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K+S cuts long-term potash price assumptions

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K+S cuts long-term potash price assumptions

Germany-based potash and salt producer K+S expects potash prices to rise in the short and medium term, but its assumptions on long-term prices have been cut, the company said today. Overall, the company said the adjustments will contribute to a one-off non-cash impairment loss on assets in the Europe+ operating unit of $2bn in the third quarter.

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K+S cuts long-term potash price assumptions

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K+S cuts long-term potash price assumptions

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