Bulletin Updates
Fertilizer industry has never heard of these kind of margins: Top line up 50%, bottom line up 138% – 10 Feb 2023
Feb 10, 2023
These kinds of figures were unheard of before in the fertilizer industry, where the top line grows by 50% and the line growth by 138%.
Look at the data this way: ammonia prices jumped 4%, phos acid 80%, gas around 96%, potash 103%.and yet the company made so much money
That means higher prices have been passed on
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