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Belaruskali launched the Petrikov potash plant on August 31 with 1.5 million tonnes of annual capacity, which could later double. Its total capacity is rising from 11.5 million to 13.15 million tonnes, with plans for 15.5 million by 2025.
Western sanctions cast doubt on Belarus's export plans.
Expanding Belarusian output adds future potash supply, which is bearish for prices if exports can reach the market. Sanctions limit how much of that supply reaches buyers.
primepress.byPrimepressSep 6, 2021Not 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.
