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StoneX's Josh Linville says potash prices are well below last year's peaks despite a year without Belarus, the world's third-largest exporter. North American spring demand has been weak and carryover tonnage into summer looks high.
Heavy inventories and weak demand point to continued downward pressure on potash prices, with the slide expected to slow rather than reverse.
stonex.comJosh LinvilleApr 6, 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.
