CRU analysts expect fertilizer prices to move unpredictably over the next few months, with some nutrients rising and others falling. Potash in Brazil is about $330/t, and China has not yet signed its potash contract, which Beijing is expected to do soon.
Potash supply additions are coming more slowly than expected, which supports prices despite earlier forecasts of declines. Higher fertilizer input costs can cut into farm margins and affect demand for feed grains.
Not enough comparable past events yet for a historical read.
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.