# K+S Update: Is it about to get medieval in the potash market? |

> An investment blog argues that K+S, a high-cost German potash producer, faces pressure from the collapse in oil prices. It notes Russian and Belarusian producers have low cash costs and that a weaker ruble historically pushes potash prices down. The author has reopened a short position on both the stock and the bonds.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/54430-k-s-update-is-it-about-to-get-medieval-in-the-potash-market
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker ruble and lower energy costs can encourage low-cost Russian and Belarusian potash producers to sell more aggressively, which pressures global potash prices. This is an investment opinion rather than a confirmed supply change.

## Read by commodity

- WTI: bearish ▼
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-12-24 | [Plunging oil prices show the market is worried about 2019 recession](https://feedsoft.ai/events/8701-plunging-oil-prices-show-the-market-is-worried-about-2019-recession.md) | -0.5% | +15.7% |
| WTI | 2020-03-19 | [Cash is king as emergency stimulus fails to stop market panic](https://feedsoft.ai/events/6272-cash-is-king-as-emergency-stimulus-fails-to-stop-market-panic.md) | +7.3% | -3.0% |
| WTI | 2017-04-24 | [Rival storylines duel in the global oil market \| The National](https://feedsoft.ai/events/71672-rival-storylines-duel-in-the-global-oil-market-the-national.md) | -0.6% | +1.4% |
| WTI | 2025-02-19 | [Weekly Commodity Market Update \| Knox County Agricultural News](https://feedsoft.ai/events/26112-weekly-commodity-market-update-knox-county-agricultural-news.md) | -4.2% | -6.7% |
| WTI | 2019-05-29 | [Canada, Mexico, and the USMCA - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/59323-canada-mexico-and-the-usmca-marc-to-market-marc-chandler-on-global-fx-and.md) | -9.3% | -2.2% |

## Sources

- rapercapital.com: https://rapercapital.com/2020/03/10/ks-update-is-it-about-to-get-medieval-in-the-potash-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.