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Russian-owned Slavkaliy and Belarusian Potash Company (BPC) are reported to be coordinating their pricing policy. The Nezhinsky potash project is expected to start up around 2023, and Belaruskali plans to add capacity.
Coordinated pricing between two major exporters could support potash prices and reduce competition in export markets. Higher fertilizer prices would raise input costs for crop producers.
Not 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.