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Saskatchewan's potash industry expects steady, incremental demand and revenue growth in 2024 after volatile years. Prices spiked above US$1,200/t in 2022 and have since settled near US$300/t, closer to pre-invasion averages.
A return to stable prices and gradual demand growth points to a calmer potash market for buyers. Analysts see no major new shock to supply or demand.
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.