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Bloomberg reports that a rally in food prices is driving record fertilizer demand. Potash producers are seeing improved conditions after several volatile years, and one producer expects a new high watermark.
Strong crop prices encourage higher fertilizer application, supporting potash demand and prices heading into the 2021 season.
bloomberg.comDec 9, 2020Not 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.
