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Belarus says sanctions and Lithuania's transit ban on Belarusian potash are restricting world supply, raising prices and contributing to food insecurity. Belarus cites its roughly 20% share of global potash trade until 2022.
Restricted potash supply keeps global potash prices elevated, raising crop input costs and supporting corn and soybean production costs over time.
india.mfa.gov.byJul 17, 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.
