Potash industry sales 'to revive strongly in 2013'
The potash industry will enjoy a strong recovery in 2013, taking sales volumes to their second-best ever, thanks to the return of China and India to buying, K+S said, as it pleased investors by forecasting growth in its own profits...
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'Greater use of fertilizers'

"The resultant income prospects for the agricultural sector should provide a sufficient incentive to raise yields through the greater use of fertilizers," said  German-based K+S, the European Union's biggest potash group, with a share of some 10% of the world potash market .

The group also assumed "a significant increase in demand in China and India after the buying restraint in 2012"...
...However, the group cautioned over downbeat potash price forecasts, saying that "the economic viability of time consuming and very capital intensive new projects depends on a reasonable potash price level".

And new mines are needed, with "currently installed capacities" insufficient to meet demand rises required to support rising global food consumption, said K+S, which is developing a greenfield site in Canada to tackle its own capacity constraints.
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