The Potash Market: Ukraine War Creates Fertile Ground for Fertilizer Sellers
Potash, a potassium-based fertilizer mined from the ground, came into sharp focus last year when prices reached record highs following supply disruptions from Belarus and Russia. Some see it as a key commodity not just for agricultural production but also combating global warming.
Now potash producers elsewhere—most notably in Canada—are seeing an opportunity to grab market share. BHP, the world’s largest miner, sees the fertilizer as one of the keys to its future. Will their potash bets pay off?