Loading…
Profercy reports that the North American potash market is awaiting clarity on whether the incoming Trump administration will impose 25% tariffs on Canadian imports. Canada supplies up to 85% of US potash imports, and New Orleans granular MOP barge prices have risen from about $250 to $260-265 per short ton fob.
Tariff fears are firming US potash prices, since Canada supplies most US imports and any tariff would raise landed costs.
profercy.comChris YearsleyJan 20, 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.
