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A new Russian potash producer in the Urals is aiming to capture around a tenth of the global potash market by the middle of the next decade. The article notes the fertilizer market is already crowded with supply.
New potash capacity arriving into an already oversupplied market could cap price recovery, which weighs on fertilizer input costs for feed grain production.
wsj.comJames Marson | Photographs by Arthur Bondar for The Wall Street JournalJul 29, 2018Not 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.
