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Lukashenko said Belarus has fully rerouted its potash, phosphate and nitrogen exports and sees no need to resume transit through Lithuania. He said all volumes are under contract and that Belarus is loading potash in Russia instead.
Routing through Russia raises costs and removes Belarusian potash from Baltic ports, which keeps global potash supply tighter. Prices remain supported while the Lithuania route stays closed.
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.