Uralkali’s Estimate of World Potassium Demand in 2014

By CnAgri2013-11-18 11:25:20 Print

World potassium demand grew at a rate of 2 ~ 3% in 2002 ~ 2012 but potassium productive capacity grew at a rate of 3.1%, suggesting an abundant supply. Since April last year, potassium price has kept going south in the international market. Uralkali intends to maintain its low price to spur potassium consumption.

Uralkali predicts that world potassium demand may be 53 ~ 54 million MT in 2013 and 59 ~ 60 million MT in 2014.

From “China Fertilizer Market Weekly Report”