Loading…
Nutrien expects full-year potash shipments of 68 to 71 million tonnes in 2024, up from 67 to 68 million in 2023, citing strong demand ahead of spring application. The company sees Southeast Asia driving growth and North America benefiting from lower prices, and it flagged potential for potash prices to firm as inventories tighten.
Higher expected potash shipments and tightening inventories point to firmer potash demand and a possible price floor after the 2022-23 slump, which is a modest bullish signal for fertilizer costs that feed into crop economics.
theglobeandmail.comThe Canadian PressFeb 22, 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.
