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Eastern General Trade's November 2024 potash review reports rising prices in Brazil ($285-295/t CFR) and Southeast Asia ($280-310/t CFR). China's domestic price rose after a QSL December hike, and India's November imports rose 88% year on year.
Rising potash import demand from Brazil and India supports fertilizer prices into early 2025. This raises input costs for feed-grain producers, though the moves are modest.
easttrades.comDec 6, 2024Not 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.
