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The Belarusian Potash Company shipped potassium chloride to China for the first time via the Northern Sea Route, with two vessels leaving Klaipeda and arriving on 5 October 2020. The company says the route cut delivery time by 1.5 times and reduced charter costs.
A faster, cheaper shipping route lowers delivered potash costs into Asia, which marginally eases pressure on fertilizer prices.
eng.belta.byOct 5, 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.
