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German potassium chloride prices dipped slightly in November 2023 amid slower consumer demand and destocking. Potassium chloride FOB Hamburg was assessed at $520/MT at the end of November.
Lower natural gas costs also reduced production costs.
Softer European demand and lower production costs point to continued pressure on potash prices, though colder winter weather could tighten gas costs.
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.