Uralkali OAO, the world’s second-largest producer of potash fertilizer, is looking to buy potash assets as well as a distribution network for its products, its chief executive said in an interview.
Global demand for the soil nutrient potash, key for growing crops like corn, looks likely to climb to between 56 million and 60 million tonnes in 2013, depending largely on a potential sales rebound to India, the chief financial officer of Potash Corp of Saskatchewan (POT.TO) (POT.N) said on Thursday
Sirius Minerals, aiming to make Britain a significant exporter of potash, on Monday unveiled its plans to convince the authorities it can mine the mineral, used as fertiliser, without harming the prized national park where the huge deposit lies.
Rising population and middle class standards in developing countries, easy monetary policies in developed countries, and less than optimal agricultural conditions in the U.S. (drought), India (weak monsoon season), Russia (drought), and Australia (drought) are leading to higher food prices.
India is expected to lead the global demand for potash, a soil nutrient, according to the chief financial officer of PotashCorp, which held an online question and answer discussion Thursday.
Some of the world’s biggest fertilizer companies are banking that the aftermath of the worst U.S. drought in 56 years will boost sales, as U.S. farmers seek to cash in on high crop prices.
one of the world’s largest potash producers, has published prices for Q4 2012 for Russian compound fertiliser (NPK) producers and industrial consumers.