China’s drought may catapult potash demand

Potash Investing News reports potash prices may go higher with China’s demand.

A quick rebound in potash demand could spell disaster for farmers. High fertilizer stockpiles mean that demand may be hard to meet when growers start buying. Yes, this sounds counterintuitive; however, as stockpiles reached record highs after six months of slow sales shippers idled trains. Now, a lack of readily available transport will create a lag time to freighting fertilizer from storage to farm.