What is "canpotex"

Canpotex, short for Canadian Potash Exporters , is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972. Based in Saskatchewan, Canpotex manages the entire Saskatchewan potash exporting industry (excluding Canadian and US sales), including transportation and delivery. It has been criticized as a " cartel".

Canpotex is the world's largest exporter of potash, selling over nine million tonnes of potash in 2008, representing about one-third of global capacity. The global potash market was considered a duopoly between Canpotex and Belarusian Potash Company (BPC), a similar consortium which exported Belarusian ( Belaruskali) and Russian potash ( Uralkali); until the BPC marketing venture failed in 2013, the two collectively controlled 70% of global potash exports.