# Mosaic Idles Esterhazy Potash Mine - E & MJ

> Mosaic will temporarily curtail production at its Esterhazy potash mine in Saskatchewan. Combined with an earlier curtailment, total cuts reach up to 600,000 metric tons. The company cited rising inventories, a short-term slowdown in global potash markets and a risk of delayed Chinese contract settlement.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: market · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/55884-mosaic-idles-esterhazy-potash-mine-e-and-mj
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Cutting up to 600,000 mt of supply reduces near-term potash availability and supports prices if the cuts are realized. Mosaic still expects a strong Brazil and North America application season.

## Read by commodity

- POTASH: bullish ▲

## Sources

- e-mj.com: https://www.e-mj.com/news/us-and-canada/mosaic-idles-esterhazy-potash-mine-2/

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