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Belarusian Potash Company's contract to supply Indian Potash may be extended in March 2020 at the same $280 per tonne price, according to India's ambassador to Belarus. The October 2019 contract was already $10 below the prior deal.
A continued $280/t benchmark for Indian potash imports signals stable pricing for potash buyers in South Asia, with no near-term price spike expected from this contract.
fertilizerdaily.comJan 30, 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.
