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Chemical Week Magazine :: Basic Chemicals & Plastics

Potash Market Poised to Expand

11:40 AM MDT | June 1, 2012 | CW Staff

Potash industry majors including Canadian firms Potash Corp. and Agrium, as well as players in Europe and Russia, have announced investments to keep pace with rising demand. Global supply is about 68 million m.t., according to BMO Capital Markets (Toronto) and proposed expansions will take supply to about 84 million m.t. by 2016 and about 96 million m.t. by 2020. Producers, industry analysts, and investors agree that if all the new production is built it will outstrip demand growth and tip the market long. But not all expansions will be executed and that only a...

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