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Potash supply now exceeds demand after sanctions on Belarus and the Russia-Ukraine war disrupted world supply and then weighed on consumption. The article describes the market easing from earlier shock conditions.
Surplus potash supply points to softer fertilizer prices, lowering input costs for crop producers and eventually grain and feed cost pressure relief.
mining-journal.comSiobhan Lismore-ScottMar 7, 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.
