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Bloomberg reports the EU may sanction Belarus's potash industry by this summer, with measures possibly preventing European companies from trading with Belarusian potash. Belarus supplies about 25% of Europe's demand and could redirect volumes to Asia.
Loss of Belarusian potash from European markets could tighten regional supply and lift potash prices short term, though Russian producers could fill gaps.
fullertreacymoney.comCommentary by Eoin TreacyMay 26, 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.
