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Mosaic said its Colonsay potash mine in Saskatchewan, curtailed in December 2022, will restart depending on when current inventories fall enough for long-term operations. The company expects this to happen through the first quarter and plans to lift output to 1.8-2.0 million tonnes by restarting a second mill in late 2023.
Potential restart and planned capacity expansion would add potash supply later in 2023, a bearish factor for prices if inventories clear as expected.
financialpost.comNaim KarimJan 27, 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.
