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K+S Group said the $247 per ton potash contract between Belarusian Potash Company and Indian Potash is well below prices in key export markets. K+S will refrain from selling to India at that price, citing expected spring demand.
K+S refusing to sell to India at the contract price shows producers resisting low benchmarks, which supports potash prices and fertilizer costs.
fertilizerdaily.comFeb 8, 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.
