Published on 19 Jun 2024 on Insider Monkey · via Yahoo Finance
We recently compiled a list of the 10 Best Potash Stocks to Buy. In this article, we are going to take a look at where Nutrien Ltd. (NYSE:NTR) stands against the other potash stocks.
Global Potash Market: Rising Demand, Key Players, and Future Growth Projections
Potash encompasses various minerals rich in potassium, primarily potassium chloride (muriate of potash), which dominates the global market. Other compounds like sulfate of potash make up the remainder of the market. As the world's population is expected to reach over 9.7 billion by 2050, the need for potash-based fertilizers will only continue to rise.