Loading…

Potash affordability fell 2.7% in the past month as crop prices dropped and the MOP import price index rose. Overall fertilizer affordability worsened sharply on nitrogen price increases linked to the Strait of Hormuz closure.
Potash is often the first nutrient that price-sensitive buyers cut, so weaker affordability could dent demand. Higher import prices still support the price level.
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.