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Mining Weekly reported that sulfate of potash (SOP) may offer an advantage to investors that they have yet to cash in on.
Mining Weekly reported that sulfate of potash (SOP) may offer an advantage to investors that they have yet to cash in on.
As quoted in the market news:
Sulfate of potash (SOP) is a chloride-free fertiliser suited to sensitive crops such as fruits and nuts. Standard SOP traded over five years to mid-2013 in northwestern Europe for 20% more than granular muriate of potash (MOP), but that premium averaged 50% in 2014 as supplies became short and MOP prices fell, said Paul Burnside, manager of fertiliser analysis at consultancy CRU.