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Potash demand has picked up internationally, with Brazil granular KCl estimated at $330-340 per ton CFR and some offers at $345. Vancouver port strike disruption suspended potash and sulphur shipments from July 1 before resolution, and Nutrien cut Cory mine output.
Port-related export losses could support potash prices for one to two months as suppliers push for higher prices. The impact is expected to be limited, as US barge prices are unchanged and summer fill is sparse.
vizda-industrial.comJul 23, 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.
