# Mosaic to Idle Louisiana Operations to Cut Back Supply :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Mosaic announced it will idle its Louisiana phosphate operations, cutting production by about 500,000 tonnes this year. The company said the cut aims to reduce high phosphate inventories and rebalance the market, and it expects a more balanced supply-demand outlook in 2020. It also recently paused its Colonsay potash mine in Saskatchewan.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/56382-mosaic-to-idle-louisiana-operations-to-cut-back-supply-content-tap-oan-hoa-chat
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Supply growth from Saudi Arabia and Morocco had pushed phosphate prices lower, and this cut should tighten supply and support DAP/phosphate pricing for feed-grade phosphate buyers. The potash pause reflects abundant potash inventory, which keeps potash prices under pressure.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- POTASH: bearish ▼
- PHOSROCK: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/mosaic-to-idle-louisiana-operations-to-cut-back-supply_20191122051825.html

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