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Potassium chloride prices in Belgium held steady in May as Rhine water levels delayed shipments and caused shortages. Global prices have faced downward pressure from weak demand, and Chinese importers have shown little interest in signing traditional six-month contracts amid heavy Russian and Belarusian imports.
Weak demand and heavy Chinese import supply from Russia and Belarus point to downward pressure on potash prices, partly offset by logistics bottlenecks.
chemanalyst.comLi HuaJun 20, 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.
