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Request for Real Time Potash Prices: https://www.procurementresource.com/resource-center/potash-price-trends/pricerequest
Potash is made up of a variety of mined and manufactured salts, some of which contain potassium that is water soluble. It is described as plant ashes that have been soaked in water in a container. Salts and clays, such as potassium chloride (KCI), sodium chloride (NaCI), and a number of other salts, are frequently found in high concentrations in its ores.
The main chemical in the reaction is potassium carbonate, which is produced by dissolving the soluble parts of the ashes in large iron pots. A potash is produced when the solution evaporates during a percolation process.
The leading potash producing countries are Canada, Belarus, Russia, China, Germany, Israel, and Chile.
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 Forecast, chart, 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:
Potash is extensively employed in the production of fertilisers and helps in supporting the growth of plants. Additionally, it is utilised to maintain water treatment facilities, animal feed, food, and glass industry.
Other than that, it is also used as an alternative to the de-icing salts, and in the detergents, ceramics, pharmaceuticals and water conditioners.
It is also utilised as an additive, and is a crucial ingredient for a human diet. It plays an essential stabilising role with nitrogen to ensure healthy growth to the pests.
Key Market Players:
- Nutrien Limited
- The Mosaic Company
- Intrepid Potash Inc
- Arab Potash Company
- EuroChem Group AG
- Thermo Fisher Scientific Inc.
News and Events:
- March 2022: A renowned Brazilian provider of specialised plant nutrition, Compass Minerals América do Sul 5A, was recently bought by ICL Fertilizers. The company will be able to expand its offering of liquid potash fertiliser products as a result of this acquisition, particularly in South America.
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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 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 track 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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