Mosaic (MOS) announced its 4Q16 earnings on February 7, 2017. It reported adjusted EPS (earnings per share) of $0.03 against analysts’ estimate of $0.13.
PotashCorp reported diluted EPS (earnings per share) of $0.07 for 4Q16, which missed analysts’ estimate of $0.09 per share.
In this series, we’ll focus on stocks of major seed companies, crop protection services, and crop nutrient companies. Most of them are moving positively YTD.
Fertilizer affordability Earlier in this series, we saw how NPK (nitrogen, phosphorus, and potassium) fertilizer prices moved in the week ended February 17, 2017. Comparing these prices to crop prices…
Monoammonium phosphate prices MAP (monoammonium phosphate) is the second-most-used phosphate fertilizer after DAP (diammonium phosphate). In December 2016, MAP prices in Brazil were below this year’s low, at $329 per…
Muriate of potash prices MOP (muriate of potash) is the key potash fertilizer (XLB) (SPX-INDEX) used globally. Like fertilizer prices, MOP prices have fallen significantly over the years. Falling potash…
Natural gas costs Natural gas is key to nitrogen fertilizers. It can account for as much as two-thirds of total production costs for natural gas–based nitrogen fertilizer producers such as…
Phosphate fertilizers Last week was mostly positive for DAP (diammonium phosphate). Phosphorus fertilizers (XLB)(SPX-INDEX) are becoming more important as the awareness of balanced NPK (nitrogen, phosphorus, and potassium) fertilizer application grows.…
Urea fertilizer Urea is the most globally used nitrogen fertilizer. According to the International Fertilizer Industry Association, urea accounts for 56% of all nitrogen fertilizers consumed globally. CF Industries (CF),…
The week ended February 17, 2017, was negative for agricultural fertilizer stocks. In this series, we’ll take a look at the performance of eight major publicly listed agricultural fertilizer companies.
Barrick Gold (ABX), Buenaventura Mining (BVN), AngloGold Ashanti (AU), and Harmony Gold (HMY) are trading above their 20-day and 100-day moving averages.
The gold-silver spread was trading at 68.3 on February 16, 2017. The spread suggests that it took almost 68 ounces of silver to buy a single ounce of gold.
The RSI levels for mining giants Newmont, Silver Wheaton, AngloGold, and Hecla rose due to their rising stock prices.
Palladium has seen an upward movement, rising almost 16.5%. The demand for the metal is strongly outstripping its supply.
Platinum is known for its use in jewelry and as an autocatalyst for diesel-based automobile engines. The demand has been very fragile over the past few years.
On February 13, 2017, Chemours (CC) announced an agreement with DuPont (DD) to resolve all indemnification obligations between them.
On February 16, 2017, Huntsman received approval from the IRS to keep a 40.0% interest in Venator Materials.
On February 14 and 15, 2017, Eastman Chemical (EMN) announced a price increase for acetic acid by $0.03 per lab in North America and Latin America.
On February 15, 2017, Air Products & Chemicals (APD) announced price hikes for its liquid and bulk industrial gas products in the North America.
On February 14, 2017, Celanese (CE) raised its selling price for LDPE (low-density polyethylene) resin polymers by $0.06 per pound, effective March 1, 2017.