Saskatchewan potash industry prepared for growth in 2017

Published on: Nov 6, 2016

By Kylie Williams

Saskatchewan produced a record 18.2 million tonnes of potassium chloride in 2015, with a value of $6.1 billion dollars. As the world’s largest potash producer, the province is hopeful that the low potash prices of recent years, due to over-supply and lower-than-expected demand, have reached their lowest point. In August 2016 the price of potash was $220 USD/metric tonne (mt) in, down from $300 USD/mt the same time last year, and well below the peak price of $870 USD/mt reached in February 2009.

Read the full article: PotashWorks 2017