# AgroPages-Viewpoint: Potash market more positive for 2021-Agricultural news

> Market participants expect 2021 potash demand to exceed 2020 levels as Covid-19 disruptions ease. Argus forecasts global MOP demand of 69.2mn t in 2021, up from 66.9mn t this year, and expects China and India contract prices to rise by $5-15/t from $220/t and $230/t cfr. Several potash projects completing in 2021 will add supply to a market already considered glutted.

- Date: 2020-12-21 · published 2020-12-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49975-agropages-viewpoint-potash-market-more-positive-for-2021-agricultural-news
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Expected demand growth and a likely rise in China and India contract prices support potash prices into 2021, though new capacity may cap gains and affect feed-mix input costs.

## Read by commodity

- POTASH: bullish ▲

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---37520.htm

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