{"id":458021,"date":"2021-03-15T16:18:16","date_gmt":"2021-03-15T20:18:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458021"},"modified":"2021-03-15T16:18:16","modified_gmt":"2021-03-15T20:18:16","slug":"intrepid-announces-20-increase-to-trio-price","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/","title":{"rendered":"Intrepid Announces $20 Increase to Trio\u00ae Price"},"content":{"rendered":"<div class=\"mw_release\">\n<p>Denver, CO, March  15, 2021  (GLOBE NEWSWIRE) &#8212; Intrepid Potash Inc. (NYSE:IPI) (\u201cIntrepid\u201d) today announced the following increase to its Trio<sup>\u00ae<\/sup> price.<\/p>\n<p>\u00b7Effective March 15, 2021, Intrepid increased its Trio<sup>\u00ae<\/sup> price by $20 per ton on all product grades. Trio<sup>\u00ae<\/sup> price is now posted at $80 per ton above the 2020 summer-fill price.<\/p>\n<p>\u201cThe strong fertilizer season continues as solidly profitable farm economics support robust application across virtually all markets.\u201d said Bob Jornayvaz, Intrepid&#8217;s Executive Chairman, President, and CEO. \u201cWe are seeing strong commodity markets around the world as evidenced by rising prices across a suite of farm commodities such as soybeans, corn, cotton, sugar, cocoa, palm oil, forage crops, fruits, and vegetables and also rising prices in industrial commodities such as copper and oil, traditional harbingers of improving global economics and growth. We have a strong book of sales through the second quarter and expect customers will continue to replenish warehouses as the season continues. We expect to achieve this higher pricing on spot tons in the second quarter.\u201d<\/p>\n<p>\n        <strong>About Intrepid: <\/strong>\n      <\/p>\n<p>Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. Intrepid is the only\u00a0U.S.\u00a0producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio<sup>\u00ae<\/sup>, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. Intrepid also provides water, magnesium chloride, brine, and various oilfield products and services.<br \/>Intrepid serves diverse customers in markets where a logistical advantage exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production. Intrepid&#8217;s mineral production comes from three solar solution potash facilities and one conventional underground Trio<sup>\u00ae<\/sup>\u00a0mine.<\/p>\n<p>Intrepid routinely posts important information, including information about upcoming investor presentations and press releases, on its website under the Investor Relations tab. Investors and other interested parties are encouraged to enroll at\u00a0<a href=\"http:\/\/intrepidpotash.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">intrepidpotash.com<\/a>, to receive automatic email alerts for new postings.<\/p>\n<p>\n        <strong>Forward-Looking Statements:<\/strong>\n      <\/p>\n<p>This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management&#8217;s control) that may cause Intrepid\u2019s actual results in future periods to differ materially from anticipated or projected results. Forward-looking statements in this press release include, among others, statements regarding Intrepid\u2019s expectations for future Trio<sup>\u00ae<\/sup> pricing and its ability to achieve that price in future spot markets. An extensive list of specific material risks and uncertainties affecting Intrepid is contained in its Annual Report on Form 10-K for the year ended December 31, 2020, and other quarterly and current reports filed with the Securities and Exchange Commission from time to time. Any forward-looking statements in this press release are made as of the date of this press release, and Intrepid undertakes no obligation to update or revise any forward-looking statements to reflect new information or events.<\/p>\n<p>\n        <strong>Contact:\u00a0 <\/strong><br \/>\n        <br \/>Matt Preston, Vice President of Finance<br \/>Phone:\u00a0 303-996-3048<br \/>Email: matt.preston@intrepidpotash.com<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM0MSM0MDY1MDY1IzIwMDk2ODA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4fe1bad0-7386-4f97-aa9a-421400364c83\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Denver, CO, March 15, 2021 (GLOBE NEWSWIRE) &#8212; Intrepid Potash Inc. (NYSE:IPI) (\u201cIntrepid\u201d) today announced the following increase to its Trio\u00ae price. \u00b7Effective March 15, 2021, Intrepid increased its Trio\u00ae price by $20 per ton on all product grades. Trio\u00ae price is now posted at $80 per ton above the 2020 summer-fill price. \u201cThe strong fertilizer season continues as solidly profitable farm economics support robust application across virtually all markets.\u201d said Bob Jornayvaz, Intrepid&#8217;s Executive Chairman, President, and CEO. \u201cWe are seeing strong commodity markets around the world as evidenced by rising prices across a suite of farm commodities such as soybeans, corn, cotton, sugar, cocoa, palm oil, forage crops, fruits, and vegetables and also rising prices in industrial commodities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Intrepid Announces $20 Increase to Trio\u00ae Price&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Intrepid Announces $20 Increase to Trio\u00ae Price - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intrepid Announces $20 Increase to Trio\u00ae Price - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Denver, CO, March 15, 2021 (GLOBE NEWSWIRE) &#8212; Intrepid Potash Inc. (NYSE:IPI) (\u201cIntrepid\u201d) today announced the following increase to its Trio\u00ae price. \u00b7Effective March 15, 2021, Intrepid increased its Trio\u00ae price by $20 per ton on all product grades. Trio\u00ae price is now posted at $80 per ton above the 2020 summer-fill price. \u201cThe strong fertilizer season continues as solidly profitable farm economics support robust application across virtually all markets.\u201d said Bob Jornayvaz, Intrepid&#8217;s Executive Chairman, President, and CEO. \u201cWe are seeing strong commodity markets around the world as evidenced by rising prices across a suite of farm commodities such as soybeans, corn, cotton, sugar, cocoa, palm oil, forage crops, fruits, and vegetables and also rising prices in industrial commodities &hellip; Continue reading &quot;Intrepid Announces $20 Increase to Trio\u00ae Price&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T20:18:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM0MSM0MDY1MDY1IzIwMDk2ODA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Intrepid Announces $20 Increase to Trio\u00ae Price\",\"datePublished\":\"2021-03-15T20:18:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/\"},\"wordCount\":543,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE5MDM0MSM0MDY1MDY1IzIwMDk2ODA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intrepid-announces-20-increase-to-trio-price\\\/\",\"name\":\"Intrepid Announces $20 Increase to Trio\u00ae Price - 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(NYSE:IPI) (\u201cIntrepid\u201d) today announced the following increase to its Trio\u00ae price. \u00b7Effective March 15, 2021, Intrepid increased its Trio\u00ae price by $20 per ton on all product grades. Trio\u00ae price is now posted at $80 per ton above the 2020 summer-fill price. \u201cThe strong fertilizer season continues as solidly profitable farm economics support robust application across virtually all markets.\u201d said Bob Jornayvaz, Intrepid&#8217;s Executive Chairman, President, and CEO. \u201cWe are seeing strong commodity markets around the world as evidenced by rising prices across a suite of farm commodities such as soybeans, corn, cotton, sugar, cocoa, palm oil, forage crops, fruits, and vegetables and also rising prices in industrial commodities &hellip; Continue reading \"Intrepid Announces $20 Increase to Trio\u00ae Price\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T20:18:16+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM0MSM0MDY1MDY1IzIwMDk2ODA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Intrepid Announces $20 Increase to Trio\u00ae Price","datePublished":"2021-03-15T20:18:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/"},"wordCount":543,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM0MSM0MDY1MDY1IzIwMDk2ODA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/intrepid-announces-20-increase-to-trio-price\/","name":"Intrepid Announces $20 Increase to Trio\u00ae Price - 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