Potash is a key ingredient in fertiliser. The world needs fertiliser to grow food. As the global population is growing, and getting richer on average, demand for food is growing. So the outlook for potash is very healthy.
Russian potash producer Uralkali has pulled out of the Belarus Potash Corporation, which consists of itself and another producer, Belaruskali. The export cartel is one of two that control around 70% of the potash market in total.
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