In this article, we will discuss the 8 Best Potash Stocks to Invest in Right Now.
Fertilizer supplies are under pressure amid disruptions to shipping routes due to the war in the Middle East. The war has already choked off big chunks of the world’s supply of ammonia, urea, sulfur, and phosphate. Therefore, the war-fueled surge in fertilizer prices is already sending potash stocks soaring on Wall Street, even as farmers face a tough choice heading into the planting season.
“While North American producers, like Nutrien and LSB Industries, are geographically insulated from fighting, the conflict has forced domestic spot prices higher as the spring planting season begins,” said Jefferies analyst Laurence Alexander.
As the Strait of Hormuz remains closed, Potash stocks have rallied amid the Middle East’s role as a key supplier of oil and gas derivatives, including nitrogen, a critical ingredient in many agricultural chemicals.
According to the Morgan Stanley team, 33% of the global ammonia, urea, phosphate, and sulfur products pass through the Strait of Hormuz. In addition, about 30% of the global fertilizer ships out through the Strait.
The supply shortage amid soaring demand has already pushed the North American fertilizer price index to $810 per short ton as of March 9, surpassing 2025 highs of $776.85 per short ton.
“Given the importance of the Middle East in global oil and feedstock markets, all chemicals value chains are impacted,” Mizuho analysts recently wrote. “Scarcity will drive near-term fertilizers prices up.”
The surge in potash stocks comes as investors bet that American fertilizer makers will take market share as output from Middle Eastern producers remains blocked. Similarly, investors expect American producers to enjoy higher profit margins.
With that in mind, let’s now look at the 8 best potash stocks to invest in right now.
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Methodology
To come up with our list of the 8 best potash stocks to invest in right now, we used financial media reports and potash-related ETFs to identify companies that are involved in potash production or potash trade. Next, we used the Insider Monkey database to pick out 8 stocks with the largest number of hedge fund investors as of Q4 2025. Finally, the stocks are ranked in ascending order based on the number of hedge funds in them.
For this article, we scanned the Gates Foundation’s stock portfolio and picked its top 10 holdings. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best Potash Stocks to Invest in Right Now
8. ICL Group Ltd (NYSE:ICL)
Number of Hedge Fund Holders: 12
ICL Group Ltd (NYSE:ICL) is among the best potash stocks to invest in right now. On March 18, ICL Group Ltd (NYSE:ICL) announced that it was setting up a specialty fertilizer production facility in India. This plant will be based in the Indian state of Maharashtra and will be dedicated to the production of water-soluble fertilizers to serve the Indian market.
This investment is part of the ICL Group’s strategy to increase production of specialty fertilizer in high-growth markets. ICL Group’s India speciality fertilizer plant will adopt the same production model that the company currently uses in Israel.
ICL Group has seen stable demand for its products in India. It’s been serving the Indian market for more than 30 years, and now it generates around $250 million in annual revenue from the market. This domestic facility is also expected to help India reduce its reliance on fertilizer imports, which are prone to disruptions due to geopolitical tensions. As an example, the Iran war has made shipping through the Strait of Hormuz corridor difficult, leading to supply delays and price hikes.
In 2025, the company’s potash segment generated $1.71 billion in sales, which rose from $1.66 billion in 2024. The EBITDA for the segment was $552 million in 2025, compared to $492 million in 2024. ICL Group benefited from higher potash prices in 2025. It said its potash price per tonne rose 22% YoY to $348 in Q4.
In December 2025, ICL Group secured a contract to supply 750,000 tonnes of potash to Chinese customers during the 2026 period at a price of $348 per tonne. That contract includes an option to supply an additional 330,000 tonnes.
ICL Group Ltd (NYSE:ICL) is an Israeli multinational company that provides specialty chemicals and minerals. It extracts and processes thousands of tons of potash-based fertilizers annually from the Dead Sea in Israel as well as underground mines in Spain. It supplies major agricultural markets like Brazil, China, India, and Europe to improve crop yields and soil quality.
7. Intrepid Potash Inc (NYSE:IPI)
Number of Hedge Fund Holders: 20
Intrepid Potash Inc (NYSE:IPI) is among the best potash stocks to invest in right now. On March 4, Intrepid Potash Inc (NYSE:IPI) reported its Q4 2025 financial results. The report showed total sales rose to $75.9 million from $55.8 million in Q4 2024. Potash sales in Q4 2025 rose to $29.5 million, compared to $28.9 million in the same quarter in 2024.
The quarter was buoyed by strong potash prices, which jumped to $387 per ton, compared to $347 per ton in the prior-year quarter. That helped offset a slight decline in sales volume to 55,000 tons from 57,000 tons.
For the full-year 2025, potash sales came to $139.58 million, increasing from $124.83 million in 2024. The year was supported by increased sales volume, with the company shipping 289,000 tons compared to 240,000 tons shipped last year.
Looking ahead, Intrepid forecasts Q1 2026 potash sales volume in the band of 95,000 to 105,000. It anticipates the average price per ton in the range of $345 to $355.
Intrepid exited 2025 with $83.5 million in cash and cash equivalents and no debt. The company has a $150 million revolving credit facility.
Beyond fertilizer and salts, Intrepid is venturing into the lithium business. In another update on March 4, the company said its lithium project was progressing well, with its joint venture partners producing battery-grade lithium carbonate. This project is a big focus for the company in 2026.
Intrepid Potash Inc (NYSE:IPI) is a fertilizer manufacturer. It operates three mines in the western U.S. cities of Carlsbad, Moab, and Wendover. In the US, Intrepid Potash is the largest producer of potassium chloride (muriate of potash). The company also produces salt used in animal feeds and industrial applications.
