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For reference, prices in November 2011 were about US$470 per tonne, but as of May 2013 were stable at US$393. [42] After the surprise breakup of the world's largest potash cartel at the end of July 2013, potash prices were poised to drop some 20 percent. [43] At the end of December 2015, potash traded for US$295 a tonne.
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Potash production in Canada rose in 2017 and 2018 by 18.6%. [48] Conservative estimates report 30 to 50% of crop yields are attributed to natural or synthetic commercial fertilizers. [40] [49] Fertilizer consumption has surpassed the amount of farmland in the United States. [47] Data on the fertilizer consumption per hectare arable land in 2012 ...
One of the major sources for chemical fertilizers is potash ore. [2] The other concern with the potash ore is the supply is finite and is running out, hence the increase in pricing. [1] Potash is one of the major sources for potassium and phosphorus and one of the original agrominerals. [2]
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