
Guosen Securities research says global potash supply is oligopolistic and demand may rise with biofuel growth under high oil prices, supporting moderate price increases. The report also expects phosphate rock prices to stay high due to declining domestic grades and slow new capacity.
Expectations of firmer potash and phosphate rock prices point to higher fertilizer input costs for feed producers. The view comes from a brokerage forecast rather than a new supply event.
Not enough comparable past events yet for a historical read.
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.