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Belarusian Potash Company signed a 2021 annual contract to supply 800,000 tons of potash to Indian Potash at $247 per ton CFR, up from $230 in the prior contract. The deal drew criticism from other major producers.
A higher India contract price lifts the global potash benchmark, raising fertilizer costs for grain and oilseed producers.
fertilizerdaily.comSergey MezhakFeb 2, 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.
