Note that URKA is the lowest cost producer globally (cash cost of $171/ton on a delivered basis vs. its nearest peer at US$205/t and industry average cash cost of c.US$240/t). We note however that potentially lower prices might induce higher demand," he added.
It's not $116, Abbaman7 is full of sh.....t
why do I hear $62 for uralkali and $100 for Potash? Is this just the cash costs excluding depreciation and amortization to remove the stuff from the ground? Maybe with depreciation and transportation you get a much higher number. seems like different methods of 'cash costs' are being used. Uralkali claims and industry average of $200 which sounds much closer to your figures of $240.