Photographer: Andrey Rudakov/Bloomberg

Russia’s Fertilizer Tycoon Says Potash Glut May Last a Decade

  • EuroChem to produce speciality fertilizers targeting China
  • Potash fell to a decade low of $220 to $230 a ton this year

Russian billionaire Andrey Melnichenko, whose fertilizer company is investing more than $6 billion in potash mining, said it could take at least a decade for the potash market to work off the excess because of the past “disruptive” actions by the largest sellers.

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