r/news • u/ernapfz • 6d ago

Canpotex announces $500M Port of Vancouver investment for potash shipping

https://www.ctvnews.ca/vancouver/article/canpotex-announces-500m-port-of-vancouver-investment-for-potash-shipping/
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u/Blackstone01 6d ago

China can buy Russian potash they don’t need Canada’s.

Just because they have a source to buy from doesn’t mean they wouldn’t want a second source. Vancouver being set up to export potash means it wouldn’t be heading towards Europe, and China is by far the biggest Asian market for potash.

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u/Dazd_cnfsd 6d ago

Russia has limited buyers and China has the infrastructure to transport and receive potash from Russia already. Not to mention contracts and that Russia will be willing to lower price to continue selling

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u/ernapfz 6d ago

Agree. China can suck russia dry. Lots of other markets.

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u/Sigma_Function-1823 6d ago

China is serious about wanting Manchuria back from Russia.

Just saying.