Stability in the potash market is only a dream
K+S Group considers it difficult to make predictions about how the global potash fertilizer market will react and behave this year due to the significant uncertainty.
Among the negative factors affecting the market are the lack of supply contracts for export to China and the spread of coronavirus, the consequences of which are difficult to predict. Therefore, prices for potassium chloride can go up only in the second half of 2020.
Nonetheless, things are looking for K+S Group. For example, the drop in prices for potassium chloride is offset by an increase in their sales after a decrease in production last year.