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Muriate of potash (MOP) prices fell from a December 2019 average of $265 per ton to $245 early in 2020, then dropped to about $202.50 from June to December, 23% below the 2019 average. Prices held up better than many commodities during the COVID-19 downturn.
Industry analysts expect supply and demand to remain steady into 2021.
Flat potash prices keep fertilizer costs low for growers, with limited near-term price pressure on feed-related crop inputs.
investingnews.comGeorgia WilliamsJan 19, 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.
