IDEAS home Printed from https://ideas.repec.org/p/ocp/pbtrad/pb-1609.html
   My bibliography  Save this paper

Potash: a typical price war

Author

Listed:
  • Yves Jégourel

Abstract

Along with phosphorus and nitrogen, potash constitutes one of the three nutrients used in the production of fertilizers. Although the factors that influence its demand are mostly common to other fertilizers and in large part determined by the agricultural market conditions, its supply depends on specific factors. Long known to be controlled by two production and export cartels, the potash market experienced a major change in 2013 with the end of the RussianBelarusian agreement. In a difficult economic climate, this rupture has resulted in the start of a price war, similar to what has been observed for other commodities such as iron ore.

Suggested Citation

  • Yves Jégourel, 2016. "Potash: a typical price war," Policy briefs on Trade Dynamics and Policies 1602, Policy Center for the New South.
    • Handle: RePEc:ocp:pbtrad:pb-1609
    as

    Download full text from publisher

    File URL: https://www.policycenter.ma/sites/default/files/2021-01/OCPPC-PB-1609vEn.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rawashdeh, Rami Al & Xavier-Oliveira, Emanuel & Maxwell, Philip, 2016. "The potash market and its future prospects," Resources Policy, Elsevier, vol. 47(C), pages 154-163.
    2. Valerie J. Picketts & Andrew Schmitz & Troy G. Schmitz, 1991. "Rent Seeking: The Potash Dispute between Canada and the United States," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 255-265.
    3. Samuel P. Hayes, 1942. "Potash Prices and Competition," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 57(1), pages 31-68.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ocp:rpaeco:pb-1609 is not listed on IDEAS
    2. repec:ocp:rtrade:pb-1609 is not listed on IDEAS
    3. Yves Jégourel, 2016. "Potash: a typical price war," Policy briefs on Economic Trends and Policies 1603, Policy Center for the New South.
    4. Javelosa, Josyline C. & Schmitz, Andrew, 2006. "Costs and Benefits of a WTO Dispute: Philippine Bananas and the Australian Market," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 7(1), pages 1-26.
    5. Rami Rawashdeh, 2023. "Estimating short-run (SR) and long-run (LR) demand elasticities of phosphate," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(2), pages 239-253, June.
    6. Vining, Aidan R. & Moore, Mark A., 2017. "Potash ownership and extraction: Between a rock and a hard place in Saskatchewan," Resources Policy, Elsevier, vol. 54(C), pages 71-80.
    7. Dmitrieva, D. & Ilinova, A. & Kraslawski, A., 2017. "Strategic management of the potash industry in Russia," Resources Policy, Elsevier, vol. 52(C), pages 81-89.
    8. Al Rawashdeh, Rami, 2020. "World peak potash: An analytical study," Resources Policy, Elsevier, vol. 69(C).
    9. Song, Xiaoqian & Geng, Yong & Zhang, Yuquan & Zhang, Xi & Gao, Ziyan & Li, Minghang, 2022. "Dynamic potassium flows analysis in China for 2010–2019," Resources Policy, Elsevier, vol. 78(C).
    10. Mahmuda Nasrin & Pooja Vortia & Shakila Salam & Md. Salauddin Palash, 2022. "Is fertilizer demand elastic to its own price? Assessing the consequences of fertilizer subsidy policy in Bangladesh," SN Business & Economics, Springer, vol. 2(8), pages 1-15, August.
    11. Ilinova, Alina & Dmitrieva, Diana & Kraslawski, Andrzej, 2021. "Influence of COVID-19 pandemic on fertilizer companies: The role of competitive advantages," Resources Policy, Elsevier, vol. 71(C).
    12. Schmitz, Troy G. & Lewis, Karen E., 2015. "Impact of NAFTA on U.S. and Mexican Sugar Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(3), pages 1-18, September.
    13. repec:ocp:ppaper:pb-16/10 is not listed on IDEAS
    14. Yan, Jingchun & Shen, Laihong & Ou, Zhaowei & Wu, Jian & Jiang, Shouxi & Gu, Haiming, 2019. "Enhancing the performance of iron ore by introducing K and Na ions from biomass ashes in a CLC process," Energy, Elsevier, vol. 167(C), pages 168-180.
    15. Troy G. Schmitz, 2018. "Impact of the 2014 Suspension Agreement on sugar between the United States and Mexico," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 55-69, January.
    16. Yakovleva, Natalia & Chiwona, Annock G. & Manning, David A.C. & Heidrich, Oliver, 2021. "Circular economy and six approaches to improve potassium life cycle for global crop production," Resources Policy, Elsevier, vol. 74(C).
    17. Schmitz, Andrew, 1995. "Political Economic Analysis in Agricultural Trade and Competitiveness," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183393, International Association of Agricultural Economists.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ocp:pbtrad:pb-1609. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Policy Center for the New South's Customer service (email available below). General contact details of provider: https://edirc.repec.org/data/ocppcma.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.