Loading…
German potassium chloride prices were bearish in December 2023 because most consumer markets were oversupplied. High destocking and weak demand across Europe added to the pressure.
Lower natural gas and ammonia costs also eased cost support.
Oversupply and weak European demand keep potash prices under pressure. Brazil's drought-related drop in potash demand adds to the bearish outlook.
chemanalyst.comBob DufflerJan 15, 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.
