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The Eurasian Development Bank and Alfa Bank will lend $120 million to Belaruskali, a major potash fertilizer producer, to replenish its working capital. The parties also discussed cooperation on commissioning new mines and modernizing existing assets.
The financing supports Belaruskali's operations and could help sustain potash output over time. The effect on feed-related prices is minimal.
belarus24.byТелеканал «Беларусь 24»Feb 7, 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.
