Denver — Intrepid Potash Inc. on July 17 announced preliminary sales and production results for the second quarter 2012. Intrepid estimates that it produced 165,000-175,000 st and sold 180,000-190,000 st of potash during the quarter. On a preliminary basis, Intrepid estimates that it produced 30,000-35,000 st and sold 25,000-30,000 st of Trio® during the second quarter of 2012. The company said it intentionally built a modest level of Trio® inventory during the quarter to accommodate larger bulk sales and manage shipments more effectively. The average net realized sales prices during the quarter were $460-$470/st for potash and $315-$325/st for Trio®.
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