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US sanctions against Belarus's potash industry have pushed fertilizer prices to record highs. The sanctions may also draw President Lukashenko's government further into Russia's orbit as it seeks to offset the financial hit.
Sanctions constraining Belarusian potash exports keep global potash supply tight, supporting fertilizer prices and grain production costs.
bloomberg.comEvgenia PismennayaJan 20, 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.
