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Global spot prices for potash are at 13-year highs around $650 per tonne after a spike in crop prices and a demand recovery this year. The record price for potash was set in 2008 when deals were signed at around $800 per tonne, said VTB Capital analyst
Persistent potash price strength raises fertilizer costs for importers such as Brazil, India and China, which can curb application and reduce future crop supply.
agweb.comDec 22, 2021
reuters.comPolina Devitt, Rajendra Jadhav, Roberto SamoraDec 21, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
