Feb 20, 2025
Potassium Based Fertilizer Prices, Monitor, News and Demand
The North American potassium-based fertilizer market in Q4 2024 experienced dynamic price trends, shaped largely by supply-demand dynamics and the agricultural sector's performance. Potassium Chloride (MOP) exhibited a volatile trajectory, starting with price declines in Canada due to weak consumer demand and increased imports of low-cost goods. However, prices recovered in October and November, driven by robust demand from the agricultural sector and supply chain disruptions. December saw a sharp surge in prices, spurred by rising input costs and strong demand for winter wheat and corn fertilizers, coupled with increased exports to South America and Asia.