Galaxy - Potash Story

OUTLOOK '19: Global potash supply squeeze intensifies, Europe production capacity uncertain
LONDON (ICIS)--Muriate of potash (MOP) fertilizer supply will remain tight around the world in 2019, amid increasing demand, production discipline, outages, and the delayed ramp-up of new capacity
.Buyers instead forecast demand requirements for the first quarter of 2019, and approached producers in an attempt to secure cargoes early.Many were turned away, as producers were unwilling to commit that far ahead, owing to the aforementioned tight supply.
Production is expected to increase in 2019, but much of the volumes will be consumed by EuroChem’s internal nitrogen, phosphate, potassium (NPK) fertilizer lines.
However you look at it, 2019 will be a tough year for buyers, as tight supply continues to put upward pressure on prices, and producers target markets which offer the best possible returns.