Potash - an important plant nutrient
(PresseBox) - In the case of potash fertilizer, the supply from Russia and Belarus is limited. But fertilizer is necessary for the food supply.
The Ukraine war is affecting potash supply more than other major fertilizers. While potash fertilizer (MOP) still cost around US$220 per ton in 2021, the price rose to around US$560 per ton in 2022 and remained at this level in early 2023. MOP is the most commonly used form of potash. Currently, prices have come back somewhat, but are still higher than before the Ukraine war. Potash fertilizer remains essential to meet population growth and demand for higher quality food. According to the World Hunger Index 2023, the development towards a world without hunger has virtually come to a standstill during this period, which is associated with various crises.
According to forecasts, global potash demand is expected to rise from around 73 million tons at present to an estimated 90 million tons by 2030. Canada, Russia and Belarus dominate the potash market. Incidentally, about six percent comes from Israel, and the same amount from Germany. Prices are largely determined by the major buyers China and India.
Millennial Potash - https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ -, for example, has a promising potash project in Gabon, a business-friendly African country.
However, investors can invest not only in commodity companies, but also in financing companies such as Queen s Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ -. Mine operators with gold, base metal and uranium projects are provided with financing. Queen s Road Capital Investment then earns money from securities and its investors from convertible bonds.
Current company information and press releases from Queen s Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -) and Millennial Potash (- https://www.resource-capital.ch/en/companies/millennial-potash-corp/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2023 - 10:59 Uhr
Sprache: Deutsch
News-ID 693495
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