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Several European, Middle Eastern and African potash projects are being assessed as easier to develop than the UK's Woodsmith project. The global market is concentrated among a few large producers, with Nutrien, Mosaic, Belaruskali and Uralkali accounting for about 70% of output.
Lower-cost new projects could add supply over time, but the concentrated market structure means near-term prices are still set by the major producers.
mining-journal.comTom HoskynsApr 16, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
