# Potash Price Rises are Creating a Mining Boom

> Potash prices have risen about 25% in the past year to more than $350 a ton, driven by steady demand growth and limited supply from China, Russia, Belarus and Canada. Producers are developing new mines, including Kalium Lakes' AUD 216m Beyondie project in Australia, which received environmental approval.

- Date: 2019-04-10 · published 2019-04-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59903-potash-price-rises-are-creating-a-mining-boom
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Tight potash supply and rising prices raise input costs for crop producers, which can shift acreage and feed grain demand over time. Expanding mine capacity is a longer-term factor that could eventually ease prices.

## Read by commodity

- POTASH: bullish ▲

## Sources

- blog.agchemigroup.eu: https://blog.agchemigroup.eu/potash-price-rises-are-creating-a-mining-boom/

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