# Potash Market Could Be Oversupplied

> Argus Media's Hasan Tarique told the TFI virtual conference that the global potash market is slightly unbalanced for the short term. Consumption is expected to rise from about 66 million tonnes in 2020 to 68 million tonnes in 2021, while new capacity in Russia, Belarus and Canada could create a surplus.

- Date: 2020-12-10 · published 2020-12-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49978-potash-market-could-be-oversupplied
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

New capacity additions could push potash into surplus in 2021, which would pressure prices unless producers delay ramp-ups to maintain balance.

## Read by commodity

- POTASH: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/crops/article/2020/12/10/potash-market-oversupplied

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