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Gomel Chemical Plant, Belarus's largest mineral fertiliser producer, has refocused potash exports to Russia and China after losing up to 95% of exports in March 2022 due to Western sanctions. The plant redirected 200,000 tonnes to Russia and reformulated NPK lines to keep some presence on the EU market.
Sanctions-driven rerouting of Belarusian potash limits global supply through traditional EU ports, supporting potash prices for feed grain growers via higher fertiliser costs.
intellinews.combne IntelliNewsJan 12, 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.
