The Footnote Is Where the Tonnes Went
Mosaic idled Faustina completely and put Bartow at 40% of rate, and said so in the fourth sentence of a cost-of-goods paragraph. Westlake now subtracts its own closed plants from its own volume comparison. Chemours guided next year's capital to two fifths of depreciation. Everything that moved since Monday, and the gauge at Kaub reading 20 centimetres while it did.
Mosaic idled a fertilizer plant in Louisiana completely, and cut another one in Florida to 40% of rate.
You will not find that in a press release. It is the fourth sentence of a paragraph about cost of goods sold, in a quarterly earnings release that went out after the close on Tuesday.
"When a producer takes capacity down and never announces it, where does it actually surface?"
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