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Nutrien's interim CEO said global potash will stay tight even as more buyers accept Russian and Belarusian supply, with Russian shipments possibly 20% below 2021 levels and Belarusian output possibly halved. Wholesale potash prices in the US Cornbelt and Brazil fell to their lowest since March in the week ending July 29.
Constrained potash supply from Russia and Belarus keeps input costs firm for crop producers, even though recent spot prices have softened.
mining.comAug 5, 2022Not 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.
