# Belarus President Proposes Cutting Potash Production With Russia - Bloomberg

> Belarusian President Alexander Lukashenko proposed coordinating with Russian fertilizer producers on a 10% cut in potash output. The aim is to lift potash prices on the global market. The proposal was reported by the state news service Belta.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: policy · region Belarus · magnitude medium
- Page: https://feedsoft.ai/events/27749-belarus-president-proposes-cutting-potash-production-with-russia-bloomberg
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A coordinated supply cut from two producers that together supply roughly a third of world potash could firm prices and raise input costs for farmers. The proposal is not yet agreed, so the price effect is uncertain.

## Read by commodity

- POTASH: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-11-04/belarus-president-proposes-cutting-potash-production-with-russia

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.