Danakali ESG Framework
SOP Pricing dynamics
SOP demand and supply dynamics support a robust pricing environment
•
SOP price provides attractive
SOP price premium over MOP
Baltic Std MOP FOB
margins for low cost primary
producers
• SOP price premium to MOP has
consistently remained above
US$200/t for over 5 years
O
Premium is sustainable due to:
-
Mannheim Process conversion
cost
Mannheim Process
environmental issues (carbon
emissions and acid disposal)
Limited SOP supply expansion
Robust and growing SOP demand
350
SOP price premium over MOP (US$/t)
300
250
200
150
100
50
DANAKALI
Jul-20
Apr-20
Jan-20
Oct-19
Jul-19
Apr-19
Jan-19
Oct-18
Jul-18
Apr-18
Jan-18
Oct-17
Jul-17
Apr-17
Jan-17
Oct-16
Jul-16
Apr-16
Jan-16
Oct-15
Jul-15
Apr-15
Jan-15
Oct-14
Jul-14
Apr-14
Jan-14
Oct-13
Jul-13
Apr-13
700
600
500
400
300
200
100
Potash price (US$/t)View entire presentation