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Belarus's potash exports rose 1.8% in volume to nearly 5 million tons in the first nine months of 2019. Export value grew 15.3% to $2.25 billion.
Nitrogen and mixed fertilizer exports also increased.
Steady Belarusian potash shipments add supply to a market already softened by weak demand, which is bearish for potash prices. The value gain reflects higher average prices per ton rather than a demand surge.
fertilizerdaily.comElena ShalashnikDec 10, 2019Not 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.
