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Belarus's Q1 2022 GDP contracted 0.4% as Western sanctions expanded over its role in Russia's invasion of Ukraine. The country is losing export markets, struggling to refinance foreign debt, and faces a likely deep recession in 2022.
Sanctions constraining Belarusian potash and other exports reduce global fertilizer supply, which supports potash prices, though the report itself focuses on the broader economic damage.
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.