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Belarus cut potash fertilizer exports 16.9% year on year in January-March 2020 to 1.409 million tonnes of nutrient. Export value fell 29.5% to $537.6 million, based on official statistics.
Lower Belarusian export volumes tighten supply somewhat, but the sharper fall in value points to weaker prices. The mixed signal is a modest factor in the potash price outlook.
primepress.byPrimepressMay 14, 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.
