What is Potash?
Potash is best known for being one of the primary ingredients in fertilizer. There are many other secondary uses for potash, but approximately 90% of the global supply of potash is used for fertilizer. The benefits of using fertilizer on crops are well documented and include the following:
Fertilizer is absolutely imperative for many countries to be able to successfully grow their own large and robust crops. Potash is a key ingredient in fertilizer and plays a key role in much of the world's food supply. Food costs spike significantly when crops are lost due to weather and floods; fertilizer helps crops remain strong even in these conditions. Stronger crops produce higher yields and this helps to keep food prices lower around the globe. Lower food prices allow people around the world to have access to healthier foods, vastly improving diet and reducing illness.
Worldwide population continues to grow steadily and the demand for potash based fertilizer grows as well. It is not a coincidence that the most highly populated countries such as India and China are also the biggest consumers of potash.
Every type of investment market is prone to peaks and valleys in terms of performance. Analysts have the task of taking all of the available information in the market and devising predictions of market directions. Investors often rely heavily on the advice of market analysts in order to make smart investment decisions without personally investing the time to analyze the market. Markets may experience change entirely based on analyst predictions.
Canadian potash mining companies have been known for leading the industry in terms of production and stock performance. There is a strong potash mining foundation in Canada that has developed over many years due to rich deposits and intelligent mining practices. There are numerous potash mines situated across Canada with western potash mines consistently being among the largest producers. Potash analysts frequently list Western potash companies among some of the best potash investment choices in the world.
The Future of Potash Companies in Canada
Potash analysts have noted that Canadian potash companies are looking to further secure their grip on the global markets by investing in potash projects around the world. The price per ton of potash is leading to renewed interest in areas that are less politically stable than traditional potash mining countries.
There has never been a better time to invest in African and Ethiopian potash projects.