Sunday 6 October 2013

End of potash cartel should reduce food prices in Arabian Gulf | The National

End of potash cartel should reduce food prices in Arabian Gulf | The National:

"For the Arabian Gulf states, heavily dependent on food imports, the Byzantine manoeuvrings in the potash industry could spell relief from steadily rising prices.

Potash is not a particularly glamorous mineral, but plants love it. It is essentially a fertilizer form of the element potassium, and is vital to organic life. Potash can turn sterile desert into fields of green. Countries such as Jordan that have large deposits of the mineral have used it to create agricultural industries that simply could not exist otherwise."

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