Leading Potash Producers Changing Output Strategy

Reuters reported that some of the world’s largest potash producers may be changing strategy, electing to forgo attempts to curb output to keep prices high.

As quoted in the market report:

Instead of reining in output to support prices, and then selling potash to big buyers in contracts that set a benchmark for other deals, the miners might maximize sales through marketing organizations in what some see as a throwback to cartels of the past for commodities such as coffee, rubber and tin.

To view the whole Reuters report, click here. 

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Danakali-logoDanakali Ltd. (ASX:DNK) is developing the emerging, world-class Colluli Potash Project located just 75 km from the Red Sea coast in Eritrea, Africa. Connect with DNK to receive instant updates.Learn More

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