# BHP ASX: Potash market collapse raises questions about BHP’s $16b bet

> Rabobank economists warn the global potash market is seriously oversupplied and prices will keep falling after a 13 percent slide since the start of the year. They say prices could fall low enough to force some producers to cut output, raising questions about BHP's planned expansion into the sector.

- Date: 2024-09-18 · published 2024-09-18T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28640-bhp-asx-potash-market-collapse-raises-questions-about-bhp-s-16b-bet
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Oversupply and falling potash prices lower input costs for fertilizer buyers, and could eventually trim output if producers are squeezed.

## Read by commodity

- POTASH: bearish ▼

## Sources

- afr.com: https://www.afr.com/companies/mining/fresh-warning-for-bhp-on-its-10-6b-bet-20240918-p5kbj7

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.