Received wisdom on potash markets is “flawed” – Highfield
Published: Monday, 30 November 2015
Most market observers understand the potash industry to be suffering from severe overcapacity, but this interpretation of the supply and demand structure of the market is seriously flawed – and flawed enough for a low cost competitor to join the club of producers, according to Highfield Resources.
ASX-listed potash junior Highfield Resources Ltd has claimed
that general understanding of the world’s potash
markets is lacking, owing to a number of product definition and
foreign exchange factors.
Speaking to a meeting of investors and analysts in London,
UK, last week, the company said that while cost curves