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Belaruskali exported over 1 million tonnes of potash in August, with more than 80 percent offloaded at St. Petersburg ports and some shipped to China by container train. The company said it fully supplied Belarusian farmers during the planting season.
Belarus has rerouted its transit cargo from Baltic ports to Russian ports due to Western sanctions.
Steady Belarusian export volumes via Russian ports sustain global potash supply, which supports the bearish price outlook for fertilizer.
Not 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.