KEENE, N.H.--(BUSINESS WIRE)--SOP (sulfate of potash) and SOPM (sulfate of potash magnesia) are specialty potassium fertilizers that trade at a premium to MOP (potassium chloride) due to cost of production and, currently, a tight supply and demand balance. Existing producers and new entrants are finding the price levels and relative margins of SOP increasingly attractive as MOP prices come under pressure from a relative state of over-supply.
This dynamic has generally sparked interest in additional investment in SOP to take advantage of the relative price premium. Green Markets new research Global SOP Market 2015 – 2020: The Fate of Premium Pricing, analyzes the market dynamics creating the current premium pricing, and uncovers to what level these premiums can be sustained over time.
Informed by detailed insight of global fertilizer production and consumption as well as Green Markets’ proprietary 30-year market pricing data, the research offers transparency into current market influences and forecasts supply/demand balance and prices.
Neil Fleishman, CFA, Director of Research for Green Markets stated “The global SOP market appears to be under-supplied, with current tightness of the market demonstrating demand for additional global capacity outside China. As we explore upcoming capacity additions there is apparent risk of overbuilding, which could be detrimental to pricing.”
The report includes detailed analysis of:
Global Supply of Sulfate of Potash Through 2020
Global Costs of Production of Sulfate of Potash
Global Demand for Sulfate of Potash
- 10 year forecasted demand for SOP
- SOP imports, by country
SOP Startup/Expansion Projects
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Current statistics on 11 SOP projects across the globe
- Production Capacity
- CAPEX and OPEX
- Target Start-up Date
- Implications of capacity additions on premium pricing
10 Year Global SOP Supply, Demand and utilization
Current SOP Pricing and Price Forecast to 2020
Overview of the Sulfate of Potash Magnesia (SOPM) Market
Companies analyzed in Global SOP Market 2015-2020 include:
- Allana Potash Corporation
- Australia Salt Lake
- Compass Minerals
- EPM Mining
- Intercontinental Potash
- Israel Chemicals
- K+S
- SDIC Xinjiang Luobupo Potash
- Potash Ridge
- Reward Minerals
- Rum Jungle Resources
- Sirius Minerals
- South Boulder Mines
- Sociedad Quimica y Minera (SQM)
- Tessenderlo
- Turkmenhimiya
- Yara
For more information, visit http://www.fertilizerpricing.com/Research/Global-SOP-Market, contact Jonathan Wentworth-Ping, Director of Sales, at jping@green-markets.com, or call +1.603-357-8160.
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