# Potash importers brace for prolonged price rally after sanctions on Belarus | Reuters

> 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

- Date: 2021-12-21 · published 2021-12-21T12:00:00.000Z
- Category: news · magnitude medium
- Page: https://feedsoft.ai/events/43507-potash-importers-brace-for-prolonged-price-rally-after-sanctions-on-belarus
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Persistent potash price strength raises fertilizer costs for importers such as Brazil, India and China, which can curb application and reduce future crop supply.

## Read by commodity

- POTASH: bullish ▲

## Sources

- agweb.com: https://www.agweb.com/markets/pro-farmer-analysis/potash-importers-brace-prolonged-price-rally
- reuters.com: https://www.reuters.com/markets/commodities/potash-importers-brace-prolonged-price-rally-after-sanctions-belarus-2021-12-21/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.