The strongest tenant activity was observed in March – in that month alone the total volume of transactions nearly doubled, reaching 207,000 sqm.
I will ask Felipe. Lithium prices fell significantly during the beginning of the year as we expected. The logistics sector of Hungary is booming with foreign investors continuing to be optimistic about the market outlook. See you at the top! I have two questions. View the Press Release View Presentation Add to Outlook. Thank you.Isabella, it is Gerardo. Over the past few weeks, things have turned upside down and the bulk of consumers moved from the conventional distribution channels to the web.
Well, because of COVID-19, we have not seen an impact on the cost of production in any of our business lines. Please go ahead.Thank you. So what's your expectation there in spite of the impact there on the volumes?
Please go ahead.Hi. And today, most of them are producing as far as we know. So that is also an application that will be negatively impacted.
I understand it's also hard to predict what's going to happen. However, it is reasonable to believe that demand growth in the world of sodium potassium nitrate market, a premium fertilizer, who will not reach the original expectation of 5% to 6%.
The only applications in Ireland that are more inelastic are those related to nutrition which they have proven over the years that independent of the economic cycles, they are very resilient. They have remained diligent in helping and providing support to our neighboring communities in the north of Chile, related to health, social well-being, economic recovery and education.Today, more than ever, these efforts are paramount. Well, first of all, we need to remember that we entered year 2020 with high stock levels in China, OK? So this definitely has an impact on the demand of this specific application. Thank you.Thank you Alex.
Also has there been shift in the regional mix to account for the strong realized potash pricing? There were 1,051,777 sqm under development, and since the beginning of its European operations Panattoni has delivered 10 … That did not stop production.They -- that's been very positive for us, considering that we are trying to allocate a lot of products in those markets. And I would -- I think that the effect, the net effect will not be as high as originally expected this price reduction.But anyway, we are expecting and we know that the price of potash today is lower of what used to be probably one year ago or six months ago, and we are considering this in our projections for the next few quarters. But if that's the case, in a flat demand environment, you expect to build a lot more inventory this year than you thought three months ago -- two months ago.
Europe sales of our lithium was better than expected and was OK. Investing Basics Motley Fool Transcribing (MFTranscribing) May 20, 2020 …
Thank you for the call. Sociedad Quimica y Minera de Chile (NYSE:SQM) Earnings Information Sociedad Quimica y Minera de Chile last issued its quarterly earnings data on August 19th, 2020. But considering SQM inventory, of course, is -- my inventory is not as huge as affecting the financial situation of the company. But well, to be more precise, the capex has not been reduced, but delayed.And we expect that this capex or these expansions or these activities will be catch up as soon as the conditions allow us to bring more people in our facility. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. We do expect to produce between 65,000 to 70,000, even though we are going to increase our market share.