# Nutrien to pause potash ramp up, ammonia project on falling prices

> Nutrien, the world's largest potash producer, has paused its plan to expand potash output indefinitely and will cease development of its clean ammonia plant in Geismar, Louisiana. The company cited falling potash prices. Potash prices have eased since Belarus resumed shipments that had been largely frozen by Western sanctions.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/34922-nutrien-to-pause-potash-ramp-up-ammonia-project-on-falling-prices
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A pause in capacity expansion limits future supply growth, but current easing prices and resumed Belarusian exports point to softer potash costs for farm buyers in the near term.

## Read by commodity

- POTASH: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/fertilizer-maker-nutrien-misses-profit-estimates-weak-prices-2023-08-02/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.