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Work at the Nezhinski Mining and Processing Plant in Belarus is set to begin in late December, with two production facilities being installed. Once running, the plant is planned to produce up to 2 million tons of potassium chloride per year.
A new 2-million-tonne capacity addition adds to global potash supply, which is mildly bearish for prices over the coming years.
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.