Environment & Public Lands
1:21 pm
Mon August 5, 2013

Utah Companies Hit By Drop in World Potash Market

Sulfate of potash dries in the sun at Great Salt Lake Minerals in Ogden, Utah
Dan Bammes

  The world market for potash took a hit last week when a Russian marketing consortium fell apart.  That could cause some difficulty for companies doing business in Utah.

Potash is used for fertilizer, and it was selling in the range of $400 a ton last week when a big producer in Russia said it would quit working with its marketing group and increase its output.  That led some traders to predict the price could drop below $300 a ton.

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