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Brazilian granular potassium chloride prices rose slightly in the latest week, while US barge granular prices hit a 17-month low of $238-245 per ton. Analysts say weak fall fertilizer demand, delayed Chinese and Indian contracts, and reduced supplier output are shaping the market.
Weak demand and a delayed large-contract price discovery keep potash spot prices under pressure. Supplier output cuts may limit how far prices fall.
fcchemicals.comPotash demand is weak, international suppliers are reducing productionOct 18, 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.
