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China's January-July potash imports rose 47.9% in volume to 10 million tonnes and 84.9% in value to $3.63 billion. Imports from Belarus doubled in value, and July purchases were 2.4 times the year-earlier volume.
Prices rose amid strong buying.
Heavy Chinese buying at higher prices shows strong import demand that supports global potash prices. Buyers should expect firm pricing while China keeps purchasing.
Not 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.