Potash Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource
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 market is experiencing a surge in demand, driven by its essential role as a fertilizer in agriculture, enhancing crop health. Additionally, it is utilized in detergents to create liquid formulas, ensuring clothes remain clean, fresh, and soft, thanks to its softening attributes. In pharmaceuticals, potash serves as a vital component for maintaining electrolyte balance in the body. Its versatility extends to being a glaze ingredient in ceramics due to its low surface tension, as well as a water conditioner and de-icing salt substitute. These diverse applications across multiple industries are driving the expansion of the potash industry. Monitoring potash price trends, potash price index, and potash prices through charts and graphs reveals the dynamic nature of this market.
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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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
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.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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