Potash Industry Faces Potential Issues Because of Consolidation of the Market
Mar. 08, 2013 08:39AM PST
Potash InvestingMining Weekly reported that CRU has warned of potential issues with potash supply, given that the bulk of potash production is concentrated to a few producers.
Mining Weekly reported that CRU has warned of potential issues with potash supply, given that the bulk of potash production is concentrated to a few producers.
As quoted in the market report:
With the potash industry, the level of consolidation in the market is notable; around 80% of production comes from the top dozen producers,” Burnside said, before highlighting the cost of developing a major potash project and the inevitable drag this has on lead times.