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China's domestic potash prices rose more than $50/t in one month to around CNY3,000/t, driven by a roughly 500,000 tonne drop in port stocks and spring demand. Belaruskali maintenance at its Soligorsk-4 mine through H1 2025 could cut output by up to 1 million tonnes, and sanctions add uncertainty over Belarus and Russia supply.
Tighter Chinese and global potash supply supports higher fertiliser input costs for crop producers, and could pull more import demand into the market.
farmprogress.comPhil Kenkel, Andrew WrightFeb 10, 2025Not 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.
