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Shengyi Social reported that the average spread for imported potash chloride on November 15 was -3.33 yuan per tonne, calculated as M10 minus M20 (3171.67 minus 3175.00). The spread had narrowed from negative territory but then widened again, which the agency read as continued price declines with faster downward momentum.
Falling imported potash prices lower fertilizer input costs for Chinese farmers and signal softer global potash pricing, a modest bearish signal for potash.
finance.sina.com.cnNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
