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Villagers in Sakon Nakhon province, north-east Thailand, are opposing exploratory potash drilling tied to China Ming Ta Potash Corporation. The company has filed lawsuits seeking 34 million baht from protesters, and questions remain over whether the outgoing military government changed mining laws to favour foreign firms.
The dispute concerns a potential new Asian potash supply source serving China's large fertiliser demand, but the project remains uncertain and far from production, so the near-term price impact on potash is minimal.
dialogue.earthYodsapon KerdviboonJun 25, 2019Not 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.
