Potash Prices, Trends & Forecasts | Provided by Procurement Resource

 Potash is made of several potassium compounds, essentially crude potassium carbonate. The names fertilizer potassium, caustic potash, potassa, and lye are commonly used for potassium hydroxide. Potassium oxide is called potash in fertilizer terminology. Potash soap is a soft soap produced from lye leached from wood ashes.

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Massive reserves of potash are found on the earth that can fulfill the needs of humans for centuries to come. Because potash is derived from the earth this fertilizer form is not synthetic or produced by using chemicals and hence, it can be simply recycled using lengthy geological procedures.

Canada, Russia, Belarus, and China are the leading potash producing countries worldwide.

Key Details About the Potash Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potash price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Potash Price Trend, chart, including India Potash price, USA Potash price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potash Price Trend:

Potash consists of numerous inorganic compounds of potassium contained in a water-soluble form. Potash is utilised in several sectors, most broadly used in the agricultural sector. A sizable volume of potash is employed to make fertiliser. Potash’s use in the agriculture sector as a fertiliser is critical since it contains high levels of plant nutrients which support the growth of the crops, such as root strength and resistance to diseases.

In addition, potash is also used in the production of industrial chemicals. Some of the other utilisations of potash are in ceramics, water conditioners, detergents, manufacturing glass, and snow and ice melting. Moreover, potash is crucial in producing the global food supply, and there is no alternative to this substance.

Key Players:

• Nutrien Limited
• The Mosaic Company
• Intrepid Potash Inc
• Arab Potash Company
• EuroChem Group AG
• Thermo Fisher Scientific Inc.

News & Recent Development:

• March 30, 23: The company Brazil Potash is preparing to invest an enormous USD 2.5 billion in its Autazes potash project to demonstrate a substantial landmark for its valued potash project. This project is anticipated to have an output of 2.2Mt/y with the objective of extracting and processing sylvinite to make Potassium Chloride. The Autazes potash project operation will be based 112km from Manaus, Amazonas state, and is projected to fulfil 20 percent of the total volume of Potassium Chloride used around Brazilian crops.

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