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A Freedonia Group study forecasts global potassium fertilizer demand to grow 2.2% per year to 40 million tonnes (nutrient basis) by 2022. Africa and the Middle East are expected to see some of the fastest growth, while total fertilizer demand is projected to rise 1.4% per year.
Steady growth in potash demand, especially from corn and emerging regions, supports fertilizer prices and tightens the supply outlook, though the forecast is a multi-year projection.
worldfertilizer.comJohn WilliamsApr 23, 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.
