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Belarus is losing a key transit route for its potash exports after Lithuania moved to terminate its contract with Lithuanian Railways and state-run Belarusian rail operations. The change adds pressure to already record-high fertilizer prices and food costs.
Loss of the Lithuanian transit route removes a major Belarus potash outlet, tightening global potash supply and lifting fertilizer costs for feed-grain producers.
bloomberg.comMilda SeputyteJan 12, 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.
