Potash prices to normalize by 2023, says Brazil Potash president.
Potash prices are set to normalize in the mid-term, as soon as early 2023, Brazil Potash president Adriano Espeschit told MINING.COM.this year on fears of a shortage caused by the Russian invasion of Ukraine. Russia was the world’s second-largest potash supplier in 2021, churning out nine million tonnes.
“Even with the current issues, some top agriculture countries like Brazil, for example, have gained access to fertilizers” Brazil is responsible for 25% of the world’s food production and is the second largest consumer of potash in the world, but 96% of it is imported.mine in Sergipe, is at the end of its lifetime.
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