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Fertilizer miner K+S reported quarterly earnings hit by lower potash prices. Potash prices have stabilised after a period of volatility that followed Russia's invasion of Ukraine.
Speciality fertilizer demand remained high.
Stabilised but lower potash prices mean weaker sales margins for producers and little near-term support for buyers. The report shows the market has stopped falling but has not recovered.
reuters.comNov 14, 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.
