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MercoPress, en Español

Montevideo, November 17th 2024 - 18:57 UTC

Tag: Potash

  • Wednesday, April 6th 2022 - 09:10 UTC

    Belarus reopens sales of potash; extent of Western sanctions on Russian fertilizers not clear

    According to RIA, the Belarus government will grant potash export licenses to Belaruskali and Belarus Potash Co (BPC) as of April 6th.

    Belarus announced that it is authorizing licenses for the export of potash beginning this month, according to the official news agency RIA. Russia's close ally is the world’s third-largest producer of potash, widely used in soy production. Belaruskali, a local state-owned company, is among the world’s leading companies in the field.

  • Friday, March 25th 2022 - 09:29 UTC

    Potash prices have more than trebled and keep climbing

    Soy, corn, wheat, coffee, rice all need fertilizers to have healthy crops with profitable yields

    Potash prices, a key element used as fertilizer have more than trebled compared to a year ago. The mineral which was trading at US$ 300 a ton in early 2021, has now skyrocketed to US$ 1,100 a ton, and with not many prospects of returning to normal levels given the ongoing month-long war in Ukraine following on the Russian invasion.