With SOP
fetching meaningful price premiums over basic potash fertilizers with chloride, capital would suggest that more supply will enter the SOP market, alternatives will become attractive (e.g. substituting higher levels of more basic fertilizers), or something else will reduce the industry's profitability.
However, since Canada's population is concentrated in markets that already
fetch their oil at higher world
prices, even if western Canadian producers were to access better
prices for their products, that would be unlikely to have a
meaningful effect on gasoline
prices or other segments of our economy.