financetom
Business
financetom
/
Business
/
Mosaic Lowers Phosphate Volume Guidance for Q2, Fiscal 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mosaic Lowers Phosphate Volume Guidance for Q2, Fiscal 2025
Jun 6, 2025 5:30 AM

08:07 AM EDT, 06/06/2025 (MT Newswires) -- The Mosaic Co. ( MOS ) said Friday it now expects Q2 phosphate sales volume in the range of 1.5 million to 1.6 million tonnes, down from its prior range of 1.7 million to 1.9 million tonnes.

Production volume for fiscal 2025 is now anticipated to range between 7 million and 7.3 million tonnes, compared with the previous range of 7.2 million to 7.6 million tonnes, the company said.

Mosaic said it continues to expect potash sales volume for Q2 in the range of 2.3 million to 2.5 million tonnes, adding that fiscal 2025 production volume outlook also remains unchanged in the range of 9 million to 9.4 million tonnes.

Phosphate price outlook for Q2 was lifted to the $650-to-$670 per tonne range from $635 to $655 anticipated previously while potash prices are anticipated to be stable, according to the company.

Mosaic's stock was down nearly 5% in recent Friday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault
Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault
Jun 20, 2025
BEIJING (Reuters) -China's Geely said on Friday it and its parent Geely Holding would take a combined 26.4% stake in a joint venture controlled by its French partner Renault as the two seek to produce and sell cars jointly in Brazil. The two automakers have entered an agreement that would see Renault take 73.57% in the venture that would focus...
Market Chatter: SoftBank Founder Pitches $1 Trillion Arizona AI Hub to Taiwan Semiconductor
Market Chatter: SoftBank Founder Pitches $1 Trillion Arizona AI Hub to Taiwan Semiconductor
Jun 20, 2025
06:29 AM EDT, 06/20/2025 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) could be a partner in SoftBank Group founder Masayoshi Son's planned $1 trillion industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported, citing people familiar with the matter. Son has pitched the Project Crystal Land to Taiwan Semiconductor, the unnamed sources told the...
Exclusive-Jeep maker Stellantis weighs sale among options for Maserati, sources say
Exclusive-Jeep maker Stellantis weighs sale among options for Maserati, sources say
Jun 20, 2025
MILAN (Reuters) -Stellantis ( STLA ) is considering a possible sale of its struggling luxury Maserati unit, among other options, two sources with knowledge of the matter said, as the automaker seeks to overhaul its sprawling portfolio of 14 brands. Discussions over Maserati's future started before new CEO Antonio Filosa, who starts on Monday, was appointed last month, while Stellantis...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved