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 Potash Price Trend has been on an upward trajectory, driven by its widespread demand across various sectors. Primarily utilized as a fertilizer in agriculture, potash enhances crop health and yield. Its inclusion in detergents contributes to the creation of liquid formulations, ensuring clothes remain clean, fresh, and soft. Additionally, in the pharmaceutical realm, potash serves as a crucial electrolyte balancer within the body. The industry’s expansion is propelled by its versatility, including its use as a glaze ingredient in ceramics, a water conditioner, and a substitute for de-icing salts. As reflected in the Potash Price Index, these diverse applications underscore the ongoing development and growth of the potash industry.
Key Players:
- 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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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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