“The decision that was just taken therefore poses a great challenge for the domestic agriculture sector,” it added.
The group ships about 300,000 tonnes of potash from its Bethune site in the Canadian province of Saskatchewan into the US per year, which compares with about 10 million tonnes of total US potash imports.
The impact on its business was therefore “relatively minor”. K+S added that it could redirect volumes from Canada elsewhere on short notice and that it was considering expanding exports from its German mines into the United Sates.
(By Patricia Weiss and Ludwig Burger; Editing by Kirsti Knolle and Miranda Murray)
