Room for Potash Prices to Rise Without New Competition: Uralkali

AG Professional reported that Uralkali has commented that there is likely room for potash price growth, even without bringing new players into the market, like BHP  intensifying competition.

As quoted in the market report:

The few established producers in the market are holding potash prices at $450-$500 per tonne, however, around three times production costs but still low enough to act as a barrier to new entrants, Uralkali’s Oleg Petrov said in an interview.

To view the whole AG Professional report, click here.