Tampa 2Q Sulfur Price Concluded
The Tampa second-quarter sulfur price has been concluded at $116/lt, a rollover from the first-quarter price.
All Posts from April 30, 2018
Nutrien Cuts Production Citing Rail Delays
Nutrien Ltd., Saskatoon, has announced temporary layoffs of over 600 employees and the idling of production at its Allan and Vanscoy potash mines in Saskatchewan, according to Bloomberg, with the company citing a need to manage inventory amid rail shipment challenges.
“We don’t really think it’s going to impact our potash output for the year,” a spokesman said. He said the return to operations will depend on rail capacity. The company said rail delays have caused inventories to pile up and Nutrien is working with the railways to ship what it can. However, a spokesperson for Canadian National, which handles most of the rail deliveries from the two mines told the CBC that it is current with all deliveries at Nutrien and its orders. CN acknowledged delays in January but maintained that it was able to rebound in February and March and move all orders for Nutrien and Canpotex.
Disclaimer of Warranty
All information has been obtained by Green Markets from sources believed to be reliable. However, because of the possibility of human or mechanical error by our sources, Green Markets or others, Green Markets does not guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.
For additional details visit our Terms of Use.
All information has been obtained by Green Markets from sources believed to be reliable. However, because of the possibility of human or mechanical error by our sources, Green Markets or others, Green Markets does not guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.
For additional details visit our Terms of Use.