Potash
Overview
The potash market has been disrupted from its traditional trade flows and typically slow-moving price cycles, affected by new entrants, new mines, military conflicts and political tensions in countries that either produce or consume some of the largest quantities of potash in the world. The need for accurate insight and data is more acute than ever.
Our extensive potash coverage includes MOP, SOP and NOP. Argus has many decades of experience covering the potash market and we incorporate our multi-commodity market expertise to provide potash price assessments, analysis and data that provides the full narrative.
Argus support market participants with:
- Weekly potash price assessments, proprietary data and market commentary
- Short and medium to long-term forecasting, modelling and analysis of potash prices, supply, demand, trade and projects
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Latest potash news
Browse the latest market moving news on the global potash industry.
Trump tariff could hit Canada potash to US
Trump tariff could hit Canada potash to US
Houston, 27 November (Argus) — US president-elect Donald Trump's plan to impose tariffs on all imports from Canada and Mexico could increase potash prices in the US. Trump said Monday via social media that he would he would slap 25pc tariffs on all products from the two neighboring countries after he takes office on 20 January. For the US fertilizer market, the greatest potential impact would be on potash. Canada provided 87pc of all US potash imports at 11.7mn metric tonnes in the fertilizer year ended in June, according to US Census Bureau data. The potential tariffs put Canadian suppliers in a tight spot. They could cut prices to mitigate importers' higher costs. Or they could hold prices steady to maintain netbacks but risk losing sales in the US market on which they rely and have extensive distribution networks. US Corn Belt MOP prices have dropped to around $300/st fot in November. With a 25pc tariff added on, importers would need to sell MOP at $375/st fot to receive the same margins. Canadian producers could also eat some of the tariff cost, as they have limited alternative markets for US volumes. The overall impact remains unclear and "too early to tell," according to market participants. One potential sign of the tariff threat taking effect would be if US buyers move up winter fill buying to December to get ahead of the 20 January deadline. Canada could retaliate with its own tariffs, just as Mexico has said it would consider . Trump, who used tariff negotiations as a negotiation tactic in his first presidential term, could also end up exempting fertilizer products from his proposed tariffs, according to market participants. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Roof collapse halts MOP output at Mosaic facility
Roof collapse halts MOP output at Mosaic facility
Houston, 25 November (Argus) — Mosaic halted MOP production at its Colonsay processing facility in Saskatchewan, Canada, after the roof collapsed early last week. The processing facility is part of Mosaic's larger Colonsay mine site, which has capacity to produce 1.5mn metric tonnes (t) of potash annually. But the mine only produced 600,000t in 2023. Mosaic said it did not anticipate impacts to its overall fourth quarter sales. No time line was given on when production will come back online. Mosaic is still investigating what caused the collapse. There were no negative impacts to potash reserves or personnel, according to the company. In the third quarter, Colonsay's production was reduced because of electrical issues at the mine. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
India's RCF issues tender for MOP and 10-26-26
India's RCF issues tender for MOP and 10-26-26
London, 15 November (Argus) — Indian importer RCF has floated a tender for 30,000t of standard MOP and 30,000t of 10-26-26, closing on 18 November. Shipments are to be made to any of India's east coast ports before 30 November. Suppliers can submit offers for either or both products. Offers should be valid until 22 November. The MOP supplied should be red, pink, white or off-white. The NPK is requested to be white or off-white. RCF also has pending tenders for 15-15-15 and 20-20-0+13S. Fellow importer Fact recently awarded its 10 October tender to buy 40,000t of standard MOP to Russian fertilizer producer Uralkali at $283/t cfr with 180 days credit, the prevailing contract price in India. By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Nutrien begins work on new fertilizer facility in WA
Nutrien begins work on new fertilizer facility in WA
Sydney, 12 November (Argus) — North American fertilizer producer Nutrien has started work on a new A$70mn ($46mn) fertiliser distribution centre and storage facility at Kwinana port in Western Australia (WA) after a fire damaged some port infrastructure at the Kwinana bulk jetty on 9 February. The fire damaged Nutrien's bulk fertilizer site holding granular products, an import system conveyor, associated transfer towers and a shed leased for the storage of fertilizer while the company's liquid bulk fertilizer storage and chemical manufacturing facilities were unscathed. Nutrien expects the new distribution centre to be operational in 2026. The new site will be located at East Rockingham, 2km away from the previous facility at the Kwinana bulk jetty, and will increase the company's bulk granular fertilizer storage capacity by 20pc to 130,000t. The new facility will feature three undercover outloads, more slots for storage, twin blending lines, pits and wheel washers on site for trucks. It will also have dedicated loading equipment with improved loading systems that will allow for improved loading speeds and operating conditions. The new distribution centre will complement Nutrien's other WA facilities ,which include a liquid fertilizer manufacturing plant, research facilities and more than 70 stores throughout metropolitan and regional WA. Since the fire, the Fremantle Ports Authority has supported Nutrien to continue operating at the Kwinana bulk jetty to meet the needs of its customers. The bulk jetty is owned and operated by Fremantle Ports, handling bulk commodities such as fertilizers, sulphur, cement clinker and petroleum products. "Nutrien will continue to supply farmers with fertilizer from its existing Kwinana site throughout the 2025 season prior to the new East Rockingham facility becoming operational," managing director Kelly Freeman said in a press statement. By Tom Woodlock Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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