EuroChem has outlined a $2.2 billion investment programme to expand its Usolskiy potash complex in Russia's Perm region, targeting an increase in potassium chloride output to 5.2 million tonnes a year by 2029.
The expansion adds to the long-term potash supply outlook, coming as producers globally invest in new capacity to meet demand from fertiliser-intensive agricultural markets. Higher Russian output could weigh on pricing dynamics depending on how quickly the additional tonnes reach export markets and how sanctions-related logistics and payment channels evolve.
For fertiliser buyers and traders, the announcement signals continued Russian commitment to potash capacity growth despite geopolitical headwinds, a factor to watch alongside Belarusian and Canadian supply when assessing medium-term potash balances.
Related on gidex.com: MOP supply · the fertiliser desk · buying through the desk
Original note by GIDEX Group based on reporting by Fertilizer Daily. Written up by the GIDEX market desk — see how these notes are made. Not investment advice.
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