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Potash prices: How are they going to be behave in the long term?
Aug 23: The demand for potash sits at the intersection of a number of global megatrends.
8Potash benefits from rising population, changing diets and the need for the sustainable intensification of agriculture. While potash demand can be volatile year to year, we anticipate trend demand growth of 1.5–2.0 Mt per year (between 2 and 3 per cent per annum) through the 2020s.
8The pace of demand growth is important because the need for new supply to be induced is only expected to arise once both the latent capacity and capacity additions that are under construction have been absorbed.
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