# Potash market rebounds as low prices drive sales in Asia

> The global potash market is recovering from a decade of weak prices as cheap fertilizer drives sales in India and China. Potash Corp raised its 2017 global shipment forecast to 62-65 million tonnes, and Canpotex said shipments to China may rise 31% this year. Canpotex also signed Chinese supply contracts priced $11 a tonne above 2016 levels.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/70289-potash-market-rebounds-as-low-prices-drive-sales-in-asia
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Stronger shipment forecasts and higher contract prices point to firmer potash demand and prices, which raises input costs for crop producers and feed-grain margins.

## Read by commodity

- POTASH: bullish ▲

## Sources

- livemint.com: https://www.livemint.com/Industry/K7LcGIaMyYvJNiCMqIpMuK/Potash-market-rebounds-as-low-prices-drive-sales-in-Asia.html

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