Potash is a fertilizer rich in potassium (symbol K), which is present in the earth’s crust and is the seventh most common element in nature. It’s a soft metal which looks silvery-white in appearance and has a silver lustre. It is derived from the underground mining of potash rocks and sylvinite rocks deposits which formed over millions of years from evaporated seabeds.
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It is a vital ingredient needed by all animals, plants, and humans for survival. It includes ingredients like Potassium, Nitrogen, and Phosphorous.
Key Details About the Potash Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potash price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Potash Price chart, including India Potash price, USA Potash price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Potash Price Trend:
The surge in potash demand is driven by its widespread use as a fertilizer in agriculture to enhance crop health. Additionally, it is incorporated into detergents to formulate liquid detergents that effectively maintain clothes’ cleanliness, freshness, and softness, thanks to its unique softening properties. In the pharmaceutical sector, potash serves as a crucial ingredient for maintaining electrolyte balance in the body. The industry’s growth is further propelled by its utilization as a glaze ingredient in ceramics, owing to its low surface tension, as well as its applications as a water conditioner and a substitute for de-icing salts. These diverse applications across various downstream industries contribute to the continuous development of the potash industry. Monitoring potash price trend, potash price index, and potash prices is essential for understanding the economic dynamics influencing its demand and market expansion.
- Nutrien Limited
- The Mosaic Company
- Intrepid Potash Inc
- Arab Potash Company
- EuroChem Group AG
- Thermo Fisher Scientific Inc.
News & Recent Development
- 18 January 2023- Prices of fertilizer reached new peaks in 2022, stressing farmers and food distribution. The prices of phosphate and potash reached record highs due to factors like the toll of war, increasing gas prices, Chinese export problems and increased prices of crops.
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