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A DTN outlook for 2023 expects more potash supply and lower prices in the coming year. Russia and Belarus together account for 41% of global potash supply, and the Ukraine war remains a risk to that supply.
The article is a short overview of the global potash market.
Expected supply growth points to softer potash prices in 2023. Any renewed disruption from Russia or Belarus would be the main upside risk.
Not 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.