❗❗#Asia Potash International: Potash prices expected to rise further in H2, company sees volume and price growth with low valuation

English summary

### ❗❗#Asia Potash International: Potash prices expected to rise further in H2, company sees volume and price growth with low valuation Time: 2026-07-31 08:51:42 Content: #Russia and Belarus potash joint production cut in Q3, potash prices may rise in H2. 1) Potash prices remained high in H1. 2) Russia and Belarus potash implement joint production cut in Q3, annual exports down ~1.8M tons YoY. 3) Autumn fertilizer peak starts end of August, downstream restocking demand releases, prices may rise. #Limited global new capacity, potash industry likely to maintain tight balance. 1) This year no new potash capacity except Asia Potassium, limited supply increment. 2) El Niño lasts until year-end, Southeast Asian palm crops boost potash demand. 3) Global potash supply highly concentrated, oligarchs' strong production control willingness, industry likely to maintain tight balance for years. #Company volume and price rise, capacity expansion path clear. 1) 2025 potash sales 2.05M tons +17% YoY, Q1 output 650K tons +28% YoY, sales continue to grow. ...