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Belarus shipped 8.8 million tonnes of mineral fertilizers through Russian transport channels in January to October 2023, roughly threefold the same period in 2022. Direct shipments to Russia rose 50%, and transit through Russia rose 3.4 times.
Container shipments increased 2.4 times, mainly through the Bronka port and the Kanisai rail junction.
Larger Belarusian fertilizer flows through Russian logistics add to global potash and fertilizer supply, which adds downward pressure on prices.
interfax.comNov 27, 2023Not 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.
