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StoneX's April outlook says potash prices remain under pressure despite the loss of a major exporter for over a year, with North American carryover tonnage likely to be high into summer. It expects the price slide to slow but still leans lower.
Heavy inventories and weak spring demand point to lower potash costs for buyers locking in spring and summer needs.
stonex.comJosh LinvilleMar 31, 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.
