Industrial Minerals


Uralkali does not see drop in potash prices for 2012

26 January 2012

by Alex Feytis

Russian producer expects prices to remain high as “farmers can afford to pay more”

Keywords: Uralkali, potash, potash prices, fertiliser

Russian fertiliser producer Uralkali believes that potash prices will remain as high in 2012 as customers can afford to pay, thanks to increased earnings from agricultural products, according to a press report.

 

“Soft-commodity prices are at very healthy levels,” chief financial officer Victor Belyakov said to Bloomberg, pointing out that “farmers earn very good margins, they can actually afford to pay even more”.

 

Since the last quarter of 2011, the fertiliser industry, which had healthily headed...